2006-2007 Annual Report – October 7, 2007
The Atlantic Association of CBDCs is pleased to present their 2006-2007 Annual Report that highlights the success throughout the past year.
NBACBDC 2006-2007 Annual Report – July 24, 2007
Another year has gone by and so much work was done! Please find a copy of our 2006-2007 Annual Report "Evolving to New Heights".
We wish you the best possible reading and a joyful summer.
Women in Business Web Site Launched for Women Business Owners – July 24, 2007
For Immediate Release
June 25, 2007
Women in Business Web site Launched For Women Business Owners
Women are the new face of entrepreneurship and are a thriving force in New Brunswick’s economy. In a 2005 study by CIBC, “the number of women-run business is rising 60% faster than those run by men.”
The New Brunswick Women in Business Web site will serve as a one-stop-shop of vital information on business resources, training, networking, growth and financial information for women business owners.
“Canada’s New Government is working with its partners to promote new and innovative way to assist women entrepreneurs,” said the Honourable Peter MacKay, Minister of Foreign Affairs and Minister of the Atlantic Canada Opportunities Agency (ACOA). “Thanks to help from ACOA, women entrepreneurs will have better access to the resources and services that will help them grow their businesses.”
The goal of this site is to provide women business owners with a comprehensive and accessible tool that will give them timely and relevant information to help them succeed. Each month, there will be an article highlighting an upcoming training opportunity or a topic specific to the challenges facing women business owners. The site will also showcase the accomplishments of successful women entrepreneurs across the province.
“Women business owners are leaving their mark in all sectors and industries throughout the province. The Women in Business New Brunswick Web site will help women business owners enhance their business skills and forge relationships by engaging in training and networking opportunities,” said Jennifer Henry, Executive Director, NB Association of Community Business Development Corporations (CBDCs).
The Women in Business Web site, created and managed by the NB Association of CBDCs, was made possible through a financial contribution by the Atlantic Canada Opportunities Agency.
For more information on the Women in Business Web site, visit www.wbnb-fanb.ca
For more information contact:
Danielle Gaudet, communications officer, NB Association of CBDCs Danielle.email@example.com
Gisèle Savoie, A/Senior Communications Officer, ACOA NB 506-452-3341
NBACBDC Hosting their AGM in Fredericton – July 11, 2007
For Immediate Release
July 3, 2007
New Brunswick Association of CBDCs Hosting Their Provincial Annual General Meeting in Fredericton
Fredericton, New Brunswick - The New Brunswick Association of Community Business Development Corporations (CBDCs) is ready to welcome CBDCs from across the province to the Provincial AGM. This year’s AGM will be held at the Crowne Plaza Lord Beaverbrook Hotel, Fredericton, NB from July 5 to 6, 2007.
“This AGM brings together the 10 member Corporations from across the province as well as CBDC volunteers, staff, as well as provincial and federal government representatives. The CBDCs are instrumental in stimulating and supporting entrepreneurship development in New Brunswick. “It has another successful year doing what the CBDCs do best – helping entrepreneurs,” said Jennifer Henry, Executive Director, NB Association of CBDCs.
CBDC programs have created several employment opportunities across New Brunswick. The Business Loan Program, provided $15.9 M in loans to 358 businesses that helped to create/maintain 1281 jobs. The Seed Capital Program advanced 250 loans for a value of $2.9 M and helped to create/maintain 441 jobs. An additional $12.9 M was leveraged for a total investment of $15.9 M in communities across New Brunswick.
The CBDCs have been delivering the Self-Employment Benefits (SEB) Program on behalf of the provincial government since September 1987. This year, 380 entrepreneurs received a total investment of $4.8 M, creating/maintaining 581.5 jobs. The CBDCs partnered with the provincial government in April 2001 to deliver the Entrepreneur Program. This year, they helped 276 individuals access $2.5 M in loans guarantees which created/maintained 316 jobs.
“I am struck by the constant evolution of the Association and its member CBDCs. We constantly strive to improve our individual corporations and strengthen our Association. This dedication and commitment directly translates into great success for our clients,” said Gerry Levesque, exiting President of the Association.
This year’s agenda includes reports from representatives sitting on provincial and Atlantic level committees, special project updates by the NB Association of CBDCs, a presentation by the Business Development Bank of Canada (BDC) and an overview of the Entrepreneur Loan Program from Business New Brunswick (BNB).
CBDCs are a network of autonomous, not-for-profit organizations that work in cooperation with all levels of government and the private sector to meet the needs of small business.
For more information contact:
Jennifer Henry, Executive Director, NB Association of CBDCs - (506) 548-2406 or firstname.lastname@example.org
April 15 to 21, 2007 National Volunteer Week – April 15, 2007
New Brunswick CBDCs recognize the exceptional dedication and contribution of our many volunteers. We want to thank these CBDC volunteers for their efforts in advancing their communities' economic and social development.
Volunteer Award – January 17, 2007
The Atlantic Association of CBDCs honored four CBDC volunteers at its Atlantic AGM held in St. John's, Newfoundland and Labrador on September 14th, 2006.
Ronald Losier, Tracadie-Sheila, New Brunswick was presented with outstanding volunteer recognition award by Brian Dick, Senior Vice President of ACOA and Jean Yves Thériault, President of the Atlantic Association of CBDCs. The volunteer awards were given for the strong contribution and true devotion these individuals contributed to community economic development in rural Atlantic Canada.