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FedNor

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a regional development organization in Ontario that works ... Prescott-Russell CDC. CFDC of North & Central Hastings and South Algonquin. Kawartha Lakes CFDC ... – PowerPoint PPT presentation

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Title: FedNor


1
FedNor
  • Opening Doors. Building Futures.

2
We are
  • a regional development organization in Ontario
    that works with a variety of partners, as both a
    facilitator and catalyst, to help create an
    environment in which communities can thrive,
    businesses can grow and people can prosper.

3
FedNor promotes economic growth through the
delivery of three key initiatives
  • Northern Ontario Development Program
  • Community Futures Program
  • Eastern Ontario Development Program

4
Northern Ontario Development Program (NODP)
  • The Northern Ontario Development Program covers a
    very large geographic area, stretching from
    Muskoka to James Bay, and from the Manitoba
    border to Quebec.
  • The NODP promotes economic growth in Northern
    Ontario through the delivery of contributions
    funding, primarily to non-profit organizations,
    for projects not eligible for commercial
    financing.

5
Northern Ontario Development Program (NODP)
  • Program contributions are available to support
    projects in six areas
  • community economic development
  • innovation
  • information and communications technology
  • trade and tourism
  • human capital
  • business financing support

6
NODPCommunity Economic Development
  • We believe
  • strategic planning enhances business
    competitiveness and job creation
  • diversification strategies are needed for
    communities adversely affected by sudden or
    severe downturns in the local economy
  • regional initiatives build strong, sustainable
    communities

7
NODPCommunity Economic DevelopmentThe Northern
Ontario School of Medicine
  • The first new medical school to be built in
    Canada in over 30 years.
  • Concept feasibility completion
  • One of the largest investments in FedNors
    history
  • Embodies the true definition of Community
    Economic Development

8
NODPInnovation
  • We believe
  • that support for early stage research and
    development can bring new, innovative products
    and services to market
  • that interaction between science and industry can
    increase the overall competitive position of
    Northern Ontario
  • Northern researchers and industry are engaged in
    world-class science technology

9
NODPInnovationGenesis Genomics
  • An internationally recognized biotechnology
    company in Northwestern Ontario
  • Early detection of disease
  • Potential identification of cancer at the DNA
    level
  • Research, investment, employment, innovation

10
NODPInformation and Communications Technology
(ICT)
  • We believe
  • in developing networks and telecommunications
    infrastructure throughout the North
  • ensuring that Northern Ontario competes on both a
    local and global scale

11
NODPInformation and Communications Technology
(ICT)Kuhkenah Network (K-NET)
  • Aboriginal organization providing ICT and
    telecommunications consulting and services
  • Telehealth, telediagnostics, Internet high
    school, online conferencing
  • Connecting over 20,000 people across some of the
    most remote areas of Northern Ontario

12
NODPHuman Capital
  • We believe
  • in providing Northerners, with the training and
    employment opportunities they need to succeed in
    a knowledge-based economy.
  • in supporting initiatives that ensure the
    opportunity exists for people to remain and grow
    in their respective communities.

13
NODPHuman Capital Youth Internship Program
  • Youth out-migration only 25 percent of youth
    return to Northern Ontario
  • Over 1000 FedNor Internssince inception
  • Experience, opportunity, employment

14
NODPBusiness Financing Support
  • We believe
  • in improving access to capital for small and
    medium-size enterprises
  • in stimulating investment with higher-risk
    enterprises through loan loss reserves with
    financial institutions and community-based
    investment funds.

15
NODP Business Financing SupportFound Aircraft
  • Northern company specifically suited to meet and
    supply global demands
  • The first Technology Partnerships Canada
    Investment in Northern Ontario
  • Sustainability, profit, employment

16
NODP Business Financing Support Niigon
Technologies/NOEG
  • Wholly Aboriginally-owned and operated now
    competing internationally
  • NOEG Angel Investing and investor readiness

17
NODPTrade
  • We believe
  • Team Northern Ontario (TNO) Trade Network
  • Two community-based organizations
  • Goal is to increase the number of export-ready
    firms and export sales
  • 5.4 billion in exports
  • FedNor International Business Centre

18
NODPTourism
  • We believe
  • that tourism is one of the Norths most important
    industries
  • 10 million visitors
  • 1.7 billion spent
  • 18,000 industry-related jobs

19
Community Futures Program (CF)
  • Supporting 61 Community Futures Development
    Corporations across rural and Northern Ontario
  • Locally run and focused on addressing local needs

20
Community Futures Program (CF) Northern Region
  • Northeast Northwest Ontario CFDC Investment
    Pools
  • Resort Tapatoo

21
Community Futures Program (CF) Southern Region
  • Careers in Community Health Care
  • 2007 Community Economic Development Award

22
Eastern Ontario Development Program (EODP)
  • FedNors EODP provides funding to organizations,
    entrepreneurs and small and medium-sized
    businesses that create and develop increased
    business and employment opportunities through
    projects that focus on the following
  • access to capital
  • business development
  • initiatives to attract and retain youth
  • skills development
  • technological enhancements

23
Eastern Ontario Development Program (EODP)
  • Administered by FedNor, the EODP is delivered via
    the 15 Community Futures Development Corporations
    (CFDCs) located throughout Eastern Ontario.
  • Renfrew County CDC
  • Frontenac CFDC
  • Valley Heartland CFDC
  • 1000 Islands CDC
  • Grenville CFDC
  • Stormont, Dundas, Glengarry CFDC
  • Haliburton CDC
  • Prescott-Russell CDC
  • CFDC of North Central Hastings and South
    Algonquin
  • Kawartha Lakes CFDC
  • South Lake CFDC
  • Greater Peterborough BDC
  • Northumberland CFDC
  • Trenval BDC
  • Prince Edward/Lennox and Addingtion CFDC

24
Pan-Northern Initiatives
  • Agriculture Royal Winter Fair
  • Northern Ontario Community Futures Development
    Corporations (NECO)
  • Ontario Federation of Agriculture
  • Independent members of Northern Ontarios
    agri-food community

25
Pan-Northern Initiatives
  • Tourism La Foire Gourmande
  • Local CFDCs
  • Canada Economic Development for Quebec Regions

26
Pan-Northern Initiatives
  • Mining
  • Deep Mining Research Consortium
  • Geoscience Initiatives (Discover Abitibi 10M)
    and others
  • Federated School of Mines
  • Ontario Mineral Industry Cluster Council
    (Centre for Excellence in Mining Innovation)

27
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