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Business Planning Initiative

Economic Partners locally administers the Business Planning Initiative (BPI). The BPI is a tool designed to assist a small business or entrepreneur in covering the costs associated with the business plan developed by professionals. The applicant is expected to be actively involved in the work in order to have a good understanding of the final product.

Eligible applicants are private sector for-profit businesses in the Sudbury-East and West Nipissing area, who require assistance in finalizing their business plan, and can demonstrate that they have both the ability and resources to implement their proposal should the business plan results be positive.

Applicants are expected to exercise good judgment when selecting their consultant; the selected consultant should be a member in good standing of a professional organization with standards of conduct, but in every instance four references for the chosen consultant will be required.

  • Business Planning Initiative (BPI)
    • Economic Partners Sudbury East/West Nipissing Inc. can loan up to $5,000 to assist with the costs of a qualified arms-length consultant; total support will never exceed 90% of the consultant's costs and will be based on demonstrated need. This loan is reimbursed once the business has started.

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