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1 BILLION DOLLARS FOR SOUTHERN ONTARIO
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1 BILLION DOLLARS FOR SOUTHERN ONTARIO

Rural areas in southern Ontario will receive $1 billion over six years, and an additional $15 million will go to eastern Ontario for the Federal Economic Development Agency (FedDev Ontario) in order to continue to foster economic growth.

The Honorable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario announced Wednesday, February 28th 2019.  He was accompanied by the Honorable Bernadette Jordan, Minister of Rural Economic Development and Francis Drouin, Member of Parliament for Glengarry-Prescott-Russell.

 "All communities in southern Ontario from Prescott-Russell to Bruce Township, to Welland and Windsor will benefit" said MP Drouin at a news conference with mayors of Glengarry-Prescott-Russell and several prominent figures from Eastern Ontario.

It is no coincidence that this annoucement took place at Battleshield Industries Ltd., in the Vars Industrial Park, "as it is a perfect example of a small, growing, successful business." said Minister Bains.

The 15 Community Futures Programs (CFDCs) in Eastern Ontario will also receive $15 million over two years, or $1 million each over two years.  "The goal is to grow small businesses to hire more and keep people in their communities." said Minister Bains.  "We want to give them the financial tools they need."

Minister Bains has also launched a mobilization process, inviting stakeholders in the region to provide input that will help focus new investments and maximize their impact in southern Ontario.  "With this new funding, FedDev Ontario will continue to grow innovative businesses, strenghthen innovation networks and drive economic growth in their communities, now and in the future." he pursued.

It was also announced that FedDev Ontario will devote an initial $100 million to projects that stimulate innovation and growth in rural communities.  FedDev Ontario administers its new funding under three components: Scaling and Business Productivity, Regional Innovation Ecosystem and Economic Development and Community Diversification.

"FedDev Ontario's $100 million three-year funding will create more opportunities to drive growth, support businessses and attract talent to rural and smaller areas in southern Ontario, which will strenghten communities and improve the quality of life." said Rural Economic Development Minister, Bernadette Jordan.  She will oversee the development strategy to encourage economic growth and create jobs in rural Canada.


FedDev Ontario will meet the representatives from business, industry and academic areas.  Aboriginal communities, and organizations in urban and rural communities in southern Ontario.

(Article Édition André Paquette - 28 février 2019 - translated)

 


WE'RE HIRING
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WE'RE HIRING

BUSINESS DEVELOPMENT OFFICER - HAWKESBURY, ONTARIO  

We are looking for a professional Business Development Officer who has business loan portfolio management experience, is skilled in business counselling and relationship building, and enjoys marketing products and services in a performance-based environment. Reporting to the Executive Director, the Business Development Officer is responsible for developing, promoting, maintaining and delivering the business loan, business grant, and business advice services of Prescott-Russell CFDC. As part of a collaborative team, the Business Loans Officer will contribute to the effectiveness of the organization, positive staff morale and a high-performance teamwork environment.

Click on this LINK for responsibilities, qualifications and how to apply


WOMEN ENTREPRENEURSHIP FUND
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WOMEN ENTREPRENEURSHIP FUND

VERY IMPORTANT MESSAGE FROM THE HONOURABLE MARY NG, P.C., M.P.

Dear Sir / Madam:
 
I would like to share with you the launch of Canada’s first ever Women’s Entrepreneurship Strategy. This Strategy is part of the Government of Canada’s commitment to helping companies start up, scale-up, and access new markets.  
 
As part of the Women’s Entrepreneurship Strategy two new funds have been launched, which mark our commitment to women led businesses across Canada and to the organizations that support them. I encourage you to learn more about the WES Ecosystem Fund (deadline to submit an application is November 22, 2018) and Women Entrepreneurship Fund (deadline to submit an application is November 15, 2018) and to share the application information with organizations and women who may benefit from them. 
 
Please accept my best wishes.

The Honourable Mary Ng, P.C., M.P.