Community Futures Development Corporations (CFDCs) support community economic development by assisting Ontario's rural communities to strengthen and diversify their economies. CFDCs are community-based, not-for-profit organizations that are each run by a board of local volunteers. They are staffed by professionals who encourage entrepreneurship and the pursuit of economic opportunities. With 37 offices in rural Southern Ontario and 24 in Northern Ontario, CFDCs are well positioned to offer local solutions to local needs. The Government of Canada provides funding to a total of 61 CFDCs. CFDCs offer the following services:
To learn more about Community Futures Development Corporations visit the Ontario Association of CFDCs website.
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One of the best support systems you can use to drive your business development, is to have a mentor. In fact, “I’ve discovered that most top executives have mentors,” says Faye Ego, local entrepreneur and member of The Centre For Business Mentoring Program.
The Centre For Business offers loans up to $150,000 to eligible clients who have been unsuccessful in getting a loan from traditional lending institutions.
We're a high tech business that manufactures acoustic sensors for the aerospace, defense and medical industries...The Centre gave us the support and capital we needed." – Eswar Prasad Sensor Technology Ltd., Collingwood.