LAMBAC (LaCloche Manitoulin Business Assistance Corporation) is a community-based non-profit corporation which has worked to help the LaCloche Manitoulin region prosper throughout our twenty year existence.
We are a Community Futures Development Corporations (CFDCs) sponsored by Industry Canada / FedNor created to support small and medium-sized business and community economic development. LAMBAC administers local investment funds to help finance new or existing small business and social enterprises for start-up, expansion or stabilization that will maintain or create jobs.
Communities themselves are best equipped to make decisions affecting their futures. Therefore LAMBAC employs local staff and is governed by a volunteer board of directors made up of business and community leaders chosen to represent the community at large.