logo
shadow

News

A  A  A

New FEDERAL program for SME's

Climate Action Incentive Fund: Small- and Medium-sized Enterprises Project stream

The Climate Action Incentive Fund (CAIF) SME Project stream provides support to small- and medium-sized enterprises (SMEs) for retrofit projects in sectors such as Building, Transportation, Industry, Waste, Agriculture, and more.
The CAIF program is available to applicants operating in the provinces of Saskatchewan, Manitoba, Ontario, and New Brunswick.
[+]



2019 DANIEL GIGAULT OPEN
shadow
A  A  A

2019 DANIEL GIGAULT OPEN

PRESS RELEASE

For Immediate Release

Daniel Gigault Open Golf Tournament: Fondation franco-ontarienne and AFMO Team Up with PRCDC on August 16!

OTTAWA, June 19, 2019 – Prescott-Russell Community Development Corporation’s annual Daniel Gigault Open golf tournament turns 30 this year and many return golfers always enjoy practicing their favorite sport for a good cause. Something new, this year: the Daniel Gigault Open Golf Tournament will be teaming up with two well-known franco-ontarian organizations, the Fondation franco-ontarienne and the Association française des municipalités de l’Ontario.

This tournament, which can host between 125 and 150 players, is scheduled for August 16, 2019 at the Casselview golf course in Casselman and will be raising money in order to create a bursary for young entrepreneurs, has announced the PRCDC. Its Chairerson, Mr. Eric Drouin, stated: “Being an entrepreneur today requires certain sacrifices and a lot of will. However, the vast majority of entrepreneurs will say it is worth it. As the PRCDC Chairperson and on behalf of its members of the Board of Directors, we are proud to partner with the FFO and AFMO to help entrepreneurial succession by creating this FIRST endowment fund that will encourage one or many future young entrepreneurs to continue their studies in a francophone college of their choice.”

The Fondation franco-ontarienne, established in 1986, seized the opportunity to become associated with such a popular event. “With 30 years under its belt, it is clear that this tournament has proven itself”, notes Fondation Board President Danny Purcell. “We thought that this partnership is a very good way to be even better known in Eastern Ontario and that the creation of this bursary for young entrepreneurs precisely addresses our main mandate, which is to encourage post-secondary studies in French.”

As for Association française des municipalités de l’Ontario President Roger Sigouin, he too sees the positive in this project. “AFMO is well established in Northern communities. Those in the East know us too, but in our role as a major economic player in municipal development, we wish to meet as many stakeholders as we can in order to outline our projects, namely that of creating a Projects Officer who will travel throughout the province in order to establish ties with municipal managers, the business community as well as community stakeholders. We want to initiate projects which will be benefit all players and I think that our collaboration with this very popular tournament will increase our visibility as well as managers’ and organizations’ willingness to work with us!”

The 2019 Daniel Gigault Open Golf Tournament will start early so as to wrap up mid­afternoon; format will be Shotgun. Players – they are asked to make up their own foursome – may already register on-line thanks to the following link:
https://www.greenvelope.com/event/omniumdanielgigaultopen/rsvp.
See you on August 16th. Come out in droves... with your lucky clubs!
– 30 –

Supported by FedDev (Ontario) through the Community Futures Development program, the Prescott-Russell Community Development Corporation is part of the 266 Community Futures Development Corporations in Canada. Led by a Board of Directors, the PRCDC provides financing and contributions to SMEs and stimulates economic growth through job creation.

Created by the Association canadienne-française de l’Ontario, the Fondation franco-ontarienne has been working for many years to increase revenue streams and funding for the francophone community in Ontario. For more than 30 years, the Fondation has been financially contributing to the success of initiatives aimed at reinforcing the vitality of the Franco-Ontarian community.
 
The Association française des municipalités de l’Ontario, created in 1989, represents many francophone and francophile centres and rural areas, province-wide, as well as 20-plus affiliate members (school boards, mouvement Desjardins, Société économique de l’Ontario, Conseil de la coopération de l’Ontario, Hôpital Montfort, only to name a few). It handles and is an advocate of many municipal and governance issues and it positions itself in francophone matters.


 


Business Scale-up and Productivity
shadow
A  A  A

Business Scale-up and Productivity

Funding for no-interest, repayable contributions from $500,000 up to $10 million per project is available to:

  • Assist high-growth firms to scale up and expand.
  • Support technology demonstration and the commercialization of new technologies.
  • Encourage the early adoption or adaptation of leading-edge technologies and processes to improve productivity.
  • Increase businesses’ capacity to grow through market diversification and entry into global markets.
  • Foster innovation, technology adoption and digital connectivity in rural areas.
Click HERE for more information or contact us.


Regional Innovation Ecosystem
shadow
A  A  A

Regional Innovation Ecosystem

Funding for non-repayable contributions from $500,000 up to $10 million per project is available to:

  • Grow and sustain strategic clusters and consortia that support businesses to scale up and commercialize innovative products, technologies and services.
  • Enhance the development and reach of business incubators, accelerators, and other organizations, which support entrepreneursstart-ups and innovative companies with high-growth potential.
  • Support projects led by innovation-oriented organizations to increase and promote business productivity and global competiveness, and investment and talent attraction.
  • Leverage local advantagesinstitutions and infrastructure in rural areas.
Click HERE for more information or contact us


Community Economic Development and Diversification
shadow
A  A  A

Community Economic Development and Diversification

Funding for non-repayable contributions from $250,000 up to $5 million per project for not-for-profit organizations amd no interest, repayable contributions from $250,000 up to $5 million per project for incorporated businesses, including Indigenous businesses is available to:

  • Enhance business attraction, investment, retention and employment opportunities in southern Ontario communities.
  • Develop and expand collaborative efforts that strengthen regional competitiveness.
  • Support regional businesses, hubs and communities with the goal of economic diversification, integration and transformation
Click HERE for more information or contact us.


Prescott-Russell Economic Development Strategy 2019-2024
shadow
A  A  A

Prescott-Russell Economic Development Strategy 2019-2024

From ACTION to CHANGE

Prescott-Russell Economic Development Strategy
2019-2024
 
After several months of consultation, it is with great pleasure that we present to you the 2019-2024 regional economic development strategy for Prescott-Russell. The orientations, objectives and key actions presented come from several days of consultation with sectoral and community stakeholders. This plan will serve as a compass to guide actions related to economic development and business development in the Prescott-Russell region over the next five years. How do you visualize the region after these five years?
 
Because of the speed at which the world is changing, the speed at which technology is changing, the economy is changing, it is very difficult to imagine the programs and services offered, our quality of life, our environment or our level of life in a few years ... So, should we wait for events to happen or try to provoke them and make them evolve as we wish?
 
Today, we are all (communities and entrepreneurs) facing substantially the same issues, namely the shortage of skilled labor, globalization, new technologies, access to capital, infrastructure, high-speed Internet and more. But it is essential to say that those who will succeed will be those who succeed in organizing, consulting, structuring and more particularly evolving and innovating.
 
The PRCDC and its partners must now be able to align communities, organizations, businesses and entrepreneurs with future regional challenges. By doing so, we will come together to create a sustainable economy and an economically vibrant and prosperous region.
 
John Candie
Executive Director
 


Rural Eastern Ontario Innovation Initiative (RII)
shadow
A  A  A

Rural Eastern Ontario Innovation Initiative (RII)

The Prescott-Russell Community Development Corporation with the support of FedDev Ontario through the Rural Eastern Ontario Innovation Initiative is looking for innovative projects from small business and organizations located in Prescott-Russell that will help:
 
  • Increase the number of high-growth firms.
  • Strengthen key clusters and build on areas of regional innovation strength.
  • Increase the commercialization of new and innovative technologies, products or processes.
  • Increase business investments in the adoption/adaptation of leading-edge technologies.
  • Create and maintain highly skilled jobs.
  • Increase the value of exports.
  • Promote inclusive growth and participation of traditionally underrepresented groups such as women, Indigenous and young entrepreneurs.
  • Strengthen opportunities and networks to drive growth, and support the attraction and retention of businesses and talent to the Prescott-Russell region.
So, you think you have a project that supports these outcomes?

For more information

 


WE'RE HIRING
shadow
A  A  A

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


1 BILLION DOLLARS FOR SOUTHERN ONTARIO
shadow
A  A  A

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)

 


WOMEN ENTREPRENEURSHIP FUND
shadow
A  A  A

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.


2017-2018 Annual Report
shadow
A  A  A

2017-2018 Annual Report

The Prescott-Russell Community Development Corporation is very proud to present to you its 2017-2018 Annual Report

Please click on this LINK 


PRESS RELEASE
shadow
A  A  A

PRESS RELEASE

SERVING THE PRECOTT-RUSSELL COMMUNITIES AND BUSINESSES FOR OVER 33 YEARS, THE PRESCOTT-RUSSELL COMMUNITY DEVELOPMENT CORPORATION CONTINUES TO CONTRIBUTE TOWARDS A SUSTAINABLE AND PROSPER BUSINESS ENVIRONMENT AND THE ENRICHMENT OF THE COMMUNITIES OF PRESCOTT- RUSSELL…

 
PRESCOTT-RUSSELL (Ontario), September 25th 2018 — The Prescott-Russell Community Development Corporation (PRCDC) announces the election of Mr. Eric Drouin as Chairperson of the Board of Directors of the PRCDC for 2018-2019.
 
During its Annual General Meeting held September 25th in Hawkesbury, Ontario, Mr. Eric Drouin
(Chairperson) highlighted the accomplishments of all divisions of the PRCDC over the past year.
 
Of the major accomplishments for 2017-2018, we note that the PRCDC provided 450 000$ dollars in conditional contributions through the Eastern Ontario Development Program in the Prescott-Russell region.  Furthermore, the PRCDC invested over $1,890,000 from its Investment Fund in various businesses in order to help create and maintain 308 direct jobs in Prescott-Russell.  The francophone EDISO program invested $378 000 in francophone SME’s and managed to create and maintain 99 jobs in Southern Ontario.  These investments made by the PRCDC, managed to leverage over 6.8 million dollars in additional funds.
 
“As a REGIONAL economic development organization, supported by the Government of Canada, the PRCDC will continue, just like in the past, to make fair, careful and enlightened interventions and investments for the betterment of our communities and businesses in the Prescott-Russell region as well as for the entrepreneurs of Southern Ontario” states Mr. Eric Drouin, (chairperson) of the PRCDC.
 
During the Annual General Meeting, Mr. Bruce Smith was re-elected as Vice-Chair and Ms. Christine Bonneau O’Neil was re-elected as Secretary/Treasurer of the Prescott-Russell Community Development Corporation.
The Government of Canada’s Community Futures (CF) Program supports 61 Community Futures Development Corporations (CFDCs) in Ontario— FedDev Ontario serves 37 in rural eastern and southern Ontario. The remaining 24 CFDCs located in the north are served by FedNor.
CFDCs offer a wide variety of programs and services supporting regional community economic development and small business growth.  In particular, they provide:
  • Strategic community planning and socio-economic development;
  • Support for community-based projects;
  • Business information and planning services; and
  • Access to capital for small- and medium-sized businesses and social enterprises.
These community-based, not-for-profit organizations are staffed by professionals and are each governed by local volunteer boards of directors' familiar with their communities' needs, concerns and future development priorities.
-30-
 
For more information: www.sdcpr-prcdc.ca
John Candie, jcandie@sdcpr-prcdc.ca                                                                                                          
Executive Director, PRCDC
1-613-632-0918 – Toll Free 1-877-632-0918