For those looking to start a small business or relocate an existing company to ensure it is positioned for continued growth, the Municipality of Strathroy-Caradoc offers competitive land values and tax rates, incentive programs, and a convenient location providing easy access to Highway 402 and close proximity to London, Sarnia, and US markets.
The community is proud of the close working relationship between the municipality, the local Chamber of Commerce, and the downtown Business Improvement Area that has resulted in successful business development. Please view the links below for the primary business development contacts for these organizations and additional information and resources related to starting a new business in Strathroy-Caradoc.
| Business Development Contacts |
|
The following primary contacts provide business owners with direct contacts to individuals that can assist with the process of establishing a business in Strathroy-Caradoc, and direct you to the resources needed to ensure success:
MUNICIPALITY OF STRATHROY-CARADOC Jennifer Huff, Director of Building & Planning, 52 Frank Street, Strathroy, ON N7G 2R4 519-245-1105 ext. 250 Heather Lalonde, Development Commissioner, 52 Frank Street, Strathroy, ON N7G 2R4 519-245-1105 ext.239
STRATHROY & DISTRICT CHAMBER OF COMMERCE Shaun McGill, Executive Director, 67 Front Street West, Strathroy, ON N7G 2R8
BUSINESS IMPROVEMENT AREA |
| Business Development Resources |
Community Futures Middlesex is a community based non-profit organization which is staffed by savvy business professionals who seek to encourage entrepreneurship and the pursuit of economic opportunities. Entrepreneurs and small business owners who are looking for grants or loans to start or expand a business, the Middlesex CFDC is an excellent resource. Todd Copeland, General Manager, 13187 Ilderton Road, Ilderton, ON N0M 2A0
The Small Business Centre is a not-for-profit organization that provides entrepreneurs with training and support necessary to start and grow successful businesses. The Centre is a one-stop source for information, guidance and professional advice on starting and running a successful business. Steve Pellarin, Executive Director, 379 Dundas Street, London, ON N6B 1V5
Community Employment Choices supports businesses and job seekers in meeting the labour market needs of Middlesex County, including Strathroy-Caradoc. Supports such as job training information, career planning, job searching, job placement opportunities and incentives as well as referrals to other community resources are all part of the services CEC provides. For businesses looking to expand and need assistance with recruitment and potential funding of new employees, the CEC is a great resource. Michele Sands, Job Developer/Business Advisor, 16B Second Street, Strathroy, ON N7G 3H8
The South Central Ontario Region is a regional partnership geared to providing planning and coordination for regional issues, implement regional economic development priorities, identify funding sources and to partner with other levels of government and act as a regional catalyst for investment. Kimberly Earls, Executive Director, 4 Elm Street, Tillsonburg, ON N4G 0C4
The Western Ontario Wardens Caucus is a not-for-profit organization that seeks to enhance the prosperity and overall wellbeing of rural and small urban communities. The WOWC advocates for key items such as infrastructure, transportation, long term care and broadband. Kate Burns-Gallagher, Executive Director
The Work in Middlesex initiative is another great resource for employers looking to start a business within Strathroy-Caradoc or hire more employees locally or from surrounding regions. The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The maximum loan amount for a borrower is $1.15 million. • Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs. • Up to a maximum of $150,000 for lines of credit. Learn more about the program at www.canada.ca/csbfp. |
For information on funding opportunities and resources available to your business, please contact the Municipality.