Financing and Strategy

Driving Innovation and Entrepreneurship

Northumberland CFDC

From our headquarters at:

RE3: IGNITING ECONOMIC RECOVERY FOR WOMEN-LED BUSINESSES

July 17, 2020

The COVID-19 pandemic has had a significant impact on businesses and communities across the country. From the outset, the Government of Canada has taken action to support sectors affected by the pandemic, including through the $962 million Regional Relief and Recovery Fund (RRRF), launched on May 13, 2020.

Women-led businesses often face unique challenges, which have been amplified by the impacts of COVID-19 on our economy. With systemic barriers to growth, compounded by the financial hardships of COVID-19, the path to re-opening can be challenging. As the economy gradually reopens, these businesses need support for the additional expenditures, such as acquiring personal protective equipment (PPE), re-configuring physical storefronts or workspaces to adopt social distancing measures, and positioning themselves for a successful recovery.

Click here to read the official press release.

Our Vision: Community Futures

Prosperity in Northumberland (and across Eastern Ontario) through innovation and entrepreneurship.

How do we get there?

By providing financing and strategy for entrepreneurs. We provide loans of up to $250.000 for business start up, stabilization and expansion.

Who do we work with?

Growth oriented SMEs, next generation startups and twenty-first century institutions who are creating local economic opportunities and high quality jobs.

BUSINESS FINANCING


CFP

We provide loans of up to $250,000 for qualifying startups and small and medium-sized enterprises.

Nventure

Our co-investment fund (sidecar) for technology startups and innovation-driven enterprises.

DELIA

Our fintech-driven lending platform for innovative women-led business in rural Eastern Ontario.

STRATEGIC FUNDING


RIIEO – LOCAL

Non-repayable performance-based funding transitioning SMEs in Northumberland to expand business growth and innovation.

RIIEO - REGIONAL

Non-repayable performance-based funding to accelerate SMEs on the innovation track, benefiting multiple communities within Eastern Ontario.

FedDev Ontario

A federal institution providing funding for innovation and economic growth across Southern Ontario.

STARTUP ACCELERATION


Venture13

Soft land your innovation-driven enterprise in our flexible V13 VentureZone.

N100

Compete in our biennial open invitational $250,000 technology startup competition.

Policetech Accelerator

Driving innovation and entrepreneurship to improve community safety

News


COVID-19 Resiliency Response

COVID-19 Resiliency Response

Support for Business from Northumberland CFDC Updated May 15th, 2020 Like you, we are deeply respectful of the need for physical distancing in helping to arrest the impacts of COVID19 on our nation and global communities. Thus, the team at Northumberland CFDC is now...

read more
COVID-19 Business Support Navigator

COVID-19 Business Support Navigator

These are exceptional times and everyone is working hard to ensure continuity of business wherever possible, while innovating to meet COVID-19 pandemic response challenges and opportunities.

read more

Latest Tweets

Northumberland CFDC at Venture13

click an image for better viewing

Assistance and Stimulus Fund for Francophone Businesses and Organizations in Southern Ontario