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 Funding available through your local CFDC

In order to provide targeted assistance to the small towns and communities they serve, CFDCs will focus on assisting “main street” businesses, such as retail shops, restaurants, corner stores, and businesses of strategic importance to their communities.

  • Maximum assistance will be $40,000
  • 0% interest and no principal payments until December 31, 2022
  • Principal repayments can be voluntarily made at any time
  • If the client is unable to repay the loan by December 31, 2022, the loan will be converted to a three-year term loan with interest rates up to 5%, effective January 1, 2023. 
  • The full balance must be repaid no later than December 31, 2025
  • 25% (not to exceed $10,000) of loan can be forgiven provided the client has paid 75% of the original loan amount prior to December 31, 2022 & has not already received grant through CEBA
For more information go to our full article here

CFDC Partners with Kijjicho Manito Madaouskarini Algonquin First Nation to deliver new program.

Bancroft, ON—MP Bossio announced funding of  $266,250 for Community Futures Development Corporation (CFDC) of North & Central Hastings and South Algonquin to collaborate with the Kijijcho Manito Madaouskarini Algonquin First Nation to provide customized training to Indigenous women entrepreneurs residing in the community. The Kijjicho Manito Madaouskarini will host training sessions from their centre to help women start and scale-up their businesses and leverage resources such as training material from the CFDC.

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Wednesday, February 05, 2020 RIIEO Recipients

"By utilizing thermal technology, this project will enable my business to detect and analyze moisture damage in a less invasive process and provide my clients with the data needed to make informed decisions.I am excited to offer this new service that will set my business apart from others." Laura Reavie, President

Tuesday, October 01, 2019 RIIEO Recipients

2308073 Ontario Inc. o/a Coloured Aggregates was approved on October 1, 2019, for project funding in the amount up to $100,000 under the R.I.I.E.O. project

"This expansion project will enable the business to develop a new processing line utilizing some of the newest technologies. The continued investment and phased-in expansion of the Marmora Plant has resulted in exceptional growth and the creation of fulltime jobs."  Jeff Oravecz, President

Wednesday, September 11, 2019 RIIEO Recipients

WordBird Media was approved on September 11, 2019, for project funding in the amount up to $3,250 under the R.I.I.E.O. project

"This project will enable our business to develop a new mobile video editing suite. This technology will streamline the video production component of our business and allow us to grow outside of our existing service area. We are always looking for ways to innovate and this investment will allow us to continue moving forward. "  Michelle Tremblay, Owner 

Friday, August 16, 2019 RIIEO Recipients

Beacon Construction (Ontario) Ltd. was approved on August 16, 2019, for project funding in the amount up to $13,920 under the R.I.I.E.O. project

"This project is a crucial piece of the puzzle to Beacon's growth in the construction industry. Beacon constantly raises the standard for quality construction in the area, and we want to continue that into our internal processes. This new system will create some necessary efficiencies allowing our business to grow "  Jeremy White, President 

Thursday, July 18, 2019 RIIEO Recipients

Murray Bros. Lumber Company Ltd. was approved on July 18, 2019, for project funding in the amount up to $18,195 under the R.I.I.E.O. project

"Murray Bros. Lumber Ltd. is always looking to the future and are we are excited about utilizing new technology to allow us to build our export sales" Ted Murray, Vice President

Thursday, July 18, 2019 RIIEO Recipients

2631992 Ontario Ltd. o/a Village Net was approved on July 18, 2019, for project funding in the amount up to $81,165 under the R.I.I.E.O. project

"This expansion project will help VIllage Net continue to build a relationship with the community, businesses, organizations, and residents. We aim to create an infrastructure that attracts & promotes growth and allows for advanced opportunities within the Municipality of Tweed and outward" Chris Rashotte, President 

Thursday, July 18, 2019 RIIEO Recipients

O'Hara Sugar Maples was approved on July 18, 2019, for project funding in the amount up to $6,000 under the R.I.I.E.O. project

"O'Hara Sugar Maples is ready to commercialize two new products  and we are excited about bringing in new technology to streamline production and allow us to grow" Stephen Needham, Owner

Thursday, July 18, 2019 RIIEO Recipients

Robinson's Air Filter Exchange Inc. o/a Robinson's Air FIlter Solutions was approved on July 18, 2019, for project funding in the amount up to $33,614 under the R.I.I.E.O. project

"These custom software systems will redefine our internal workflow and routing system. The software will reduce obstacles  and inefficiencies in our processes and provide a stable, innovative and efficient platform that will scale as Robinson's Air FIlter Solutions grows." Lloyd Robinson, President

Friday, June 07, 2019 RIIEO Recipients

Universal Seal Inc. was approved on June 7, 2019, for project funding in the amount up to $45,475 & an additional $31,250 on June 28, 2019, under the R.I.I.E.O. project

"Universal Seal Inc. is always looking at innovative ways to do business. We are excited about bringing in this new technology to streamline production and allow us to grow" Blaine Shannick, Manager 

Thursday, May 30, 2019 RIIEO Recipients

The Barn Chefs was approved on May 30, 2019, for project funding in the amount up to $27,500 under the R.I.I.E.O. project

"After four years in business, we are now outgrowing our space. Taking on this project will allow us to increase our line of baked goods and speed up production time of preserves through the adoption of a state of the art Kitchen Self Cooking Centre" Sarah Woods, Owner 

Thursday, May 30, 2019 RIIEO Recipients

Greenview Environmental Management Limited was approved on May 30, 2019, for project funding in the amount up to $17,000 under the R.I.I.E.O. project

"In order to remain competitive in our eastern Ontario market, we must continue to grow and adapt to the changes and improvements in technology and innovation, and embrace opportunities to set our company apart from the larger consulting firms as our engineering niche" Tyler Peters, President 

Wednesday, June 26, 2019 Success Stories

CFDC HIGHLIGHTS 2018-2019 ACHIEVEMENTS AND CELEBRATES 30 YEARS OF SUCCESS

Tweed, ON—The Community Futures Development Corporation of North & Central Hastings and South Algonquin held its Annual General Meeting on June 19, 2019, at Potter Settlement Artisan Winery in Tweed. The corporation was pleased to highlight another successful year and is excited to be celebrating 30 years providing programs and services to support enterprise, community-based development and employment in our region.

“At Community Futures we have had the pleasure of encouraging, developing and nurturing entrepreneurs by providing support and funding for the past 30 years. As an organization, we will continue to adapt and innovate in order to meet the needs of business and our communities today, and for the next 30 years,”said Mr. Etmanski, Chair of the Board of Directors.

“I congratulate the CFDC of North and Central Hastings and South Algonquin on 30 years of service to our small businesses and our community. The work that you have done is vital to ensuring the sustainability of our rural community by supporting jobs, which attract and retain people to our community. Your success is our community’s success, and I am proud of our government for dedicating $100 million in funding to support rural innovation in southern Ontario, including $15 million specifically for Eastern Ontario CFDCs. The results we see through CFDCs like yours are proof of how important it is to invest in rural Canadians.” – Mike Bossio, Member of Parliament for Hastings—Lennox and Addington

Wednesday, June 26, 2019 Success Stories

CFDC Partners with Kijjicho Manito Madaouskarini Algonquin First Nation to deliver new program.

Bancroft, ON—MP Bossio announced funding of  $266,250 for Community Futures Development Corporation (CFDC) of North & Central Hastings and South Algonquin to collaborate with the Kijijcho Manito Madaouskarini Algonquin First Nation to provide customized training to Indigenous women entrepreneurs residing in the community. The Kijjicho Manito Madaouskarini will host training sessions from their centre to help women start and scale-up their businesses and leverage resources such as training material from the CFDC.

Thursday, November 29, 2018 Success Stories

Talia Switzer,
Lash Envy
Kelley White,
Hairstylist

Co-located at Thistle and Bloom,
Bancroft
Business Start-up

"Community Futures helped us achieve the dream of being self-employed! Without them, we would not have been able to renovate our space, purchase inventory, and feel confident that this was financially doable. We owe a huge thanks to Community Futures for not only helping us better our businesses, but Bancroft too!" -Talia Switzer, Lash Envy and Kelley White, Hair Stylist

Wednesday, April 11, 2018 Success Stories

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“In a fast growing competitive industry, we are forever grateful to Community Futures for support to our enterprise. It has fast tracked us many years in what I plan to achieve, and has allowed us to get to the next level and become a major player in a competitive market. Thank you for everything.”
Logan Krupa, Co-Owner/Brew Master, Bancroft Brewing Company

The Bancroft Brewing Company will benefit from an investment announced April 10, 2018 by Community Futures Development Corporation of North & Central Hastings and South Algonquin (CFDC), and Mike Bossio, Member of Parliament for Hastings−Lennox and Addington.

 The CFDC of North & Central Hastings and South Algonquin is pleased to provide support for the expansion of a craft beer brewery with an investment of $86,700 under the Eastern Ontario Development Program’s Business Development stream. Through this investment, the Bancroft Brewing Company has expanded its manufacturing facility, purchased of a state-of-the-art automated control system and additional equipment to double brewing capacity and expand the product line. This expansion has been instrumental in sustaining five jobs and is projected to create two to three new full- time jobs in the near future.

Although brewing is one of Canada’s oldest industries, the Bancroft Brewing Company is the first establishment to commercially produce beer and spirits in Bancroft. The company is positioned to capitalize on the recent resurgence of the craft beer market and the business has become a desirable destination in the region.

Friday, November 17, 2017 Success Stories

Coloured Aggregates in Marmora ReceivesColoured Aggregates Site Visit 800x600  Eastern Ontario Development Program Support

“We would like to thank Community Futures for their support through the EODP to expand our Marmora plant. This project has enabled us to grow our product line allowing us to access previously untapped global markets.”
Jeff Oravecz, Owner, Coloured Aggregates

Coloured Aggregates will benefit from an investment announced today by Community Futures Development Corporation of North & Central Hastings and South Algonquin (CFDC), and Mike Bossio, Member of Parliament for Hastings−Lennox and Addington.


For 45 years, Coloured Aggregates, a family-run business, has served a wide range of professionals in the pre-cast, architectural block, concrete ready-mix, paving, roofing and pole industries, to name just a few. The company, which houses a state-of-the-art onsite lab, continues to quarry, supply, and distribute an impressive range of colours, shades and mineral types of crushed aggregates and sand.


The CFDC of North & Central Hastings and South Algonquin is pleased to provide support with an investment of $100,000 under the Eastern Ontario Development Program’s Business Development stream. Through this investment, Coloured Aggregates will expand its services and production at its world-class processing plant in Marmora. The funding will support the purchase of a computerized sorting system that will allow for the creation of new and improved products to reach new and existing markets. The development of the new product line will strengthen and maintain six jobs and create two new full-time jobs. The project will have a beneficial spin-off effect as the company hired local contractors for the construction and installation of the brand new production line.

  • Wilson Forest Products Ltd.
    Wilson Forest Products Ltd. Wilson Forest Products accessed matched funding through the Eastern Ontario Development Program in order to realize a significant increase in production. Learn more about what they did in the following video.
    Written on Thursday, 30 July 2015 14:17 Read 5243 times
  • Ormsby Village Woodworking: OSEB Success Story
    With the support of the Ontario Self Employment Benefit (OSEB) program, Ingo Weise launched Ormsby Village Woodworking - a successful woodworking business that re-fashions pallette wood into rustic furniture, clocks etc. To learn more about Ingo's business and the OSEB, check out the video...  
    Written on Friday, 01 May 2015 13:57 Read 3274 times
  • Farm to Fork Traceability - VIDEO
    In addition to providing some supporting marketing dollars, the Enright Cattle Company in Tweed, Ontario accessed Eastern Ontario Development Program (EODP) funds in order to implement a high-tech solution for tracking their beef. The unique barcode system allows them to track their beef products with Farm to Fork traceability! See it in action in their video below... An OMAFRA video project
    Written on Friday, 20 February 2015 00:00 Read 3457 times
  • McRae Lumber Equipment Upgrades - VIDEO
    McRae Lumber Equipment Upgrades - VIDEO The McRae Lumber Company is located in Whitney, Ontario and has been manufacturing high quality hardwood and softwood products for over 90 years. In an effort to add to their product mix and create efficiencies, McRae's applied to the Eastern Ontario Development Program through Community Futures for funding support. The non-repayable funding contribution they received made it possible for them to move ahead with their desired equipment upgrades. The innovative upgrades have resulted in a…
    Written on Sunday, 14 September 2014 00:00 Read 3990 times
  • Forestry Day 2014
    Forestry Day 2014 On Thursday, May 29, 2014 the second edition of Forestry Day took place at Joy Bible Camp near Bancroft. Forestry Day was first offered in the spring of 2012 and was seen as a great success. 237 grade 7 and 8 students from schools from as far away as the southern part of Hastings County took part in this great event where the local forest industry invites students to take part in a field day…
    Written on Sunday, 22 June 2014 20:00 Read 3039 times

Spotlight Video

CFDC - Northridge Krown
CFDC - Stoco Jewelery
What Can Community Futures Do For You? Click on the video above to find out!