Hil­lier’s Garage wins busi­ness award

CBDC re­ports record year for lend­ing in Trin­ity Con­cep­tion re­gion

The Compass - - ORTHTE - BY TERRY ROBERTS THE COM­PASS

CBDC is an acro­nym for Community Busi­ness De­vel­op­ment Cor­po­ra­tion, and there are 15 in this prov­ince. The cor­po­ra­tions pro­mote eco­nomic de­vel­op­ment through busi­ness loans, coun­selling and train­ing.

Charles Adams of Har­bour Grace is chair­man of the cor­po­ra­tion’s vol­un­teer board of di­rec­tors, and proudly noted that CBDC Trin­ity Con­cep­tion ap­proved a record $1.4 mil­lion in loans dur­ing 2011-12, an in­crease of 113 per cent over the pre­vi­ous year. The 19 loans helped cre­ate 18 full-time and three part-time jobs. “It’s been a tremen­dous, mar­vel­lous year,” Adams stated dur­ing his ad­dress to those at­tend­ing the AGM at the cor­po­ra­tion’s of­fice on In­dus­trial Crescent.

The loans are used to ei­ther start or grow a com­pany in the 72 com­mu­ni­ties served by CBDC Trin­ity Con­cep­tion.

Roseanne Leonard, manag­ing di­rec­tor for the New­found­land and Labrador As­so­ci­a­tion of CBDCs, said some $16 mil­lion in loans was dis­persed throughout the prov­ince in 2011-12.

She de­scribed that as “an amaz­ing num­ber,” since CBDCs only serve ru­ral ar­eas.

“We’re help­ing start and ex­pand more busi­nesses than ever,” she said.

An of­fi­cial with the At­lantic Canada Op­por­tu­ni­ties Agency (ACOA), Nancy Rob­bins, said 2011-12 was the most suc­cess­ful year to date for CBDC loan dis­burse­ments in the prov­ince.

ACOA is the lead fund­ing agency for the CBDC, which has 41 cor­po­ra­tions throughout At­lantic Canada.

Some other part­ners in­clude the pro­vin­cial Depart­ment of Ad­vanced Ed­u­ca­tion and Skills, Mariner Re­source Op­por­tu­ni­ties Net­work Inc. (MRON), and the New­found­land and Labrador Or­ga­ni­za­tion of Women En­trepreneurs (NLOWE).

On the Web: http://cbdc.ca/

The owner of Hil­lier’s Garage in Green’s Har­bour, Aaron Hil­lier, has been awarded the 2012 CBDC Trin­ity Con­cep­tion Busi­ness Award of Dis­tinc­tion.

The pre­sen­ta­tion was one of the high­lights of the CBDC Trin­ity Con­cep­tion an­nual gen­eral meet­ing, held in Car­bon­ear on Oct. 16. In ac­cept­ing the award, Hil­lier said he was not ex­pect­ing to win. “I just do what I do best,” Hil­lier said, a ref­er­ence to his com­mit­ment to oper­at­ing his busi­ness.

Hil­lier’s Garage has been in op­er­a­tion for some 34 years, and was es­tab­lished by Aaron’s fa­ther. Aaron took over the busi­ness in 2010.

Hil­lier’s Garage was one of two fi­nal­ists for the 2012 award. The sec­ond fi­nal­ist was Karen Dur­fey, owner of Rip­ple Trail Farm in Mark­land, near Whit­bourne.

CBDC Trin­ity Con­cep­tion has been hon­our­ing lo­cal en­trepreneurs with this award since 2007. The award rec­og­nizes con­tri­bu­tions to the econ­omy, job mar­ket and the community at large. Other cri­te­ria in­cludes oper­at­ing suc­cess, sales and fu­ture growth po­ten­tial.

The 2011 award went to Paul Col­bert, a phar­ma­cist and for­mer owner of Col­bert’s Re­tire­ment Cen­tre Lim­ited in Old Per­li­can.

Record growth

ed­i­tor@cb­n­com­pass.ca

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