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Government of Canada launches new funding to create jobs and boost resiliency
The Jobs and Growth Fund provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over three years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria. In southern Ontario, FedDev Ontario is investing $224 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country. Eligible applicants Businesses, including co-operatives Not-for-profit organizations…
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Tourism Relief Fund
The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to meet public health requirements while investing in products and services to facilitate their future growth. With a budget of $500 million over two years, including $50 million specifically dedicated to Indigenous tourism initiatives, this Fund will position Canada to be a destination of choice when domestic and international travel is once again safe by: empowering tourism businesses to create new or enhance existing tourism experiences and products to attract more local and domestic visitors; and helping the sector reposition itself to welcome international visitors by providing the best Canadian tourism experiences we have to offer the…
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Canada Community Revitalization Fund accepting applications
The Canada Community Revitalization Fund (CCRF) aims to help communities across Canada build and improve community infrastructure projects so they can rebound from the effects of the COVID-19 pandemic. With a national investment of $500 million over two years, the Fund will support not-for-profit organizations, municipalities and other community groups, as well as Indigenous communities to: build new community infrastructure and revitalize existing assets bring people back to public spaces safely as health measures ease create jobs and stimulate local economies In southern Ontario, FedDev Ontario is delivering CCRF funding to local organizations. APPLICATIONS ARE NOW BEING ACCEPTED. Who can apply? not-for-profit organizations or charities any municipal or regional government,…
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The RRRF at work in Huron County – April update
Canada’s COVID-19 Economic Response Plan has helped to protect millions of jobs, provide emergency support to families and keep businesses afloat as they deal with the impact of COVID-19. A central part of this is the Regional Relief and Recovery Fund (RRRF), which helps support those who may not be eligible for other programs. CFDCs across Southern Ontario are providing vital RRRF support through FedDev Ontario to local small businesses impacted by COVID-19. Community Futures Huron has been able to help 82 businesses and helped maintain 256 jobs in Huron County through the RRRF. The RRRF at work in Huron County – by the numbers Since May 2020, Community Futures…
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Business, COVID-19 Support, FedDev Ontario, Funding, Regional Relief and Recovery Fund, Women in Business
Hair By Joyce, RRRF client
We’d like to introduce Joyce Lappin, owner of Hair By Joyce located in Hensall, Ontario and one of our hard-working and friendly RRRF clients. Since 1982, Joyce has provided her clients with professional hair styling services. Her clients know what they want and appreciate the results of a skilled hair cutter. When Joyce was unable to access other COVID-19 business relief programs for her salon business, she reached out to Community Futures Huron. With financial assistance through the RRRF, Joyce was able to get the help she needed in a timely manner to re-open quickly and better serve her clientele. “We were not able to get aid from other COVID…
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CFHuron Update, COVID-19 Support, FedDev Ontario, Funding, Grants, Regional Relief and Recovery Fund
RRRF at work in Huron County
An update on the RRRF at work in Huron County – A major injection of investment capital, business services and operational funding through the Regional Relief and Recovery Fund has allowed CF Huron to respond quickly to the economic challenges posed by COVID-19. To date, over $1.5 million in COVID-relief loans have been disbursed to Huron County businesses, maintaining 75 enterprises and 242 jobs in the local economy. Additionally, $567,000 in business services funding has been committed, allowing 130 SMEs and social enterprises to access expert advice and business coaching to carry them through the pandemic. Community Futures Huron (CFHuron) is a federally supported not-for-profit Community Futures Development Corporation with…
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Small businesses can receive RRRF loans up to $60,000
Regional Relief and Recovery Fund Update Community Futures Development Corporations across southern Ontario continue to help small businesses impacted by COVID-19 that have been unable to access other federal support. Now, small businesses can receive loans up to $60,000! The Regional Relief and Recovery Fund has been expanded, and we continue to support SMEs in our community impacted by COVID-19 that have been unable to access other federal support. Apply now for more RRRF no-interest loan funding! These loans are interest free for 2 years with 25% forgivable if repaid by Dec. 2022, for the first $40,000. The $20,000 top up loan is 50% forgivable!! Deadline to apply is Thurs., Feb. 18, 2021.…
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County of Huron SLED Fund opens for 2021 applications
FROM HURON COUNTY ECONOMIC DEVELOPMENT – The County of Huron’s annual SLED (Supporting Local Economic Development) program opens on February 8, 2021, providing an opportunity for municipalities and registered non-profits to receive funding for projects which target key regional economic development priorities in COVID-19 recovery, workforce attraction, agriculture, tourism, or investment attraction. Successful projects will be provided up to $10,000 through the SLED fund and must be completed by March 31, 2022. Recipients of the SLED program funding are required to use funds in a way that has a clear and measurable economic impact, includes substantial private sector participation, and must provide financial resources and support to the project. Eligible…
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COVID-19 Support, FedDev Ontario, From Our Network, Funding, Huron County Economic Development, Huron County Tourism, WOCFDCA
5 funding programs to support YOU right now
Ontario Small Business Support Grant Starting at $10,000 for all eligible businesses, the grant provides businesses with funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Provincewide Shutdown. The business must demonstrate they experienced a revenue decline of at least 20 per cent when comparing monthly revenue in April 2019 and April 2020. This time period was selected because it reflects the impact of the public health measures in spring 2020, and as such provides a representation of the possible impact of these latest measures on small businesses. Tourism Adaptation Fund and Recovery Program The Tourism Adaptation and Recovery Program helps small…
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Applications now open for Ontario’s Small Business Support Grant
NEWS RELEASE – The Ontario government has opened applications for the new Ontario Small Business Support Grant. The grant, first announced in December, provides a minimum of $10,000 to a maximum of $20,000 to eligible small businesses who have had to restrict their operations due to the Provincewide Shutdown. The tightened restrictions were put in place to help stop the alarming rise of COVID-19 cases in Ontario. “As Ontario’s employers do their part to defeat COVID-19, they are facing unprecedented challenges as a result of this global pandemic,” said Peter Bethlenfalvy, Minister of Finance and President of the Treasury Board. “I encourage every eligible small business owner in Ontario to visit Ontario.ca/COVIDSupport to…
