The main objective is to maintain and create jobs in the community. The Prescott-Russell Community Development Corporation (PRCDC), through an investment fund, offer high-risk funding to small and medium-sized businesses in the form of loans, loan guarantees and shared capital. We support and encourage all job creation and enhancement initiatives.
The objectives of the PRCDC are as follows:
- Stimulate job creation by supporting existing businesses and the development of new ones;
- Stimulate entrepreneurship in the Prescott-Russell region;
- Promote the development of employment, education and training.
The Prescott-Russell Community Development Corporation (PRCDC) is a non profit organization sponsored by FedDev Ontario
through the Community Futures Development Program. The PRCDC is managed by a volunteer board of directors representing the business, education and agricultural sectors.