Come and learn all about financing your business from industry experts. This 3 hour session will be comprised of presentations from The Ottawa Community Loan Fund(OCLF), Rise Asset Development (Rise), the RBC Royal Bank and The Business Development Bank of Canada (BDC) and Invest Ottawa.
This will be followed by a panel discussion and a chance to ask questions of the session presenters.
The Ottawa Community Loan Fund (OCLF) is an incorporated non-profit organization working for financial empowerment in the Ottawa area. OCLF arranges loans to start, buy or expand your business, and professional development loans to increase your employability. We provide education in money management and entrepreneurship through community partners for on-site delivery.
The Business Development Bank of Canada (BDC) is the only bank exclusively dedicated to entrepreneurs. We are not just a commercial bank. We are Canada’s development bank and we are passionate about one thing: helping entrepreneurs succeed. At BDC, we know entrepreneurs and we understand the challenges they face. BDC specializes in commercial financing and has a national network of experienced consultants providing professional services to businesses in all industries. The presentation will focus on start-up and early stage financing, providing attendees tools and advice on how to finance their new business.
RBC Royal Bank, One of RBC‘s 14 Senior Account Managers Business and Personal from the Ottawa area will present important advice on the different options available to you in financing your business, the role banks play in your initial and ongoing financing needs and how to prepare for your financing request. The presentation will also take you through standard financial measurements banks and others would be looking for in your successful application!
Rise Asset Development (Rise) works to empower business owners with access to financing and business support. The organization recognizes the interdependency of financial well-being to one’s overall quality of life. Rise is committed to improving the lives of people who are unable to secure employment due to mental health or addictions challenges. Rise, with the support of the Rotman School of Management and the Centre for Addiction and Mental Health (CAMH), provides microfinancing and mentorship to men and women living with mental illness and addictions who are interested in pursuing self-employment.
Anet Greenley, National Research Council’s Concierge program. The Concierge program is a single access point to government funding for small- and medium-sized companies seeking to grow through innovation. The only service of its kind in Canada, it offers free, one-on-one assistance from expert advisors who provide customized guidance in selecting the most relevant federal or provincial funding programs to help you start or grow your business.
The PARO Centre for Women’s Enterprise is one of Canada’s most successful business support and networking organizations for women. As a not-for-profit social enterprise, we have been working since 1995 to empower women, strengthen small business and promote community economic development in Ontario. We first opened in Thunder Bay in 1995 but today we operate across most of Ontario (except the GTA), opening up in eastern Ontario in 2017 and in the Ottawa area in 2018. A key feature of our small business service is a women’s micro-lending program, but we also guide and support our entrepreneurs in accessing the larger loans. We partner with a wide range of community, government, commercial and financial institutions, including a current program for women’s financing with BDC. Paro is Latin for “I am ready.”