OTTAWA, 5 Nov. 2014 /CNW/ - The Economic Developers Council of Ontario (EDCO) is pleased to announce a new partnership agreement with the Business Development Bank of Canada (BDC).
"This partnership makes sense to both parties," stated EDCO CEO Heather Lalonde. "Both EDCO and the BDC are engaged in local communities with the clear mandate of creating wealth."
EDCO and BDC will work together to deliver programming to EDCO members to enhance the capacity of economic development professionals and increase their skill level through development of curriculum over the next year.
"At BDC we believe in partnering with organizations that actively support entrepreneurship," said Shaun Rath, Regional Director, Strategy Implementation at BDC. "This initiative will increase our joint impact in rural communities across Ontario by providing entrepreneurs with timely access to the financial and advisory resources needed to succeed."
The Economic Developers Council of Ontario is an independent not-for-profit association of professional economic developers. Its membership comes from across the province and boasts almost 1,000 members. Founded in 1957 as the Ontario Industrial Developers Council, its name was changed in 1991 to reflect the broadened mandate of its members.
Canada's business development bank, BDC, puts entrepreneurs first. With almost 2,000 employees and more than 100 business centres across the country, BDC offers loans, consulting services, growth and business transition capital, securitization, as well as venture capital to more than 30,000 small and medium-sized companies. Their success is vital to Canada's economic prosperity. www.bdc.ca
SOURCE: Economic Developers Council of Ontario (EDCO)
For further information: Heather Lalonde, CEO, Economic Developers Council of Ontario Inc., (613) 931-9827, [email protected]; Maria Constantinescu, BDC, Senior Advisor, Public Relations, (514) 496-7146, [email protected]