Jul 15, 2019

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Harper Government Invests in Regional Diversification in Picton

Harper Government Invests in Regional Diversification in Picton

The Harper Government is providing a $5 million contribution to the Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC) for a pilot project to establish a $10 million early-stage venture capital fund. The federal contribution is also leveraging $5 million from First Stone Venture Partners through a partnership agreement to establish the first rural-based venture capital fund.

View the full press release from the Government of Canada

“Dealing with the EODP was incredibly easy and the process required minimal time.  Staff was very helpful." - Howard Mahon, Wilton Tack
“Without PELA CFDC's support we would not have had the ability to take those much needed first big steps. You believed in us at a time when few did.” - Quincy Emmons, Fire X Protection
“We recommend the EODP funding to any business that believes in continuous improvement and development, and who is looking to fast forward business growth.” - Angela Lees, Calderwood Automation
"The connections I made and support system that was available during and after the program really helped. - Renia Tyminski, Hallowell Gardens Centre
"The in class portion of the Ontario Self Employment Benefit Program was the most beneficial for me... I was given the resources and one-on-one guidance I needed to map out a successful plan. - Rob Fenwick, Former SEB Client