COVID-19, the Prescott-Russell Chamber of Commerce receives $5,000 from Desjardins

On March 12, 2021, Desjardins donated $5,000 to the Prescott-Russell Chamber of Commerce to help meet the demands caused by the COVID-19 pandemic. This Eastern Ontario association of local businesses and entrepreneurs, which provides support and knowledge, received a grant from the Desjardins’ momentum fund to help support local businesses in their growth and economic recovery, as well as to help protect jobs that have been weakened by the pandemic.

The Momentum Fund set up by Desjardins in 2019 consists of financial assistance equivalent to 25% of the cost of projects, up to a maximum of $ 10,000. This fund is primarily intended for Desjardins members who submit a request for financial assistance under the following categories: innovation, business succession planning, access to foreign market, investment in talent, investment in energy-saving equipment. Following the COVID-19 crisis, new categories of projects have been added to support our companies to help them with the continuity of their activities. “Desjardins is proud to support its businesses in order to ensure the continuity of their business model. Desjardins Ontario Credit Union has an envelope of $ 270,000 of the Momentum Fund to support businesses in 2020 and 2021.’’ said Gabriel Godin, Director, Business Development for Desjardins Ontario Credit Union.

For more information on the Desjardins’ Momentum Fund, please consult: https://www.desjardins.com/ca/momentum-fund/index.jsp