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Who we are - Mandate / Mission

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MANDATE

The Prescott-Russell Community Development Corporation is a support agency for local economic development in the United Counties of Prescott and Russell. A team of professionals offers its services in the following four areas:

  • Consulting and financial support for businesses

  • Support for community projects and initiatives

  • Support for development and access to training

  • Promotion of local economic development


OBJECTIVES

The chief objective of the Community Development Corporation is to maintain and create jobs. Through an investment fund, we offer high-risk funding to small and medium-sized businesses in the form of loans, loan guarantees and share capital. We support and encourage all job creation and enhancement initiatives.

The objectives of the Prescott-Russell Community Development Corporation are as follows:

  • Stimulate job creation by supporting existing businesses and the development of new ones

  • Stimulate entrepreneurship in Prescott-Russell

  • Promote the development of employment, education and training

  • Ensure the Corporation's continued existence by generating new sources of income


The Prescott-Russell Community Development Corporation is a nonprofit organization sponsored by FedDev (Ontario) through the Community Futures Development program. The Corporation is managed by a volunteer board of directors representing the business, education and agricultural sectors.