Our mission is to generate and assist in the creation of employment opportunities in the City and County of Peterborough. We accomplish this mission primarily by supporting small business development through flexible financing and business counselling services.
Since 1985, Community Futures Peterborough has:
About Community Futures
The Community Futures Program supports 61 Community Futures Development Corporations (CFDCs) in Ontario. FedDev Ontario serves 37 in rural eastern and southern Ontario.
The Community Futures program was established with the purpose of helping communities develop and implement local solutions to local opportunities by providing financial support to organizations that, in collaboration with others, can provide support to small and medium-sized companies.
Community Futures offices provide a wide variety of programs and services supporting community economic development and small business growth. In particular:
Community Futures Development Corporations are community-based, not-for-profit organizations staffed by professionals and are each governed by local volunteer boards of directors familiar with their communities’ needs, concerns and future development priorities.
Community Futures Peterborough receives operational funding and support from the Federal Economic Development Agency for Southern Ontario. For more information about FedDev, visit: http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/home
For more information about the Community Futures Program, visit: http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_00041.html
The Proof Is In The Numbers
Businesses that receive loans from Community Futures grow faster than those that don’t. Loan recipients have an average growth revenue of:
14.9 vs. 6.9%*
Businesses that receive loans from Community Futures have higher business survival rates:
88% vs. 66%*
*Source: FedDev Ontario Community Futures Program (CFP) Evaluation Report April 28, 2014