News and Events
Napanee Beer Company Receives Eastern Ontario Development Program Support
July 20, 2016-Napanee
The Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC) today announced up to $25,000 in funding for the Napanee Beer Company, through the Eastern Ontario Development Program (EODP).
This investment will result in the implementation of production and packaging equipment that will create eight jobs by the fall of 2016. This project, has leveraged $219,311 in private investment, and will assist in the establishment of a state-of-the-art production facility in Napanee. The company will be manufacturing a variety of beer products for market across the province.
The Eastern Ontario Development Program (EODP) advances economic development in rural eastern Ontario. Through EODP, FedDev Ontario is collaborating with Community Futures Development Corporations (CFDCs) in eastern Ontario to promote the growth of new and existing businesses in rural communities.
- The Napanee Beer Company is a startup craft brewery. The company’s production facility in the Town of Greater Napanee includes an on-site retail shop and offers brewery tours.
- PELA CFDC is one of the 15 Community Futures Development Corporations (CFDCs) in eastern Ontario funded by the Eastern Ontario Development Program (EODP) through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). CFDCs deliver a wide variety of programs and services to support community economic development and small business growth. They employ local staff and are each governed by a volunteer board of directors, made up of local residents representing the community.
- FedDev Ontario invests $48 million in funding through the 15 individual CFDCs located in eastern Ontario.
“ I truly believe that Rural Canada has a lot to offer to our country’s economic development. I’d like to thank the Napanee Beer Company for being a strong contributor to our own rural community here in Napanee and the wider area, and I wish them all the best of success in the future. I’d also like to thank the PELA CFDC for the continued hard work that they do for our community.” – Mike Bossio, MP Hastings-Lennox and Addington.
“PELA CFDC is pleased to support small businesses in Lennox & Addington County. Firms that invest in the creation of new products and expansion into new markets will result in new employment opportunities and greater prosperity for our community.” - Angela Miller, Board Chair of PELA CFDC.
“The EODP funding the Napanee Beer Company received was critical in the launch of the business, and allowed us to start from a strong position with the equipment we really needed to compete. Without PELA CFDC's contribution, The Napanee Beer Company wouldn't even be here!” – Geordan Saunders, Owner, Napanee Beer Company
- Eastern Ontario Development Program
Craig Desjardins, Executive Director