LAMBAC is a Community Futures Development Corporation (CFDC) sponsored by Innovation Science And Economic Development / FedNor, created to support small and medium-sized business and community economic development. LAMBAC supports businesses through small business loans and resources. The organization administers local investment funds to help finance new or existing small and medium sized business and social enterprises for start-up, expansion or stabilization that will maintain or create jobs.
LAMBAC is a one-stop source for information and guidance on starting, expanding and operating a business in the LaCloche Manitoulin region.
Whether you are an aspiring entrepreneur or existing business owner, we are here to help.
We provide the following services to help you succeed, free of charge:
We provide business advice and counseling to encourage the creation and expansion of local business ventures, thus providing employment opportunities.
Small Business Loans
LAMBAC supports the creation/maintenance of jobs in the business community through the investment/loan fund.
Community Economic Development
We work in cooperation with municipalities and local organizations on community economic development projects and activities.
LAMBAC or the LaCloche Manitoulin Business Assistance Corporation is a Community Futures Development Corporation, funded by Innovation Science And Economic Development / FedNor with a mandate to provide business resources to support business development, distribute small business loans, and support community economic development in our region. LAMBAC serves businesses in the area from Walford through to Nairn on Highway 17, from Espanola down Highway 6 through and including all of Manitoulin Island, and the municipality of Killarney.
Our vision is of a Northern Ontario economy thriving with successful businesses and industry.
|Our mission is to understand the needs of northern business owners, solopreneurs, CEO’s and industries and provide services that support their growth and prosperity.|