2014 Annual General Meeting and Conference
The NB Association of CBDCs
Edmunston June 25th-27th, 2014
On behalf of the NB Association of CBDCs, I would like to cordially invite you to attend the 2014 AGM and Conference at the Four Points Sheraton hotel in Edmunston from Wednesday, June 25 to Friday June 27, 2014.
A block of rooms has been set aside at Four Points Sheraton hotel in Edmunston for the 2014 AGM & Conference. Please make your reservation by calling the hotel directly at 1-506-739-7321 and quoting the following group code “The NB Association of CBDCs."
Look forward to seeing you in Edmunston in 2014!
CBDC Westmorland Albert Celebrates 25 years of providing support to Entrepreneurs
June 21, 2012 - Moncton, NB: On June 20th, the Community Business Development Corporation, (CBDC Westmorland Albert), hosted their 25th annual meeting at the Ramada Plaza, Crystal Palace, Dieppe, NB. Board Chairperson, Gloria Jollymore, presented cumulative figures, telling of a continuing and solid presence of support and access to capital for rural entrepreneurs. “During its 25-year history, the CBDC has disbursed more than $41 million in commercial loans and other financial programs to over 2100 businesses in that time, resulting in the creation or maintenance of over 4300 jobs in Albert and Westmorland counties”, said Ms. Jollymore.
“Last year alone, either through business loans or through the Self-Employment Benefits program, we helped 112 small businesses create or maintain 304 jobs in our region by disbursing over $2.8 million to Southeast entrepreneurs”, states Karen Robinson, Executive Director of CBDC Westmorland Albert. “Along with almost $6 million either invested by the entrepreneurs themselves or leveraged from other lenders, more than $8.8 million was injected into the local economy. These figures speak well to the effectiveness of the role that CBDC Westmorland Albert continues to play in supporting the growth of our business community.” “Our informal mission statement that we’re ‘In the Business of Building Businesses’ has worked very well, and assisting new and existing entrepreneurs, remains our first and foremost top priority. The results definitely show that our area is holding steady in today’s economical climate,” says Ms. Robinson.
“Our staff responded to over 2000 inquiries, had 621 monitoring calls or site visits to clients throughout the counties of Albert and Westmorland and provided training to 367 individuals. We also evaluated and presented 174 completed applications of which 112 were disbursed,” says Ms. Robinson.
In summation, Ms. Jollymore thanked each valued member of the CBDC Westmorland Albert team, and recognized the Atlantic Canada Opportunities Agency and the Department of Post-Secondary Education, Training and Labour for their continuing financial support and commitment.
The Board of Directors is a key part to the CBDC’s 25-year success, said Ms Jollymore. “They’re successful business people themselves who’ve made hard nosed decisions. They understand, because they’ve been there, that banks are sometimes tough on people starting out. They really want to help others out because they care about their communities as well.”
At this year’s annual general meeting, the following volunteer Board members completed their terms of service: Gloria Jollymore (Sackville), Caroline Cormier (Shediac), Darlene Teahen (Dorchester) and Robert Breau (Shediac).
Four new Board members were elected at the general meeting. They are: Ginette Glew (Dorchester), Nadine Hebert (Shediac), Jim Bateman (Shediac), and Danny Patterson (Sackville). Other members of the Board include Joanne LeBlanc Skyrie (Shediac), Ellen Pickle (Sackville), Gary Steeves (Albert County), Rob Harris (Sackville), Ted Cole (Port Elgin) and Mario Cormier (Cap-Pelé), Bob Cormier (Memramcook) and David Kitchen (Salisbury/Petitcodiac).
Community Business Development Corporation Westmorland Albert, founded in 1987, is a not-for-profit organization and provides financial assistance and training to small and medium-sized businesses residing in Westmorland and Albert counties. For more information call their office at (506) 532-8312 or visit online at www.cbdc.ca.
Pictured are: Karen Robinson, Executive Director CBDC Westmorland Albert, Caroline Cormier, former Board member (Shediac), Robert Breau, former Board member (Shediac), Gloria Jollymore, former Chairperson (Sackville) and Maxime Savard of ACOA.