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
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.
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.