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CFHuron Update, COVID-19 Support, FedDev Ontario, Funding, News, Press Release, Regional Relief and Recovery Fund, Small Business
Government of Canada provides additional Relief Funding to Community Futures Huron
Community Futures Huron News Release Nov. 23, 2020 – Today, Community Futures Huron announces that businesses in the Huron County area may be eligible to benefit from additional relief funding through the Government of Canada’s Regional Relief and Recovery Fund. The Regional Relief and Recovery Fund (RRRF) provides liquidity support to businesses and not-for-profit organizations affected by the economic impacts of COVID-19, that are unable to access other federal relief measures, or require additional support. The Fund, valued at more than $1.5 billion nationally, is delivered by Canada’s regional development agencies. In southern Ontario, $436.4 million is being delivered as follows: $367 million for direct support from FedDev Ontario for…
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Regional Relief and Recovery Fund available to help local small businesses
Community Futures Huron is a federally supported not-for-profit Community Futures Development Corporation with a volunteer Board of Directors and professional staff whose purpose is to support community economic development and small business growth through business loans. Community Futures Development Corporations across southern Ontario are here to help small businesses impacted by COVID-19 that have been unable to access other federal support. Applications are open for the new Regional Relief and Recovery Fund through Community Futures Huron. The following are the guidelines to be utilized in the review of applications for the RRRF: RRRF loans are meant to help small businesses with ongoing operating costs (rent, wages, utilities, taxes, etc.) for a 4-MONTH…
