The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic. The Fund, valued at more than $962 million nationally, is delivered by Canada’s six regional development agencies.
In southern Ontario, $252.4 million is available as follows:
- $213 million for SMEs facing financial pressure; and
- $39.4 million to provide rural businesses with access to capital and technical support, delivered by southern Ontario’s Community Futures Development Corporations.
Funding available through your local CFDC – for more information click here
EFFECTIVE MARCH 8TH the Regional Relief and Recovery Fund is fully allocated and FCFDC is no longer accepting applications for this program. If your business had been adversely impacted by COVID-19 and you require additional loan funds, we may be able to assist you with a loan at favourable rates.
Business applicants now have an overview of how to fully complete their funding application submissions in an easy-to-use video. Watch video
Starter Company Plus – Application start date is April 9th, 2021
Starter Company Plus is a program offered through Kingston Economic Development Corporation with funding from the Government of Ontario. This program is designed to provide business training for entrepreneurs aged 18 and over who are launching a business or expanding an existing business. The program provides an opportunity to pitch for a grant up to $5,000 to start or grow your business. Check out this link to find out more details on this program. https://www.kingstonecdev.com/starter-company-plus
Canada Summer Jobs Program – deadline to apply is January 29th. This is an annual program aims to help young Canadians develop the skills and gain paid work experience. This year they have introduced temporary flexibilities to respond to the needs of employers and youth in the context of the pandemic. Employers will be eligible to receive a wage subsidy reimbursement of up to 75% of the minimum hourly wage (normally 50%). Employers may offer part-time placements (normally only full-time). Employers may offer job placements between April 26, 2021 and February 26, 2022 (normally only summer months) https://www.canada.ca/en/employment-social-development/services/funding/canada-summer-jobs.html
Ontario Small Business Support Grant – helps small businesses that are required to close or significantly restrict services under the Province-wide shutdown effective December 26, 2020. Grants with funding between $10,000 to $20,000 will help cover decreased revenue expected as a result of the shutdown. Businesses must demonstrate that they experienced a revenue decline of at least 20% when comparing monthly revenue in April 2019 and April 2020. New businesses established since April 2019 are also eligible. Businesses will be able to use the support in whatever way makes most sense for them. For example, some may use the funds to pay employee wages while others may need the monies for inventory. www.ontario.ca/page/ businesses-get-help-covid-19-costs
PPE Support – The Ontario government is helping small businesses with $1,000 PPE support.
To be eligible, your business must have two to nine employees and be in one of the following sectors – retail, accommodation and food services, repair and maintenance, personal and laundry services and gyms and yoga studios. www.ontario.ca/page/ businesses-get-help-covid-19-costs#section-1
Property Tax and Energy Cost Rebates – businesses that are, or were required to shut down or significantly restrict services due to provincial health measures can apply for rebates, provided in the form of grants, to help with their fixed costs. Businesses struggling to pay their energy bills as a result of Covid-19 may be eligible to apply for a rebate. Visit
www. oeb.ca/rates-and-your-bill/covid-19-energy-assistance-programs/covid-19-energy-assistance-program-small. Municipal and property taxes rebates are also available for eligible businesses. www.ontario.ca/page/businesses-get-help-covid-19-costs#section-2
Tourism Adaptation Fund – RTO9
For tourism businesses in South Frontenac and Frontenac Islands
The COVID – 19 Tourism Adaptation Fund is for tourism-related businesses in the form of a one-time, non-repayable grant of $1,500 – $20,000 for adaptation and re-opening costs incurred between June 1, 2020 to March 31, 2021. Applicants need to have a matching cash contribution of 20%. This is a first come first serve program http://tourismtalk.ca/partnerships/partnership-funding/covid-19-tourism-adaptation-fund/
OHTO Capital Projects Funding Stream – RTO11
For tourism businesses North and Central Frontenac
Capital Projects Program is for tourism-dependent businesses and provides non-repayable funding up to 80% of eligible expenses incurred to modify operations to a maximum of $20,000. This program was created to offset costs related to one-time modifications and/or re-opening costs, implementation of health and safety protocols, and digitization measures. This funding can be applied to any eligible costs incurred between June 1, 2020 and December 31, 2021.
Applications are being accepted on an ongoing basis until Dec. 31, 2021, or until funds are depleted. Priority status will be given to eligible businesses who apply by Thursday, Jan. 31, 2021. This is a first come first serve program. http://comewander.ca/app/uploads/2021/01/TRIP-Capital-Projects-Program-FINAL.pdf
Digital Main Street – don’t let the name fool you – your business may be eligible even if you are not a main street business. The program, funded by FedDev Ontario and delivered locally by Launch Lab offers two programs – Future Proof and ShopHere. In Future Proof, post-secondary students are paired with local experts, including experienced digital marketing professionals and business specialists. These teams will help develop local and global strategies, advanced digital marketing plans, and optimize your web presence with support provided at no cost. https://www.launchlabdms.ca/digital-squad . ShopHERE provides independent small businesses and artists with a quick, easy and no-cost way to get selling online right away. https://www.launchlabdms.ca/shop-here. The Frontenac CFDC has had a number of clients participate in these programs and found them to be very helpful.
Has our relationship with food changed?
Join us for a presentation by Andreas Duess, Nourish Food Marketing, as he discusses how our relationship with food has changed – its role, how we source it, prepare it, consume it and share it. This presentation will be of particular interest to those who produce food and beverage products as Andreas discusses current trends to consider when creating your products. The presentation will be followed by a Q&A.
When: Tuesday, April 27th from 10 am – 11 am (please begin logging into Zoom at 9:50 am)
Fee: $10 (includes tax) non-refundable
Join Zoom Meeting
Phone Photography Workshop
Join us for a workshop with professional photographer Suzy Lamont on how to take spectacular pictures with your phone to use on your business’s social media platforms. Suzy will share tips and tricks to help you capture better images. The workshop will be hosted at Maple Ridge Farms in Sydenham where you will have the opportunity to practice by taking pictures of animals, flowers, spring scenery and a model. This introductory workshop is being subsidized by Frontenac Business Services and is available only to Frontenac businesses.
Tuesday, May 13th from 2:30 to 4 pm (Covid-19 restrictions and weather permitting – alternate date May 18th)
Fee $50 plus tax (introductory price! … normally $100 + tax)
Location: Maple Ridge Farm, 3098 Alton Road East, Sydenham
Limited to 10 people from Frontenac businesses.
To register visit Eventbrite at: https://www.eventbrite.ca/e/phone-photography-workshop-tickets-151126155399