MANDATE AND MISSION

The Prescott-Russell Community Development Corporation is a support agency for local economic development in the United Counties of Prescott and Russell.  A team of professionals offers its services in the following four areas:
  1. Consulting and financial support for businesses.
  2. Support for community projects and initiatives.
  3. Support for development and access to training.
  4. Promotion of local economic development.
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.