Venture Norfolk plays a local leadership role in delivering financial and consulting services to small and medium-sized enterprises.
Venture Norfolk, formerly the Norfolk District Business Development Corporation (NDBDC), is a Community Futures Development Corporation (CFDC) dedicated to helping communities throughout Norfolk County through the support of local businesses, entrepreneurs, and active involvement in community development initiatives.
Community Special Project Assistance
Venture Norfolk provides $15,000 to $20,000 annually in small grants to community groups involved in an activity of benefit to the broader community. Venture Norfolk grants usually do not exceed $5,000, with the average range between $1,500 and $2,000. Community groups or organizations have to provide at least the matching amount of the Venture Norfolk grant which should be made up of donated material, labour, or fundraising activities.
The primary role of Venture Norfolk is that of catalyst and facilitator, although significant Venture Norfolk staff time can be provided in the development of a strategy or funding proposal.