WHAT IS COMMUNITY ECONOMIC DEVELOPMENT (CED)? CED is a process by which the public sector, business and community partners work together to make their region a better place to both work and live. CED integrates social, cultural and environmental dimensions into decisions to ensure the right conditions for economic growth and job opportunities.
HOW IS CED UNDERTAKEN? Local stakeholders know what competitive advantages and resources their area has. They know what distinguishes them from their neighbours. However, key aspects to a region can definitely improve and even accelerate the CED process, helping the stakeholders develop their region to make it the most attractive it can be! These include:
effective and regular communication between business, government and community groups
properly maintained infrastructure
access to skills development opportunities
community enthusiasm and commitment
HOW CAN THE WWCFDC CED HELP YOU? The WWCFDC can assist with the following:
Socio-Economic research, analysis and report writing
Strategic Planning
Facilitation(assist in developing a vision, goals, objectives and timelines)
Research to secure funding andproposal writing
Provide recommendations on CED opportunities
Act as liaison between local organizations, business and representatives of government and industry
WHAT CED IS THE WWCFDC CURRENTLY INVOLVED WITH?
Guelph Wellington Local Culinary Food Tourism Planning Committee
Deliverence of the $450,000 Community Adjustment Fund within Wellington Waterloo, examples:
Launch of the Ontario Equine Centre, a world premier equine facility comprised of partners representing all equine breeds and disciplines from across Canada and the University of Guelph. This facility will provide events, training, research and testing grounds on a designated 600 acre site in Puslinch.
Enabling the display and recognition by local unique art and craft designers in Toronto’s One of a Kind Show
Creation of an all-encompassing festival and events brochure for WellingtonCounty
Hiring of an intern to promote the transfer of organic farming knowledge Everdale Organic Farm and Environmental Learning Centre
A series of manufacturing opportunities to help individual companies diversify into new export markets and into new product lines
Providing financial planning and business training for a large number of entrepreneurs interested in upgrading their skills and adjusting to the new economy
Construction of a commercial kitchen in the Centre Wellington Foodbank to host cooking classes for its clients and provide a testing space for culinary food entrepreneurs
As a result, 64 business and economic development projects were supported. These investments have helped 56 businesses in Wellington Waterloo to weather the economic downturn. 144 jobs have been created and maintained in the local economy.
CONTACT US! Jana Reichert
Economic Development Officer
519 846-9839 ex. 4
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As part of the Government of Canada’s Economic Action Plan to mitigate the impacts of the economic downturn, FedDev Ontario has commissioned the Wellington Waterloo Community Futures Development Corporation (WWCFDC) to receive applications for the
THE FUND IS NOW CLOSED, NO FURTHER APPLICATIONS WILL BE ACCEPTED
Applications are straight-forward and we are available for assistance!
Hire an intern of any age
Acquire specialized consultants to assist you in expanding your business operations
Transition to a ‘green’ venture
Put that community project idea into action
Train your staff
Obtain marketing & financial accounting trainingBusiness Plan development
Attend trade shows
Undertake a feasibility study
This is a two-year stimulus program providing $450,000 for the region in its initial year (2009) and is available for the following Project Areas with respective application deadlines:
Projects and final reports must be completed by March 31, 2010.
Contact the WWCFDC for any questions! Jana Reichert
WWCFDC Economic Development Officer
(519) 846 9839 extn 4
Public info sessions for the Community Futures Rural Development Fund will be held as follows:
October 15, 2009 @ 12:30pm – Wellington room, Grand River Raceway, Elora
October 22, 2009 @ 12:30pm – Grand room, Stone Crock, St. Jacobs
October 27, 2009 @ 12:30pm – Wilmot Community Centre, New Dundee
Eligible recipients include businesses, non-profit organizations, post secondary institutions, co-operatives, First Nations, municipal governments and municipally-created organizations.
Examples of eligible activities include those that seek to attract new business or retain existing enterprises and jobs, the hiring of interns, improve market access, develop value-added opportunities, develop and improve municipal infrastructure, build community capacity and find innovative ways for our local economy to adjust and grow. Promoting opportunities for youth, education and local festivals or events are also encouraged. Activities that support “green” strategies and technologies are also eligible, including ecological restoration, protection of habitat, use of new environmental processes and alternative energy sources.
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