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$40 MILLION INVESTED IN RURAL BUSINESSES
$40 million over the next three years for Southern Ontario’s 36 community future development corporations in three networks, which includes Eastern Ontario. The money will go toward business counselling, access to capital, and economic development and strategic planning support. “I can’t wait to see the success stories that come out of this much-needed invest- ment, and what our fantastic entrepreneurs will build and create right here in Embrun,” Tassi said. With this investment, FedDev Ontario will be able to fund more small and medium enterprises (SMEs) in southern Ontario. There are three application streams for three different kinds of funding: business scale-up and productivity, regional innovation, and community economic development and diversification. In each stream, businesses must describe the project they wish to undertake and how it will benefit the region, and demonstrate that they have the mana- gement and technical capacity to complete the project. “I must state that the dedicated and knowledgeable staff and board members of the 36 southern Ontario CDCs and asso- ciation are proud to be a part of one of Canada’s strongest, most efficient, and most valuable community futures program,” said John Candie, PRCDC executive director. “With over 1400 employees, 3000 volunteers, and once again with today’s exciting funding announcement, we will continue to make a difference in our rural communities.”
L’honorable Filomena Tassi a annoncé un investissement de 40 millions de dollars au cours des trois prochaines années. John Candie, directeur exécutif de la société de développement communautaire de Prescott-Russell, s’est joint à elle pour cette annonce. -Photo Christopher Smith
CHRISTOPHER SMITH christopher.smith@eap.on.ca
“It’s great that we’re able to make this announcement here at this amazing bre- wery, your story is really amazing,” said Tassi. “I’m so happy to join you here in this beautiful rural community here in Embrun. This community is a great example of why increasing support for rural businesses is so important.” Tassi announced an investment of almost
Development Agency for Southern Ontario (FedDev) visited the Brassiere Tuque de Broue Brewery in Embrun to announce a financial support program centered around rural economic development. Tassi was joined by deputy minster Nancy Gardiner, Eric Drouin, chairperson of the Prescott-Rus- sell Community Development Corporation (PRCDC), and MP Francis Drouin.
FedDev Ontario has received an invest- ment of $40 million, which it will use to support rural businesses across Southern and Eastern Ontario. On February 13, Filomena Tassi, minis- ter responsible for the Federal Economic
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