Business Development Projects

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Business Health Check Program

A grant of up to $2,500 is available to help business access professional consulting services for a variety of reasons!

Eligible Activities

  • Consulting with a designated accountant/lawyer regarding business structure
  • Consulting with a CPA for areas such as, but not limited to:
    – succession planning
    – business valuation
    – In-depth review prior year financial statements (up to three years)
    – A look into areas for expansion or improvement
  • Projections for existing businesses
  • Business Development Consultation – where to improve business practices
  • Consultation with Human Resources specialist

Ineligible Activities

  • Routine/Annual professional services
  • Website or social media development and development of marketing strategies

Eligible Businesses

  • Existing business as of January 1, 2022
  • Must be a for-profit organization
  • Majority of business is done in the LOWBIC catchment area.
  • A SME (Small-Medium Enterprise) is a business of strategic importance to the community. i.e. retail shops, restaurants, corner stores.
    • SMEs are defined as having less than 500 employees and annual sales revenue of less than $20 million. SMEs produce goods and services for the economy regardless of their business structure (i.e. sole proprietorship, social enterprises, cooperatives)

Spaces are limited and available on a first come, first served basis.

Contact Ally at 807-467-4651 or [email protected] for more information.

Intake will open on January 8, 2024.