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Community futures development corporation Valley heartland logo

Valley Heartland

Impact

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A message from our Chair

The impact of Valley Heartland is clear and compelling.

Through localized efforts, we, like other Community Futures offices across the nation, support rural businesses like no other organization with advisory, programming, and flexible lending backed by a local volunteer board and staff.

Our impact is achieved through the dedication and expertise of our board and staff and the continued support of community partners, FedDev Ontario and champions of the Community Futures Program.

Larry Sparks, Chair

Valley Heartland’s Local Impact

Since inception,

$33798137.00

in capital has been accessed by local businesses.

Over the past 5 years:

1622

Businesses —

Total number of businesses supported by Valley Heartland.

857

Jobs Created and/or Maintained —

Total number of jobs with small and local businesses supported by Valley Heartland.

The Impact of Community Futures on Business

Businesses supported by a Community Futures…

3.4%

Greater average annual employment growth than non-assisted businesses

3.3%

Greater average annual sales growth than non-assisted businesses

8%

Higher survival rate than non-assisted businesses, for start-ups after one year

26%

Higher survival rate than non-assisted businesses, for businesses after nine years

Source: Based on data from 2010-2015 for CED-Q and FedDev, and 2009-2014 for all other regions.

The Impact of CFDC on Ontario’s Economy

On average, for every $1 of lending through the Community Futures Program, another $1.88 was raised through leveraged funds.

$1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1

For each $1 of direct lending through the Community Futures offices — each dollar of inflation-adjusted lending results in as much as $4.50 added to real GDP.

$1 + + + $1 + + +

Sources: 2015 The Conference Board of Canada, Ontario Association of Community Futures Development Corporations; FedDev Ontario; Industry Canada (FedNor)

Ariel view of Lanark County

Success Stories

Our success goes beyond the numbers. We are most proud of the the impact made by the businesses we have helped.

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