Community Futures is part of a national economic development program that supports small business and community economic development. We have been helping communities grow since 1975.
Present day: Our Community Futures Central Island office is a non-profit organization guided by a volunteer board of directors and staffed with business professionals to provide business loans, training and coaching, and access to expert resources for people wanting to start, expand, franchise or sell a business, and to owners of small- and medium-sized businesses throughout the central Island.
Present day: CFCI works in partnership with other business lenders, educational institutions, not-for-profits and community governments to grow and diversify our local economy.
1997: The Corporation’s long-time General Manager, Don McMillan dies. Don, had been the driving force behind the organization and had been on staff since the beginning.
1993 -1995: NCEAS and the Central Island Community Futures Committee merged to form the Central Island Community Development Society to provide services and expertise to the local community. The federal government’s Community Futures program funded approximately 30 offices in BC. When the federal government requested uniformity, all CF groups became incorporated Community Futures Development Corporations and the Community Futures Development Corporation of Central Island was born
1987 -1992: The federal Community Futures program was established and the Central Island Community Futures Committee was formed, the Community Futures program, a foundation for community economic development and a Self Employment Incentive program designed to assist unemployed people become business owners.
1984: A new federal initiative, the LEAD program was brought on stream adding administration funds and additional investment funds –all for investment and community employment development.
Local people finding local solutions to economic and employment problems in their communities had taken hold in Canada and the Federal Government decided that the activities pioneered by NCEAS were worth introducing across the country.
1979-1983: A Canada Employment and Immigration Commission $500,000 grant allowed NCEAS to become self-sustaining as a community based organization. NCEAS formed Colville Investments Corporation and provided it with investment funds to continue community based financial involvement
1975 to 1978: NCEAS initiated 34 new projects directed at increasing employment opportunities, enhancing employability and improving the use of existing resources. During this time, the concept of direct community based financial involvement in developing permanent jobs came about.
1975: The Nanaimo Community Employment Advisory Society (NCEAS) was formed under The Community Employment Strategy. The general objective was to open up employment opportunities for persons experiencing difficulty finding and keeping satisfactory employment.
Community Futures is funded in western Canada by Western Economic Diversification Canada