|
BUSINESS ASSISTANCE
There are a variety of organizations that offer services to assist entrepreneurs or existing businesses.
|
Superior North CFDC supports community economic development by assisting municipalities located within its catchment area to strengthen and diversify their economies. One of the main ways this is accomplished is through assistance to local |
|
businesses with concerns regarding access to capital, business planning, and general business advice. As a community-based, non-profit organization, Superior North CFDC is run by a board of local volunteers. It is staffed by professionals who encourage entrepreneurship and the pursuit of economic opportunities.
| The Schreiber Training Centre of Excellence, or the "Centre", is a multifunctional facility that can accommodate any number of different events. The goal of the "Centre" is to bring the community closer to education and training programs as well as offering a viable facility for |
|
meetings, conferences, business opportunities and a wide variety of community events. The training centre can facilitate almost anything you can imagine. Startup businesses may be interested in the Centres office rental rates to allow young businesses to grow.
The Thunder Bay & District Entrepreneur Centre is funded through a partnership between the Province of Ontario and the City of Thunder Bay. It offers free and confidential small business counselling services to both new and existing small businesses.
Services range from providing information on various business topics to one on one consultations with a Small Business Counsellor. Other business services include:
-
Various Small Business Seminars
-
Guides and information packages specific to starting a business in Northwestern Ontario
-
Information on government programs and services and other financial programs
-
Assistance with preparing a business plan
-
Referrals to various agencies or resources
-
Programs including Summer Company and the High School Business Plan Competition
The following guides can help a new business starting out:
For more information visit their website.
Canada-Ontario Business Service Centre
This organization provides excellent access to information starting a business in key areas like financial, organizational, and marketing. It will also generate up-to-date market reports for you use in conducting research on the viability of an expansion or new business start-up.
For more information visit their website.
Canadian Youth Business Foundation
Canadian Youth Business Foundation (CYBF), is a national charity providing start-up mentoring, financing and business resources for young Canadians, age 18-34, to create their own successful businesses.
CYBF provides loans of up to $15,000 and on-line business resources that provide the foundation for new business start-ups. Additionally, it offers a mandatory mentoring program. CYBF individually qualifies, interviews and trains every volunteer mentor with a hand-matched CYBF entrepreneur for a minimum of 2 years during the critical start-up period.
For more information visit their website.
The Northern Ontario Enterprise Gateway (NOEG) was created to stimulate increased investment by Northern Ontario investors into Northern Ontario companies. This is accomplished by improving the flow of investment capital and management expertise into high-growth potential northern companies through the creation of angel investor groups. NOEG has established angel investment groups/networks in Northeastern and Northwestern Ontario.
For more information visit their website.
The Business Development Bank of Canada (BDC) is a financial institution owned by the government of Canada. It delivers financial and consulting services that complement those of private sector financial institutions. The BDC is different than regular chartered banks in that it offer both financing solutions (long term financing, venture capital, subordinate financing) and consulting services. BDC's innovative term financing features fixed or floating rates and repayment schedules up to 20 years, tailored to your working capital needs. Project-based financing and a comprehensive approach to risk assessment allows BDC to help businesses whose financial needs exceed the parameters of traditional financing.
Service Ontario's Starting a Business website provides information on starting a small business and links to resources available to small business. Some topics include: business types (ex. incorporating), business plan creation, marketing, financing options, funding programs, E-Business, and regulations.
For more information visit their website.
-
CIBC - Chartered Bank with a branch in Terrace Bay
-
-
-
Scotiabank - Chartered Bank with a branch in Marathon
-
-
If you have any other questions, please contact Dean Main, the Community Development Supervisor at (807) 825-3315, ext 230 or Sean Irwin, the Special Projects Co-ordinator at ext 231.
|
