Title: FedNor
1FedNor
- Opening Doors. Building Futures.
2We 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.
3FedNor promotes economic growth through the
delivery of three key initiatives
- Northern Ontario Development Program
- Community Futures Program
- Eastern Ontario Development Program
4Northern 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.
5Northern 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
6NODPCommunity 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
7NODPCommunity 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
8NODPInnovation
- 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
9NODPInnovationGenesis 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
10NODPInformation 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
11NODPInformation 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
12NODPHuman 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.
13NODPHuman Capital Youth Internship Program
- Youth out-migration only 25 percent of youth
return to Northern Ontario - Over 1000 FedNor Internssince inception
- Experience, opportunity, employment
14NODPBusiness 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.
15NODP 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
16NODP Business Financing Support Niigon
Technologies/NOEG
- Wholly Aboriginally-owned and operated now
competing internationally - NOEG Angel Investing and investor readiness
17NODPTrade
- 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
18NODPTourism
- We believe
- that tourism is one of the Norths most important
industries - 10 million visitors
- 1.7 billion spent
- 18,000 industry-related jobs
19Community Futures Program (CF)
- Supporting 61 Community Futures Development
Corporations across rural and Northern Ontario - Locally run and focused on addressing local needs
20Community Futures Program (CF) Northern Region
- Northeast Northwest Ontario CFDC Investment
Pools - Resort Tapatoo
21Community Futures Program (CF) Southern Region
- Careers in Community Health Care
- 2007 Community Economic Development Award
22Eastern 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
23Eastern 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
24Pan-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
25Pan-Northern Initiatives
- Tourism La Foire Gourmande
- Local CFDCs
- Canada Economic Development for Quebec Regions
26Pan-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)
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