ELNOS

Phone: 705.848.0229

Fax: 705.848.1539

Toll Free: 1.800.256.7299

Tuesday, 19 May 2020 00:00

ELNOS Updates re: COVID-19

 

The ELNOS building remains open, but please call the business you wish to visit before coming to the building to make yourself aware of any office closures or precautionary measures. The ELNOS Office on the 3rd floor is open and will be staffed on reduced hours; however we are closed to walk-in traffic. If you need to speak with someone, please call the office at 705-848-0229 (toll free: 1-800-256-7299) or email William Elliott at This email address is being protected from spambots. You need JavaScript enabled to view it.. Thank you for your patience and understanding,

-The ELNOS Team


 

Business Survey re: Covid-19 Concerns

To better understand your concerns as a business and to help direct you to the appropriate assistance programs, please take a moment to fill out the following survey:

www.surveymonkey.com/r/ELBRTF

 


 

FedNor Funding Through CFDC

To our valued partners across Northern Ontario, 

Across our region, the COVID-19 pandemic has had a significant impact on small businesses and those who rely on them. Recognizing they are the backbone of our economy, the Government of Canada has implemented a series of concrete and tangible measures to help them retain their employees, pay rent and get capital to pay bills.

Central among these initiatives is the new Regional Relief and Recovery Fund (RRRF.) Delivered by FedNor and the other Regional Development Agencies across the country, the RRRF is a special fund to support businesses and organizations affected by COVID-19 who are unable to qualify for other assistance.

The RRRF will help to address gaps left by other measures as part of Canada’s COVID-19 Economic Response Plan, and complement those already provided by other levels of government, as well as take into account regional needs and realities. Its immediate, concrete help will be tailored to businesses’ unique needs, relieving pressures and helping them pay employees and cover costs. In the months to come, it will position them to play a meaningful role in our economic recovery.

A total of $49.5 million has been allocated in support of Northern Ontario businesses and organizations, and will be allocated through two funding streams. 

Regional economy stream in Northern Ontario

FedNor is delivering $24 million of this RRRF investment through its Regional Economic Growth through Innovation program. Eligible applicants include businesses (such as incorporated companies, corporations or co-operatives,) Indigenous organizations (like Indigenous/First Nation/Métis Settlement-owned businesses,) as well as various not-for-profit entities. The RRRF will support a variety of costs or activities to help SMEs and not-for-profit organizations stay solvent over a period of six months and/or begin preparing for recovery beyond the COVID-19 pandemic. The full details are now available on the FedNor website.

Community Futures stream in Northern Ontario

FedNor is partnering with Northern Ontario’s 24 Community Futures Development Corporations (CFDCs) to deliver $25.5 million in RRRF support directly to small businesses and entrepreneurs in rural areas. This includes sole proprietorships or partnerships not covered under the Regional Economy stream. Each CFDC is managing its own application and selection process in accordance with the parameters set out in the RRRF, and will determine ultimate funding recipients in accordance with its own policies and procedures.

To find out more about RRRF funding available through this stream, contact your local CFDC or consult this CFDC directory.

To ensure widespread distribution across Northern Ontario, I strongly encourage you to share this email broadly across your networks using member or client mailing lists, as appropriate. In particular, please share it with any businesses you know that have applied for other COVID-19 emergency supports and were deemed ineligible or declined.

Thank you for helping us get the message out.

Aime Dimatteo 

Director General 

FedNor

 


 

Media Release from Sault Ste Marie Innovation Centre

Algoma Partners Launch Coronavirus Resources Hub and Online Map
Sault Ste. Marie, ON - In partnership with the City of Sault Ste. Marie, the Sault Ste. Marie Innovation Centre and Algoma Public Health launched an online hub featuring local COVID-19 resources and a map displaying a summary of services for facilities in the Sault Ste. Marie and Algoma region. Supported by the Sault Ste. Marie Innovation Centre's Acorn Information Solutions division, the website identifies locations that are open, lists their contact information and hours of operation, as well as flags any restrictions or service limitations that are in place to protect community health (e.g. noting senior citizen hours, facilities operating only by phone appointments etc.) Facilities that are shown on the website include:
 
Grocery stores
Pharmacies
Banks
Primary Care Centres
Food Banks, Meals on Wheels, Serving Kitchens
Municipal Offices
COVID-19 Assessment Centres
 
The Sault Ste. Marie and Algoma Region Response Hub website also feature third party resources tracking COVID-19 cases, other local updates, and reliable information regarding the COVID-19 coronavirus. "This HUB is a great resource for all 21 communities in the Algoma region. Many partners came together across the district, including all Community Emergency Management Coordinators to help put this site together," said Nicole Lindahl, public health inspector and emergency management coordinator for the Algoma district at Algoma Public Health. Essential businesses that fit within the categories mentioned above that would like to add their information to the website can do so by filling out a request form located on the website.Visit the Algoma Region Coronavirus Response Hub website at: https://coronavirus-sault-algoma-response-cityssm.hub.arcgis.com/ 

 

Assistance for Businesses

A list of Federal resources can be found here: https://www.canada.ca/en/department-finance/economic-response-plan.html#business

Provincial resources and information can be found here: https://www.ontario.ca/page/stopping-spread-covid-19

East Algoma Community Futures Development Corporation (EACFDC):

To supplement the financing offers from the Federal government being administered by the banks and BDC, the EACFDC is offering special loans to businesses that are currently being affected by the crisis to assist with their management and recovery.

These loans are offered at 0% interest and without repayment until September 23, 2020. Following that, the loans will be financed at an additional 18 month term at prime interest (currently 2.45%). Once the 18 month period has passed, outstanding balances on these loans revert to normal EACFDC interest rates (currently at 6.5%).

Applicants must show that the recession currently underway has negatively impacted their revenues. Funds can be used for such things as working capital, bridge financing, seizing new opportunities, and diversifying offerings. Loans in this program would not normally exceed $50,000, and have an accelerated approval process if less than $25,000. 

For all inquiries regarding this new program, please contact Bill Goulding at (705) 849-9837 or email him at This email address is being protected from spambots. You need JavaScript enabled to view it.

 


 

 

ELNOS Office Update re: COVID-19

The ELNOS building remains open, however, for all inquiries to the ELNOS office on the 3rd floor, please email or call the office at 705-848-0229 or toll free: 1-800-256-7299. For inquiries relating to all other offices in the building, including the Family Health Team, please call before coming to the building to make yourself aware of any office closures or precautionary measures. Thank you for your patience and understanding,

-The ELNOS Team

 

Business Resources: COVID-19

Many businesses are being affected by the COVID-19 outbreak, so we would like to share some resources compiled by EDAC and AWIC to help you through this challenging time. BDC is also offering a free webinar on March 25th at 12PM.

 

·     Government of Canada – Canada’s COVID-19 Economic Response Plan

·     Government of CanadaCOVID-19 Outbreak update

·     Government of CanadaCOVID-19 Resources for Canadian Businesses

·     Canadian Chamber of Commerce - COVID-19 Updates

·     World Health OrganizationCOVID-19 Update

 

1.  Visit the website for businesses for information about supporting your employees and your business. It will be constantly updated as the COVID-19 crisis evolve.

2.  Download the Canada Business App to find tailored supports to address your specific needs and questions about COVID-19.

3.  Consult the Canadian Chamber of Commerce’s pandemic preparedness guide to help prepare you business in the days and weeks to come.

4.  Contact your bank. Canada’s banks have made a commitment to support businesses and individuals through these difficult times in a responsible, fair, and compassionate way. To help provide some stability for businesses through this time of uncertainty, the Office of the Superintendent of Financial Institutions (OSFI) is lowering the Domestic Stability Buffer requirement, releasing more than $300 billion of additional lending capacity for Canadian financial institutions.

 

UPDATES ON COVID-19

Information on Covid-19 in Algoma - Algoma Public Health
http://www.algomapublichealth.com/disease-and-illness/infectious-diseases/novel-coronavirus/

If you haven’t already, you can also signup for updates via email here:
http://www.algomapublichealth.com/disease-and-illness/infectious-diseases/novel-coronavirus/contact-us/

Learn how the Ministry of Health is helping to keep Ontarians safe during the 2019 Novel Coronavirus outbreak. Find out how to protect yourself and how to recognize symptoms.
https://www.ontario.ca/page/2019-novel-coronavirus

SUPPORTING LOCAL BUSINESS

Here's how you can support local businesses during COVID-19 pandemic.
https://www.sootoday.com/local-news/heres-how-you-can-support-local-businesses-during-covid-19-pandemic-2174108

Coronavirus is hurting small businesses. Here’s how to help.
https://globalnews.ca/news/6688839/how-to-support-local-businesses-during-coronavirus/

EMPLOYMENT INSURANCE

How to apply for EI sickness benefits and the new emergency worker fund.
https://www.ctvnews.ca/health/coronavirus/how-to-apply-for-ei-sickness-benefits-and-the-new-emergency-worker-fund-1.4858089

WORKING FROM HOME

This Guide has been put together by Tamarack Institute to highlight the benefits of remote work, address the challenges and to provide guidelines for making remote work successful.
https://www.tamarackcommunity.ca/hubfs/3%20Tamarack%20Remote%20Guide.pdf

Some good tips to consider for remote meetings.
https://blog.techsoup.org/posts/8-tips-for-holding-virtual-meetings-during-the-covid-19-pandemic

LEADERSHIP

In fast-moving and uncertain situations, many leaders face questions they may not even have answers to. You need to communicate early and often with your key constituencies throughout a crisis.
https://hbr.org/2020/03/communicating-through-the-coronavirus-crisis

Leadership in a crisis: Responding to the coronavirus outbreak and future challenges.
https://www.mckinsey.com/business-functions/organization/our-insights/leadership-in-a-crisis-responding-to-the-coronavirus-outbreak-and-future-challenges


 

 

A Note from the ELNOS office re: COVID-19

The ELNOS building remains open, though many businesses within the building are taking various precautions in light of current events. We encourage you to contact the office you intend to visit in advance of travelling to the building to make yourself aware of any closures or precautionary measures being taken at this time. The Family Health Team has posted the following message for their patients:

Due to the current situation with COVID-19 we are encouraging all patients to stay home and help stop the spread of illness. All non-essential appointments will be cancelled -- this includes ear syringe and most injections. You will receive a call from one of our staff very soon. Where possible, our physicians and staff will connect with their patients using the telephone or other virtual methods. Please contact the clinic if you feel you need to be seen. DO NOT go to the Emergency Room unless it is an emergency. We appreciate your patience with us while we work through this.

 

ELNOS Communities

 
 
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