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Trenval Business Development Corporation held its Annual General Meeting at the Quinte Business Development Centre, Belleville, ON, reporting on its 32nd year proudly supporting local business featuring guest speaker, local entrepreneur, Dianna Cairns of Polish Salon and Spa, a Belleville company who has captured the essence and modernization the full-service experience. Presentations followed by local dignitaries including MPP Todd Smith and Quinte West Mayor, Jim Harrison.
The AGM also seen Adam Hannafin of Tyendinaga Township become the new Chair and a recognition of Amber Darling’s 25 years of employment with the organization. There was a review of Trenval’s solid financial statements and a year in review presented by Amber Darling, Executive Director.
“We are proud and honoured to support local businesses through a variety of services that contribute to the economic growth of the Bay of Quinte area. Trenval and Small Business Centre staff are very professional and dedicated to assisting start-up and expanding business. They, along with our Board of Directors are a dynamic team!”
During the past year, Trenval supported 30 businesses that were unable to obtain financing from conventional sources with $1.9 million. These businesses contributed to the local economy with 220 jobs created/maintained. Since inception, the volunteer board of directors has governed the organization and impacted more than 4,300 jobs and invested more than $36 M through its investment fund. Additional sustainable self-employment impact is through their advisory and counselling services.
Trenval recognized retiring Chair, Glen LeClair and incoming Directors Carol MacDonald and James O’Shea. The Trenval Board of Directors give an average of 6 hours a month each in support of the organization.
“Looking to start, expand or transition a business?” “Looking to start, expand or transition a business?” Trenval’s committed, proactive service has been supporting individuals and business within the Quinte region with loans and advisory services since 1987. With support from the Government of Canada through the Federal Economic Development Agency for Southern Ontario, Trenval encourages entrepreneurship and provides small business services encompassing all industry sectors to sustain employment in our region. Its business counselling and well-known flexible client focused financing services have contributed to the success of countless local businesses. “We Grow Jobs!”
To download the full report please click here