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Please Show Your Support! Sign the Petition, Today.

We firmly believe that Community Futures organizations can do more to help the federal government achieve the objectives of Canada’s Innovation Agenda. However, in order for us to be more effective, the Community Futures Program needs to be strengthened. In March 2017, the Community Futures Network of Canada submitted a proposal for the renewal and modernization of the Community Futures Program to Innovation, Science and Economic Development Minister Navdeep Bains that contained recommendations we are confident will reinforce the Community Futures Program so that it can perform at its maximum capacity and achieve its full potential. The Community Futures Network of Canada is seeking community support to ensure that our recommendations are adopted by the federal government without further delay.

Please Show Your Support! Click the and Sign!! http://bit.ly/supportcommunityfutures

18th Annual Vancouver Island Business Excellence Awards Finalists

Congratulations sent to Community Futures Central Island clients who are finalists in the 18th Annual  Vancouver Island Business Excellence Awards

Foley Dog Treat Company  (Nanaimo) has dedicated itself to providing dogs and their owners with treats that are not only made from great holistic grain free ingredients; they are also "the only treat my dogs can have".

Nurture Collective (Parksville) is owned and operated by a group of dedicated women with a vested interest in the health and overall well-being of families." More than a retail outlet, we are striving to provide information and offer unparalleled support to parents from all walks of life. With a passion for community and an acute desire to unify families, we are hoping to create an inclusive and inviting environment. " 

Salt and Harrow (French Creek) is a 37-acre organic farm which grows over 50 varieties of vegetables, fruits, legumes and herbs and has a small flock of heritage breed hens for eggs. "Our mission is to provide local customers with a full vegetarian diet of artisan quality organic fruits and vegetables. We hope our food is a reflection of the place in which it is grown and the joy we take in growing it.  By caring for the soil we strive to produce nourishing food, made by land, healthy soil and hard working farmers."

Check out the Full list of Finalists here!

Nanaimo's VMAC wins Manufactured Products Category at the 2017 BC Export Awards

Great work VMAC! A progressive company that has incorporated LEAN manufacturing, was an early adopter of Economic Gardening and now Export Navigator via Community Futures.

Congratulations to VMAC Global Technology Inc. from Nanaimo! They won in the Manufactured Products Category for their compact and powerful mobile air compressors and multi-power systems. “VMAC (Vehicle Mounted Air Compressors) is one of the only true air compressor manufacturers in North America, engineering and manufacturing air compressors and multi-power systems in British Columbia”.

Criteria for the Manufactured Products Category includes growth in value of export sales, an ability to overcome challenges in entering new international markets, and a demonstrated use of innovative strategies to promote brand awareness in export markets. VMAC’s international sales now make up 65% of its business and the company’s reputation for quality and performance has captured the attention of global customers who require compact and powerful mobile air compressor solutions.

“VMAC’s focus on our people, culture, community and continuous improvement has helped us reinvest in VMAC to ensure sustainable growth,” says Gilbert. “Improving the quality of life for each coworker and their families, and contributing to the local economy has been part of VMAC’s driving purpose for the past 30 years, and will continue to be as the company grows and thrives in Nanaimo, BC.”

The Export Navigator Program extended

The Export Navigator Program has officially been extended for an additional six months!

We are continually working to improve this pilot program for our clients and are developing resources to help improve you and your community’s exporting knowledge. During Small Business Week, October 16-20, we will be hosting another edition of Introduction to the Export Process for FREE, courtesy of the Province of British Columbia. Participants will gain a better understanding of how to achieve exporting success beyond B.C. borders, both internationally and domestically. This webinar is targeted to service providers and economic development organizations who are curious about international trade and want to better understand exporting. Go to  https://www.picatic.com/introexportoct17 to register for these free webinars.

Proposed changes: Tax planning using private corporations

On July 18, 2017 the Department of Finance released a consultation paper, Tax Planning Using Private Corporations, targeting the following three tax planning strategies involving the use of private corporations:

  •  Income sprinkling using private corporations,
  •  Holding a passive investment portfolio inside a private corporation, and
  •  Converting a private corporation’s income into capital

The consultation paper sets out the nature of these issues in more detail, outlines some potential solutions to address them and invites input from Canadians. Proposed legislation targeting income sprinkling (including the multiplication of the lifetime capital gains exemption) and converting income into capital gains was also released along with the consultation paper.

The proposed measures, if implemented, will have a significant impact on private companies.

Full document can be read here. Thanks Cara Light of Grant Thorton LLP

Kelly McBride New to Community Futures Team

On September 1, 2017, Community Futures Central Island welcomed Kelly McBride to our team.

McBride will take on the job of Business Development and Credit Officer, responsible for creating the best customer experience for our loan clients. She will be reporting directly to Executive Director Jolynn Green while providing a key leadership role throughout the small to medium business loans process.

“Kelly’s background in business on a global level and fresh outlook of local business issues are true assets to our organization” states Ed Poli, Community Futures Central Island Board of Directors Chair.  Her most interesting occupation was assisting with the planning and delivery of the 2014 International Festival of Business, a 50-day festival in Liverpool which attracted 68,600 business attendees from 92 countries at 415 events.

McBride recently finished her contract with the Central Vancouver Island Multicultural Society and brings comprehensive experience in public service and non-profit environments to Community Futures, along with superior knowledge of human resources, partnership development, staff leadership and financial management.

Community Futures provides business loans and advice that is tailored to the needs of individual small and medium sized business.  Community Futures is a non-profit, small business development organization – based in the community and for the community. Our wide variety of business loans and tools are designed to help entrepreneurs and small business owners achieve their goals. We provide financing alternatives to small and medium enterprises when access to credit is a challenge to start or grow their business. To learn more go to cfnanaimo.org.

 

 

 

 

 

Entrepreneur In Residence Program

Do you ever wonder what your business would look like if you had someone you could talk to about your big vision, your next steps, what might get in the way of reaching that big goal and how to overcome these obstacles, so you can really succeed?

Our Entrepreneur In Residence program will provide you access to a business expert to offer you that clarity, the path to achieving it, and the belief in you that you can actually make it all happen with the right resources. And the best part - it's only $150 for 12 weeks of support. Today is your opportunity to experience powerful business counsel. 

The first intake is under way and the next intake is ongoing. Complete the application and email in today!   Entrepreneur in Residence Application here. Contact leslie@cfnanaimo.org with any questions.
  
 

Professional office space for lease!

Home office getting a bit cramped? 

Community Futures Central Vancouver Island has 2 professional office spaces for lease, in the Old City Quarter.

Newly renovated, all inclusive, ground level, accessible entry and unfurnished at present. WIFI, mailbox, parking spot and shared reception provided. ]

Contact 250.591.7499 for full details.

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Communities Served

Ladysmith, Nanaimo, Gabriola Island, Lantzville, Nanoose, Parksville, Qualicum Beach, Bowser, French Creek, Lasqueti Island

CONTACT US

Community Futures Central Island
#14 - 327 Prideaux Street
Nanaimo, BC
V9R 2N4

T: 250.591.7499
T: 888.303.2232
T: 877.585.5385
F: 250.591.7498