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mercredi, 20 juillet 2022 10:46

2022 CFEO AGM

The Community Futures Eastern Ontario (CFEO) Network held its Annual General Meeting in Calabogie on June 21-22 to highlight the contributions the Community Futures Program has made in helping Southeastern Ontario’s rural communities. The two-day event brought together over 30 decision makers and industry leaders from across the 15 Southeastern Ontario CFDC locations to network, share best practices, and learn new approaches to developing strong, economically sustainable communities.

SOFII funding was used for working capital to assist high tech manufacturer of electronic eyewear for clients with impaired functioning due to degenerative eye diseases.

jeudi, 07 juillet 2022 09:57

CFEO Peer Councils

The Community Futures Eastern Ontario (CFEO) Network Peer Councils bring CFEO member subject matter experts together to exchange information, ideas, and insights.

lundi, 04 juillet 2022 14:33

Application Process

jeudi, 31 mars 2022 16:45

Northern Rural Net

"It is our belief that this project will benefit the whole community by providing the residents and business owners in Coe Hill, ON the means to transition to a rural digital economy. " Lucas Balemba, Owner

Project Description:

This project was developed in cooperation with the local municipality to bring affordable high speed internet to their community. Access to this has been a priority for the municipality, business owners and residents for a number of years and has been identified as a barrier to growth within the region.

Northern Rural Net will develop the infrastructure to develop affordable high speed internet access and will work with private landowners and the municipality to create a hub. The project will support the costs related to the installation of a tower system from key points throughout the village and will be set up in a manner that allows for expansion in the future.

The project will allow businesses to grow and support the adoption of new technology not currently available to them. As well, it will support lone eagles working remotely, assist with the retention of youth and efforts to attract new residents to the area.

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Business Description:

Telacor is a telecommunications company with customers across Canada and the USA. Northern Rural Net (a subsidiary of Telacor) provides affordable high-speed internet and phone services to residential and commercial customers.  Both have worked extensively with rural and / or isolated communities to provide internet in communities such as Whitney, Hearst, Deep River and Madawaska.

https://www.northernrural.net/

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jeudi, 31 mars 2022 16:37

Wolfe Island Marine

Wolfe Island Marine (Lacelle Corporate Group)

Wolfe Island

 This family-owned business was established in 2011 and provides a variety of marine construction services including: shoreline development, boat house construction and restoration, dock fabrication, and shoreline access solutions. Jason Lacelle, the owner and CEO comes from a long line of certified tradesmen. Wolfe Island Marine has a reputation of quality work and mainly operates throughout the 1000 Islands and Kingston area. 
 

Frontenac Business Services began working with Jason just shortly after he opened in 2011. We’ve been able to support in various ways including financing, which helped with initial start-up expenses and in providing additional loans and grants to help with expansions. We were also able to help him obtain some media coverage which brought in new work so that he could employ more people. Wolfe island marine is currently expanding and hiring welder/fabricators, carpenters, commercial vessel/equipment operators, and office administration.

 
 
 

Today

Jason is very appreciative of the help and guidance we’ve been able to provide and he is happy with the rate of growth his business has experienced. An example of one of the ways they have grown is that they have developed their own engineered products and become authorized dealers for several products, allowing them to offer quality products and accessories to their customers. 

jeudi, 31 mars 2022 16:27

Renew Medispa Success Story

Renew Medispa Success Story

Renew Medi Spa Story 7

Roxanne McDonald Brown always had dreams of being an entrepreneur from a young age and would daydream about her own business one day. Roxanne is a Registered Practical Nurse; while working at Peterborough Regional Health Centre, she graduated from Fleming College with specialized certificates in Advanced Foot Care Certificate and has a Medical Aesthetic Practitioner Certificate. She quickly realized few jobs were available in her field in this area.

Roxanne participated in the first round of Starter Company Plus with Peterborough Economic Development. She learned of Community Futures Peterborough in this program and applied for a loan. Roxanne said, “Receiving funding for a small business can be a very difficult challenge to overcome. Community Futures, unlike traditional banks, look at the whole business profile and proposed models to help their entrepreneurs.”

Our relationship together has assisted Roxanne and Renew Medispa in many ways! ”I was able to receive funding to attend an amazing learning opportunity in Beverly Hills with a top physician in my field. This allowed me to increase my knowledge and skills to Peterborough & the Kawarthas. Most recently, I received funding to help me grow my business at a new location. This awarded me the opportunity to hire three new staff and expand the services we offer. I am also taking part in a course with Community Futures about scaling an ever-growing business.”

With the guidance and assistance of Community Futures Peterborough, Renew Medispa is on track to continue to grow despite the pandemic and bring the best cosmetic medical treatments to Peterborough & the Kawarthas.

jeudi, 31 mars 2022 16:12

Old Mill Alpacas

Old Mill Alpacas

Old Mill Alpacasis an agri-tourism business located just outside of Colborne, along Northumberland’s beautiful lakeshore driving route. Like many farm-based ventures in 2021, Old Mill Alpacas was struggling to maintain operations as the pandemic wore on. Business owner Amy Kung-Oliver had applied to many of the government emergency COVID-19 grant and loan programs, but all of her applications were declined. Faced with a potentially devastating decision to close down the farm, with the fate of her animals hanging in the balance, she sought the help of local municipal counsellors, the MP’s office, and finally, one of her regular customers (a staff member at Northumberland CFDC who is great devotee of alpaca wool socks). Working with Kim Botrie, Loan Manager at NCFDC, this quickly led to a flexible financing solution that would stabilize Old Mill Alpacas and put the business back on course. Now, Kung-Oliver welcomes visitors and customers back to the farm where they safely access a beautiful boutique, tour the farmyard and learn more about Old Mill’s wool products and exceptional artisanship.

“My stress levels dropped as soon as I started working with Northumberland CFDC,” Amy said. “They are dedicated to local businesses. They came through for us at an extraordinary time of uncertainty. I would die if something happened to the farm and the animals that mean so much to us.”

Alpaca owner Amy

Amy Kung-Oliver, Owner

Old Mill Alpacas

With the support of NCFDC, Amy returned to caring for her beloved animals, providing value to her customers and expanding the farm business as a wonderful destination for agri-tourism in Northumberland—as well as a local source of comfortably dry, anti-bacterial and long-lasting wool socks.

Amy had this to say: “I’m so thankful Northumberland CFDC reached out to me, I would have closed and the fate of my eighty-six alpacas would have been dire. Because of the financing I received, my business is not just going but thriving! I don’t have to worry about how I will feed the animals, I have merchandise in the store, the alpaca wool is being milled, and all maintenance has been done to face the winter. I have myself and two staff working and I’m taking bookings late into the fall. I’m so thankful.”

Northumberland CFDC is committed to assisting businesses and organizations to mitigate financial pressures caused by the pandemic. To help keep more people employed, and to sustain more employers for recovery. Together, we have worked to weather the economic impacts of COVID-19 and keep more people employed. For businesses located in Northumberland and Alderville First Nation,click hereto apply today for flexible financing solutions offered through the Community Futures Program.

jeudi, 31 mars 2022 15:53

Mommy Mops

Mommy Mops

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Mommy Mops has rolled with the pandemic punches, persevered, and successfully expanded with two new branches within the last two years.

Founded by Stephanie Rayton in 2018, Mommy Mops started out as a membership-based home cleaning service with clients paying a flat rate for cleaning on a consistent basis.

Mommy Mops offers judgement-free service and is reducing employment barriers in the community by hiring people who may not be able to work during a traditional timeframe, especially moms!

The company is on a mission to help people embrace the concept of home cleaning differently, offering personalized home management teams to help you maintain your beautiful spaces. Rayton is building a culture of empowerment, wanting more women to feel comfortable in their homes, in their skin and in their communities.

Challenges & Successes

Once the pandemic hit, Mommy Mops was faced with many COVID related challenges. Many moms were unable to work while schools were closed and restrictions were put in place on the types of homes they could clean that fit a certain criteria.

In a direct response to COVID challenges, Rayton launched Major Mops and started cleaning businesses and public spaces. She also entered the vacation cleaning property market and launched Suite Services in 2021.

Mommy Mops has since incorporated into Mopsinc Ltd with three divisions.

“The resilience that we have developed in the past few years of business will be something that can carry us forward for years to come,” says Rayton. “We have had to face COVID related closures which resulted in financial stress, staffing shortages, and the fear in the unknown. Projections were put on hold, and we looked at business operations from a day-to-day perspective.”

Community Impact

Rayton is happy to announce that Mopsinc Ltd is a certified Ontario Living Wage Employer.

“When I wrote our first business plan, one of the objectives was to be able to pay our team a living wage,” she says. “We worked hard to reach this goal and are pleased to be able to offer a starting wage of $18 an hour.”

Rayton also made the decision to reinvest in the business this year by hiring on a leadership team.

“With the staffing challenges that are present, we believe that supporting team members is crucial. We have a vibrant office space, wonderful team, and a desire to share our passion which is cleaning,” she says. “We have full time, part time, and seasonal opportunities within our company.”

The Bay of Quinte (BOQ) is a strong community and Rayton says she feels lucky to call this area home.

“We are surrounded by people who support our vision and connect us to opportunities and resources to support our growth goals. I am inspired by many individuals in this region and look forward to giving back,” she says.

The BOQ region is also a destination location and Mopsinc Ltd takes pride in being a part of that experience. Rayton says she looks forward to working with resorts and property owners to create clean and sanitized spaces for their guests and will continue down this path with interest in hotel housekeeping opportunities. 

Trenval experience

When Rayton first arrived at Trenval she had a good business model but says she identified as an ostrich when it came to her finances.

“I was connected with Eileen, a loans officer who set windows of time aside for me to ask the questions and worked with me to piece everything together,” says Rayton. “Her support and patience allowed me a space to gain confidence.” 

Rayton says she felt ready when meeting with the Trenval investment committee for the first time. She knew her numbers, the committee supported her vision, and she was able to answer any questions they had.

“The comfort I felt at that meeting was a direct reflection of the kindness and encouragement shown to me by the committee. The questions were tough but relevant. I am proud to be a client of Trenval and would encourage anyone who knows it’s time to grow to call and book an appointment,” she says.  

Working with Trenval, Rayton says she was happy to be treated as the person behind the business.

“I felt supported and that there was a group of people who were willing to give us a chance,” says Rayton. “They were not just investing in an idea, but in me as a business owner. The staff are always excited to hear how we are doing. I call all the time to ask questions about a new direction of business we are going in and I am provided information and connections to the resources needed to get me to the next level.”

For more information, visit mommymops.com.

About Trenval

Trenval Business Development Corporation is Bay of Quinte’s Community Futures Business Specialist, financing business start-ups, expansions or successions in the Quinte region for 34 years.

Do you have a business plan that you would like to bring to fruition? Contact Trenval at 613-961-7999. 

vendredi, 25 mars 2022 11:07

Dahlia May Flower Farm Success Story

Dahlia May Flower Farm has continued to bloom and evolve over the past seven years thanks to the vision and hard work of owner Melanie Harrington, who continues to make her dreams a reality.

Rain or shine, Harrington has persevered since she launched her business in 2014, combining 10 years of experience in floral design, a background and education in horticulture and her childhood experience of being raised on a farm.

“I hoped to carve out a niche in growing flowers right here in the Bay of Quinte and partnering with other growers to offer only Ontario grown flowers through my business,” says Harrington, who sustainably grows specialty cut flowers and offers beautiful and seasonal floral design services for all occasions.

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Challenges & Successes

“What challenges haven’t we faced may be an easier question to answer,” says Harrington, who has faced countless weather-related challenges, a lack of infrastructure to grow and zoning issues.

A lack of access to capital as a small business and niche farm meant years of struggling with cash flow, Harrington recalls.

“Our lack of infrastructure limited our growth and work-life balance was impossible as we ran a busy farm out of our own home,” she says. “We spent seven years washing buckets at our kitchen sink, splitting dahlia tubers in our farmhouse basement and using the dining room table as an office.”

As a business steeped in agrotourism, when the pandemic hit in spring 2020 Harrington had to make a sharp pivot. She moved her offerings online and started a delivery service when customers were no longer able to connect with the farm in person.

Through her hard work and perseverance, Harrington’s dreams of expansion are finally becoming reality as Dahlia May Flower Farm is in the process of building a new facility, thanks to the federal government’s Community Futures Program initiative and Trenval.

“Trenval, in partnership with BDC (Business Development Bank of Canada), offered us the opportunity to break ground on a building that will house and grow our business for the foreseeable future,” says Harrington. “We anticipate that this new building will increase our profitability by streamlining systems, while allowing us to create new jobs as we expand several of our product lines.”

Over the last seven years, Dahlia May Flower Farm has become an economic driver for agrotourism. Visitors come to the Bay of Quinte region throughout the year to visit the flower farm and Harrington has amassed an incredible social media following of more than 90,000 followers on Instagram.

“We’ve created consumer demand for locally grown and Ontario Grown flowers, driving the expansion of our farm and our offerings,” says Harrington.

Once the new production facility is up and running, Harrington plans to build a new retail store at the farm and hopes to expand her online shipping services outside of Canada to include the United States in coming years.

Community

Being located in the heart of Bay of Quinte allows the opportunity to develop community in a way that would be lost in a larger city centre, says Harrington.

“Our customers have become our friends and their support is what sees us through the difficult times,” she says. “Our community has gotten to know us in a way that’s possible only in small towns. They are always cheering for us and are always here to help us win.”

Dahlia May Flower farm now provides 20 jobs in the Quinte area as they lead the way in agrotourism.

“We love being able to grow and offer something special right here in our own small town,” says Harrington.

For more information on Dahlia May Flower Farm, visit dahliamayflowerfarm.com, call 613-403-5055, visit the farm stand at 1226 Stockdale Rd. Trenton and follow Dahlia May Flower Farm on Facebook, Instagram and Pinterest.

Trenval experience

“The entire Trenval team has been wonderful to work with. Because they are all members of this community, they know our business and our work, and it feels like they are all invested in helping us succeed. The Trenval team has been an incredible resource as we work to grow our business. Having access to the Trenval team’s knowledge and resources as we work through our business growth has been a strong asset for our farm,” says Harrington.

About Trenval

Trenval Business Development Corporation is Bay of Quinte’s Community Futures Business Specialist, financing business start-ups, expansions or successions in the Quinte region for 34 years. Trenval provides small business support by offering various small business loans to entrepreneurs to start, grow and thrive their business in our local communities.

Do you have a business plan that you would like to bring to fruition? Contact Trenval at 613-961-7999.

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