Business Planning Fund Projects are intended to assist entrepreneurs, and potential entrepreneurs who require a full and properly developed business, export and/or marketing plan in order to: - Ensure that all aspects of the business proposal have been considered and properly investigated;
- Ensure that they have a clear understanding of all issues and potential problems; and
- Raise their potential in gaining access to the required financing in a timely manner
 To provide assistance to private sector for-profit businesses that require assistance in the research, development and finalization of their business, export and/or marketing plan, and can demonstrate that they have both the ability and resources to implement their proposal. Applicants are expected to exercise good judgment when selecting their consultant; the consultant should be experienced, professional, and recognized as providing high quality work. Eligible Costs:
Up to $5,000 can be made available to assist with the costs of an arms-length consultant. Total assistance will not normally exceed 90% of the consultant’s cost, and will be based on demonstrated need. Applicants are expected to be highly involved in the business planning process in order to have a good understanding of the final plan. All projects must be completed and funds disbursed
by February 25, 2011 Fully Subscribed Proposal Requirements:
A formal application is required for each project. Applications will be received until 4 p.m. October 15, 2010 or until program is fully subscribed. For additional information contact:
Lloyd Beverly, Program Coordinator
Tel: 613-283-7002 ext. 106 (888-784-7605) Fax: 613-283-7005
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