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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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Minister Ng announces launch of Highly Affected Sectors Credit Availability Program
News Release – January 26, 2021 – Ottawa, Ontario Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced the launch of the Highly Affected Sectors Credit Availability Program, or HASCAP. As first outlined in the 2020 Fall Economic Statement, HASCAP will provide financial support to businesses that have been hardest hit by the pandemic. Businesses across Canada continue to feel the effects of the COVID-19 crisis. Whether they are operating at limited capacity, switching to online-only services or suspending their operations entirely, many businesses have been strongly affected. Just as these businesses have stepped up for the health and safety of their communities, our government…
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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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Massage Therapy on The Square client safety ensured with the RRRF
Does your small business need help to weather the changes and challenges brought about by the COVID-19 pandemic? The Regional Relief and Recovery Fund, an interest-free loan program offered through Community Futures Huron, can help. Lorraine Dietz RMT, owner of Massage Therapy on The Square in Bayfield, came to Community Futures Huron looking for guidance on how to best help her adjust to the challenges of safely running a massage therapy clinic during a pandemic. Her clinic offers a calm, relaxing and tranquil environment where trained Registered Massage Therapists provide therapeutic and rehabilitative massage treatments for acute, sub-acute and chronic conditions. Lorraine writes of her experience here: “My business was…
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Community Futures Huron still accepting applications for the 2nd round of RRRF
We are here to help local businesses. If your business has been impacted by COVID-19 and you’ve been unable to access other federal support, you may be eligible for the Regional Relief and Recovery Fund. We are still accepting applications for the 2nd round of RRRF interest-free business loans up to $40,000. Please apply soon so you don’t miss this opportunity for Federally-funded assistance. The Regional Relief and Recovery Fund (RRRF) 2.0 is a NEW round of the funding program offered through FedDev Ontario and Community Futures Ontario to provide financial assistance to small and medium-sized businesses impacted by the COVID-19 pandemic and who are unable to access the Government…
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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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Energy Assistance Program – Help to pay your energy bills is available
FROM CENTRAL HURON BIA, October 27, 2020 – The Government of Ontario is making funding available to support residential, small business and charitable organization customers that are struggling to pay their energy bills as a result of the COVID-19 emergency. The COVID-19 Energy Assistance Program for Small Business (CEAP-SB) provides a one time, on-bill credit to eligible small business and registered charity customers to help them catch up on their energy bills and resume regular payments. To apply for CEAP funding, customers should contact their energy provider. Electricity and natural gas utilities and unit sub-meter providers (USMPs) started accepting applications for CEAP-SB on August 31, 2020. CEAP-SB funding is limited,…
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Rural Response to COVID-19 survey
In an effort to better understand how COVID-19 has impacted the day-to-day lives of residents in both Huron and Perth Counties, the Huron County Economic Development Department is asking YOU to participate in a survey – found here: https://linktr.ee/RURAL_RESPONSE Each household in Huron and Perth Counties has also been mailed one of these surveys, in order to ensure that no voice is left unheard! This survey is being conducted in partnership with United Way Perth-Huron, the Social Research and Planning Council, and researchers from the University of Guelph.
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Canada United Small Business Relief Fund – get relief for your small business
The Canada United Small Business Relief Fund grant window opened on August 31. A limited number of grants of up to $5,000 will be awarded. The Canada United Small Business Relief Fund will be managed by the Ontario Chamber of Commerce on behalf of the national Chamber network in support of other chambers and partners to help small Canadian businesses with their recovery efforts as a result of COVID-19. If awarded, a relief grant can be used for any of the following activities: Purchasing Personal Protective Equipment (PPE) such as masks, face shields, and latex gloves. Renovating physical space to adhere to local, Provincial or Federal reopening guidelines. Developing or improving…
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The COVID Stress Challenge
We live in crazy times and given the number of stressors flying about us it’s no wonder many of us are struggling to retain a sense of equilibrium. Minister for Women and Gender Equality, Maryam Monsef, recently said, “What the pandemic has done with the self-isolation measures, with the closures of some of the support systems, is create a powder keg.” She was referring to the recent increase in domestic violence across Canada, but it’s not a stretch to imagine business relationships being strained by the stress we are all under with the current situation. And, we need to consider our employees who are working from home cloistered with their spouses, children…
