South Lake Community Futures Development Corporation
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1 Eastern Ontari Develpment Prgram Business Develpment Fund Purpse: The Business Develpment Fund supprts prjects that lead t the grwth f new and existing businesses within rural eastern Ontari cmmunities. This include initiatives in key areas, such as skills develpment, yuth attractin, innvatin and infrmatin cmmunicatin technlgy adptin t stimulate business develpment pprtunities within the Suth Lake CFDC catchment area. Eligible Secndary Recipients: Eligible Secndary Recipients are: Nn-prfit rganizatins including municipalities, municipal rganizatins, crpratins, cmmunity ecnmic develpment rganizatins, and assciatins Legal cmmercial enterprises including individuals, crpratins, partnerships, cperatives r trusts Abriginal rganizatins Eligible Activities: Eligible Activities may include but are nt limited t: Business planning and business develpment initiative such as business develpment plans, expansin plans, marketing strategies, exprt plans, feasibility studies and strategic plans research and develpment initiatives and research analysis internship/jb placement initiatives such as yuth internships and nn-yuth internships trade shw attendance in supprt f market expansin in alternating years skills develpment and training such as: incremental n-the-jb training, in-huse r utsurced classrm training, business management skills develpment, wrkshps and seminars\ business trade pprtunity develpment marketing prjects ecnmic, turism and/r business develpment activities innvatin initiatives including: cmmercializatin f new technlgies, innvatin and technlgy research and develpment prjects, technlgy/ict and knwledge based ecnmy studies and plans technlgical enhancement initiatives such as: advanced innvative web enhancements, e-cmmerce, e- learning platfrms, intranet/extranet prtals, gegraphic infrmatin systems applicatins, custmized sftware develpment and installatin which will imprve efficiencies and prductivity ICT infrastructure prjects, including: telecmmunicatins imprvements, bradband and internet access applicatins in ICT, which may include: develpments f netwrks, ICT educatin and awareness, facilitating r hsting cnferences and wrkshps ther incremental activities designed t stimulate business pprtunities in the knwledge based ecnmy Internship/jb placement initiatives: Yuth interns emplyed thrugh agreements with Eligible Prject Recipients will nrmally be graduates with a degree, diplma r Ontari Ministry Certificate frm a secndary/pst secndary institutin and be under 30 years f age. Each intern and intern prject/psitin will nt exceed 12 mnths in duratin. DOC.# CED Page 1 f 12 OCTOBER, 2011
2 Nn-Yuth Interns emplyed thrugh agreements with Eligible Prject Recipients will nrmally be graduates frm a secndary/pst secndary institutin and be ver 30 years f age. Each intern and intern prject/psitin will nt exceed 12 mnths in duratin. Ineligible Activities Hiring f interns fr administrative and/r peratinal activities cnsidered part f regular peratins Hiring f interns that displace existing emplyees Repayable financial assistance Internships that d nt cmply with labur unin agreements Eligible Csts: Eligible Csts are expenses that will be incurred by the Eligible Prject Recipient, which are reasnable, incremental and required t carry ut the Eligible Activities as nted abve. Eligible Csts may include: salaries, wages and emplyees benefits material and supplies cmmunicatins, publicity and prmtins cnsultant and ther prfessinal service envirnmental assessments training equipment purchases r leases infrmatin technlgy telecmmunicatins netwrk services transprtatin and administrative expenses cst f equipment and building, but will nt include the cst f land Cnsultants must perate at arm s length f the Secndary Recipient and shuld be experienced, prfessinal and recgnized as prviding high quality wrk. Funding cntributins t Nt-fr-Prfit Eligible Prject Recipients will be nn-repayable cntributins tward direct eligible prject csts, and may be up t 100% f ttal Eligible Csts t a maximum f $100,000 per Eligible Prject Recipient. Funding cntributins t Private Sectr Fr-Prfit Eligible Prject Recipients will be nn-repayable cntributins, up t 50% f ttal Eligible Csts t a maximum f $100,000 per Eligible Prject Recipient. Skills Develpment activities relate t incremental training fr new hires, existing emplyees, entrepreneurs, and small and medium enterprises. Training fr summer students, temprary jbs r part times jbs less than 20 hurs per week are nt nrmally eligible. DOC.# CED Page 2 f 12 OCTOBER, 2011
3 Ineligible Csts: Csts that are deemed unreasnable, nt incremental and /r nt directly related t the eligible prject activities will be ineligible. Csts incurred prir t the eligibility date will nt be supprted. EODP prject supprt is nt intended t fund nging cre peratins csts. All funds must be cmmitted by March 31, Applicatin Prcess: Cmplete and sign the Business Develpment Fund applicatin package and send t: Suth Lake Cmmunity Ecnmic Develpment Cmmittee 183 The Queensway Suth Keswick, Ontari L4P 2A3 Fax: Tll Free Fax: emateus@ils.net The deadline fr submissin fr the first intake will be Mnday, Nvember 28, 2011 at 10:00 am. Thereafter, beginning in January 2012, applicatins will be accepted mnthly until such time as all available funds are cmmitted. Applicatins must be submitted each mnth by the end f business, tw Fridays prir t the last Wednesday f the mnth. The Cmmunity Ecnmic Develpment (CED) Cmmittee reviews the applicatins n the Mnday preceding the last Wednesday f the mnth and the Bard then makes its decisins at its mnthly meeting n the final Wednesday f the mnth. Submit the fllwing mandatry dcuments with the applicatin: 2-3 qutatins if the prject invlves purchasing items r services Terms f Reference detailing the recruitment and hiring prcess if the prject invlves hiring a cnsultant Incrpratin dcuments/ Letters Patent nting nt-fr-prfit status Fr nt-fr-prfit rganizatins, a list f the vlunteer Bard f Directrs Phtgraphs, letters f supprt, etc (ptinal) Primary cnsideratin will be given t prjects that address the fllwing pririty areas: Emplyment & Jb Creatin Yuth Retentin Bradband/Cnnectivity Pst Secndary Educatin Infrastructure and Opprtunities Crdinatin f effrt(encuraging partnerships t maximize impact) Transprtatin Grwth Management Innvatin Creative Ecnmy Applicants will be ntified f the funding decisin fllwing the mnthly Bard Meeting If the applicatin is apprved, Suth Lake CFDC will prepare a Letter f Offer utlining the terms and cnditins f funding DOC.# CED Page 3 f 12 OCTOBER, 2011
4 CFDC cntributins will be subject t a 10% hld back until the applicant has cmpleted the prject and met all reprting requirements as laid ut in the Letter f Offer All prjects will be required t submit a Final Reprt which will include a summary f activities, accmplishments and a financial recnciliatin f the prject Please cntact the ffice at r Tll Free at fr questins regarding the Applicatin Prcess and Eligibility Requirements. WHEN COMPLETING THE APPLICATION, YOU ARE NOT LIMITED TO THE SPACE PROVIDED. PLEASE USE ADDITIONAL SPACE AS NEEDED. 183 The Queensway Suth, Keswick Ontari, L4P 2A3 Tel: (905) Fax: (905) pbudre@ils.net DOC.# CED Page 4 f 12 OCTOBER, 2011
5 Eastern Ontari Develpment Prgram Business Develpment Fund REQUEST FOR FUNDING Legal Name f Applicant: Operating Name: Canada Revenue Business N.: Business/ Mailing Address: Telephne Number: Fax Number: Cntact Persn: Telephne Number: Address: Type f Activity: Check (Υ) apprpriate classificatin Business Planning Marketing Other (specify belw) Skills Develpment Research & Develpment Internship Trade Shw Attendance Innvatin & Cmmunicatin Technlgy Turism DOC.# CED Page 5 f 12 OCTOBER, 2011
6 Prject Summary: Prvide a brief descriptin f the prject. Identify eligible csts fr which reimbursement is being requested, by year if applicable. Amunt Requested: $ Authrized by: Title: Date: Signature: DOC.# CED Page 6 f 12 OCTOBER, 2011
7 COST DETAILS Detail entire prject budget by year, if applicable. Identify all surces f funding. Fr multi-year prjects, please fill ut crrespnding financing tables as well. Timeline: Prject date ending n March 31, 2012 Csts and Financing: Prject Csts Amunt Surces f Funding Amunt $ Suth Lake CFDC $ Ttal Csts: $ Ttal Financing: $ Itemize each detailed expense abve excluding tax. Year: April 1, 2012 March 31, 2013 Csts and Financing: Prject Csts Amunt Surces f Funding Amunt $ Suth Lake CFDC $ Ttal Csts: $ Ttal Financing: $ Itemize each detailed expense abve excluding tax. Year: April 1, 2013 March 31, 2014 Csts and Financing: Prject Csts Amunt Surces f Funding Amunt $ Suth Lake CFDC $ Ttal Csts: $ Ttal Financing: $ Itemize each detailed expense abve excluding tax. DOC.# CED Page 7 f 12 OCTOBER, 2011
8 BUSINESS/ ORGANIZATION PROFILE A. Type f Business/ Organizatin: Check (Υ) apprpriate classificatin Business - Sle Municipal Other (specify belw) Prprietr Gvernment Business - Partnership Nt-Fr-Prfit Business - Incrprated First Natins B. Classificatin f Business/ Organizatin: Check (Υ) apprpriate classificatin Retail Fd Turism Manufacturing Service Cnstructin Whlesale Technlgy Other: C. Length f Time in Operatin: Year(s): Mnths: D. Business/ Organizatin s Mandate: Describe the business/ rganizatin s main activities, what prduct r service is prvided? DOC.# CED Page 8 f 12 OCTOBER, 2011
9 E. Emplyment: Actual Current Number f full time emplyees: Current Number f part time emplyees: Ttal number f existing emplyees: Prjected number f emplyees. Cmplete belw if business/crpratin is a start-up r the rganizatin is prjecting grwth in the number f peple it emplys. Prjected Number f full time emplyees in 3 years: Number f part time emplyees in 3 years: Ttal number f expected emplyees: F. Funding Histry Please circle applicable answer. Have yu received funding frm Suth Lake CFDC thrugh an EODP initiative befre? If yes, is the prpsed prject incremental? (Fr the purpse f this applicatin incremental is defined as a prject that is new r an initiative that is being added t a prject that was previusly funded under EODP) Please indicate the cumulative amunt t date yur business/crpratin has received frm Suth Lake CFDC $ YES YES NO NO PROJECT TIMELINE Start Date: End Date: Prject Delivery Detail the prject including timeline fr delivery DOC.# CED Page 9 f 12 OCTOBER, 2011
10 Wrk Plan Prject Activity Time Frame Outcme (identify measurable result and critical issues reslved) PROJECT OBJECTIVES In assessing applicatins fr supprt we will priritize prjects that cntribute twards ne r mre f the fllwing bjectives: Emplyment & jb creatin; Yuth retentin; Bradband/Cnnectivity; Pst secndary educatin infrastructure and pprtunities; Crdinatin f effrt (encuraging partnerships t maximize impact); Transprtatin; Grwth f new and existing businesses; Innvatin; Creative ecnmy. Please use the spaces belw t explain hw yur prject will cntribute twards any r all f these pririties and detail what that expected cntributin. A. Prgram Objectives Detail hw prject cntributes t the bjective f the prgram DOC.# CED Page 10 f 12 OCTOBER, 2011
11 Detail hw a new business will be created r an existing business will be maintained, by year if applicable. Detail hw many jbs will be created r maintained, by year if applicable. Detail hw many emplyees will receive wrk related training thrugh prject, if applicable. DOC.# CED Page 11 f 12 OCTOBER, 2011
12 B. Ecnmic Benefits and Expected Impact Detail the expected benefit t yur business/ rganizatin and the lcal ecnmy assciated with this planning including any anticipatin f new markets/pprtunities and the anticipated reach/impact f the activities. Prject Deliverables Upn cmpletin f the prject the fllwing deliverables will be presented t Suth Lake CFDC: Deliverables may include cpies f reprts, befre/ after phtgraphs, testimnials, data tables, funded material, etc ATTACHMENTS Prjects that invlve hiring a cnsultant must prvide Terms f Reference fr the recruitment and hiring f the cnsultant. 2-3 qutatins fr items purchased r services prvided must be included fr each expense. Incrpratin dcuments r Letters Patent nting nt-fr-prfit status Fr nt-fr-prfit rganizatins, a list f the vlunteer Bard f Directrs Other (phtgraphs, letters f supprt, etc) Business Plan *Please nte, the abve mentined attachments are mandatry. Applicatins that d nt include these attachments will be deemed incmplete and will nt be cnsidered. By Submitting this applicatin the applicant acknwledges that any infrmatin cntained may be shared with the Gvernment f Canada. DOC.# CED Page 12 f 12 OCTOBER, 2011
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