Twitter  Facebook  YouTubeJoin Now

Chamber News

Stay informed and discover the latest happenings in Belleville, Ontario with the Belleville Chamber of Commerce News.

 

Back to News
Trenval to offer additional financial support

Trenval to Offer Regional Relief and Recovery Fund for Businesses Affected by COVID-19

To offer additional support to businesses during the COVID-19 pandemic the Government of Canada announced the Regional Relief and Recovery Fund (RRRF).  Part of RRRF will see $39.4 million to support rural businesses with access to capital through Community Futures Development Corporations in Southern Ontario.  The Trenval CFDC office will receive $994,888 for its local catchment area.

The Regional Relief and Recovery Fund (RRRF) will provides interest-free repayable loans to help small- and medium-sized enterprises (SMEs) with fixed operating costs, where business revenues have been affected by the COVID-19 pandemic.  There will be a 25% forgivable portion of the approved amount if repaid in full by December 31, 2022. 

 “Small businesses are at the heart of our local economy and many have not been able to access any of the government support programs.  This local funding will help struggling “main street” businesses including retail shops, restaurants and social enterprises with financial support to weather the impact of COVID-19”, said Amber Darling, Executive Director of Trenval.  

Applications for RRRF will open on the Trenval website on Tuesday, May 19.

Additional Notes:

Incorporated SMEs with funding needs of $40,000 or more should apply directly through FedDev Ontario, as RRRF funding through CFDCs will be limited to contributions of $40,000 or less. Please visit the FedDev Ontario website

Chamber Members SAVE on products and services. Check out these Member 2 Member Offers.

Superior Propane - Save 5% on fixed price propane
Cloud Bookkeeping Services - 10% OFF
Parsons Cleaners Member offer - 10% OFF
Dinkle,s Restaurant - 10% OFF
Be Prepared First Aid Traning - 15% off
Esso Chamber
Jesan Property Maintenance - SAVE 10%
NRG Alternatives - 10% Discount
Papa Johns Pizza Member Offer- 25% off
Body Systems Nutrition - 15% OFF purchases.
Allen Insurance - Exclusive Chamber Member Rates
Jesan Property Maintenance - SAVE 10%
Be Prepared First Aid Traning - 15% off
Body Systems Nutrition - 15% OFF purchases.
Dinkle,s Restaurant - 10% OFF
Superior Propane - Save 5% on fixed price propane
Allen Insurance - Exclusive Chamber Member Rates
Cloud Bookkeeping Services - 10% OFF
NRG Alternatives - 10% Discount
Papa Johns Pizza Member Offer- 25% off
Parsons Cleaners Member offer - 10% OFF
Esso Chamber
NRG Alternatives - 10% Discount
Be Prepared First Aid Traning - 15% off
Body Systems Nutrition - 15% OFF purchases.
Superior Propane - Save 5% on fixed price propane
Parsons Cleaners Member offer - 10% OFF
Papa Johns Pizza Member Offer- 25% off
Cloud Bookkeeping Services - 10% OFF
Dinkle,s Restaurant - 10% OFF
Allen Insurance - Exclusive Chamber Member Rates
Jesan Property Maintenance - SAVE 10%
Esso Chamber