Business Advisory Centre Services Moving to Community Futures Peterborough

Small business owners and aspiring entrepreneurs can access funding and advisory services in one place as Community Futures Peterborough (CFP) will begin delivering services provided by the Business Advisory Centre (BAC), announced on Monday morning.

(FROM LEFT TO RIGHT) CHARLINA WESTBYE, CFP BOARD CHAIR; DEVON GIRARD, CFP EXECUTIVE DIRECTOR; BONNIE CLARK, PETERBOROUGH COUNTY WARDEN AND JEFF LEAL, PETERBOROUGH MAYOR. PHOTO BY DAVID TUAN BUI.

“We couldn’t be more excited to offer a continuation of expert advisory services, as well as delivering Small Business Enterprise Centre (SBEC) programs from the Community Futures Peterborough office,” says Devon Girard, CFP Executive Director. “We are thrilled entrepreneurs and business owners can access these additional services through our office door in Venture North.”

The BAC is a part of the Small Business Enterprise Centre program. It is funded by the Province of Ontario through the Ministry of Economic Development, Job Creation and Trade, was previously operated by Peterborough & the Kawarthas Economic Development (PKED).

“The Province of Ontario is thrilled to announce the continuation of the SBEC program serving our community for decades,” said Dave Smith, Peterborough–Kawartha MPP. “We are fortunate CFP and PKED are both committed partners to ensure this smooth transition and are grateful they are committed to continuing this program, allowing entrepreneurs the tools they need to start and grow their businesses.”

PKED and CFP have worked for years to ensure entrepreneurs have access to the BAC programming, including developing business plans, market research, startup validation, and business expansion support, according to a press release. Several It continues to add that entrepreneurs would then come across the hall to Community Futures Peterborough to apply for a business loan. Forty per cent of CFP’s current loan portfolio has worked with PKED through the BAC.

“As the region undergoes substantial changes to the way economic development services will be offered, it is our top priority to ensure that the needs of business are at the forefront,” said Rhonda Keenan, PKED President and CEO.  “Community Futures Peterborough is well-equipped to take on this important work, as we have always worked well together, sharing a substantial number of clients and an integrative referral system. We are proud to have had the opportunity to help so many businesses start and grow, and we remain committed to ensuring the continuity of the services we offer as the region’s Small Business Enterprise Centre and will continue to collaborate as CFP takes on this responsibility moving forward,” added Keenan.

CFP and PKED have confirmed that the City and County of Peterborough have agreed to the move between the two companies.

“The City of Peterborough is pleased to continue to partner with Peterborough County to support the Small Business Enterprise Centre as it transitions to Community Futures Peterborough,” said Jeff Leal, Mayor of Peterborough. “I’m thrilled that the team at Community Futures Peterborough will ensure that local small businesses and entrepreneurs continue to benefit from the essential supports that the SBEC provides.”

“Peterborough County is committed to ensuring a smooth transition of the Small Business Enterprise Centre in Peterborough,” says Warden Bonnie Clark. “Small businesses are the backbone of our communities and the SBEC provides essential support services to them and to aspiring entrepreneurs who want to set up in Peterborough County. We have full confidence in the team at Community Futures Peterborough and they have our full support as they take on this new responsibility.”

Engage with us on social media on Twitter, Instagram, Facebook, Tiktok, Youtube and LinkedIn. Write to us at tips@ptbocanada.com. Sign up for our newsletter here.