A Message From Northumberland CFDC
June 26, 2020
Northumberland CFDC, our staff and Board of Directors, are working continuously with the Federal Economic Development Agency for Southern Ontario and the Government of Canada to deliver agile and responsive programming to support innovation and entrepreneurship in Northumberland and Eastern Ontario in response to the current COVID-19 pandemic challenges. We also maintain our focus on building momentum for economic reformation and revitalization. Since the emergency order issued by the Province of Ontario, we launched our Resilience Loan initiative, our direct 1:1 information-sharing Navigator project, our webinar series on digital transformation, our express relaunch of DELIA, our Northumberland.io emergency face shield production project with Venture13 community innovation partners, and most recently our RRRF – Local Stream which, in just 6 short weeks, placed $1 million on the street, investing in the remobilization of small and medium-sized businesses across Northumberland. Your Community Futures is working with you and for you as we strive to leverage every possible mechanism at our disposal to back your efforts to adapt and thrive despite all. We know these are difficult and challenging times. On behalf of Northumberland CFDC, Venture13, FedDev Ontario and all of our partners, we would like to wish all of the entrepreneurs in our community every best success in your efforts to create and sustain and grow your ventures.
Our $1 million RRRF – Local Stream is now fully subscribed, and the application period is now closed, but we are always in the process of developing new initiatives in support of our business community. Please stay tuned for further updates.
Funding through the RRRF Local CFDC Stream is now fully allocated, however applications are still being accepted under the FedDev Ontario Stream (click here for more information).
And remember that you can always apply for standard financing from the Community Futures Program for small and medium-sized businesses and social enterprise located in Northumberland. Click here for details.