Regional Relief and Recovery Funding Still Available
July 9, 2020Cornwall Ontario – Funding is still available for local businesses from the Regional Relief and Recovery Funding Available (RRRF).
Businesses in Akwesasne, Cornwall, and the United Counties of S.D.&G unable to access existing federal relief measures or who require further assistance above existing support can still apply for funding under RRRF. Unlike the Canada Emergency Business Account, companies without a separated business bank account are eligible.
“Businesses are at the heart of our economy and many are vital to this community,” says Lesley Thompson, Executive Director of the Cornwall & The Counties Community Futures Development Corporation. “The COVID-19 pandemic has led to uncertainty and anxiety for businesses and their employees. We still have funding available to those in need, please visit our website to apply today!”
In order to provide targeted assistance to the small towns, communities, and businesses we serve, Cornwall & The Counties CFDC has been focusing on assisting “main street” businesses such as retail shops, restaurants, corner stores, tourism based businesses and businesses of strategic importance to the community, with 0% loans up to $40,000 and up to 25% may be forgivable. Loans may cover fixed expenses, inventory, the cost associated with PPE equipment as well as some Working Capital.
Quick Facts
- 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.
• Local businesses and organizations that have applied for but were unable to access existing federal COVID-19 relief programs are encouraged to contact Cornwall & The Counties CFDC for more information.
Associated Links
Business Reopening Toolkit
Cornwall Economic Development has put together a toolkit to help businesses reopen. The toolkit includes guidelines and a maximum occupancy calculator along with signs and posters that can be downloaded and printed – including mask related posters and images:
Additional Resources
- Visit the Eastern Ontario Health Unit website for more local news and safety bulletins
- Visit Ontario’s website to learn more about how the province continues to protect Ontarians from COVID-19.
We summarize the latest news about the impacts of COVID-19 on Cornwall businesses on a daily basis. Click on the following link to view: