Starting your Business

Where do businesses succeed? Wherever the right conditions come together - and in Asphodel-Norwood, those conditions are here.

If you’re ready to bring your ideas, skills, and ambition to a supportive community, the Township of Asphodel-Norwood is ready to partner with you. Whether you’re launching a new venture or expanding an existing one, we’re here to help you connect with the resources and opportunities you need to succeed.

While you may be a leader in your field, you won’t be alone. Asphodel-Norwood is home to a diverse and growing business community with strengths in agriculture, transportation, resource-based industries, tourism, recreation, and retail.

Why Asphodel-Norwood? Location Matters

Strategically located along one of Ontario’s key transportation corridors, the Township offers strong connectivity and infrastructure:

  • Provincial Highway 7, part of the Trans-Canada Highway, runs through the heart of the community

  • The Canadian Pacific Railway parallels Highway 7, supporting efficient goods movement

  • The Trent-Severn Waterway connects local recreational boating to broader national and international routes

  • Telecommunications infrastructure continues to expand to meet the needs of modern business

A Community Committed to Growth

The Township is committed to strengthening the local economy by supporting job creation, encouraging entrepreneurship, and promoting sustainable economic development.

If you see yourself as someone with a vision - ready to build something meaningful in a welcoming and forward-thinking community - Asphodel-Norwood offers the ideal place to live, work, and grow your business.

Learn more about regional economic development opportunities in the Kawarthas:
https://thekawarthas.ca/contact-us/

Incentives and Funding Programs

Visit the Government of Canada's website to get a personalized list of government financing programs for your business based on your financing needs, your location and your industry. 

The provincial government and the Ministry of Agriculture, Food and Rural Affairs work together to provide a set of funding programs that support good jobs, attract investment, and help the agri-food industry make an even greater contribution to Ontario's economic success. 

The Peterborough County Economic Development and Tourism Team is dedicated to fostering a vibrant and resilient business environment. They support the lower-tier municipalities and work closely with local entrepreneurs, national investors, and international partners to ensure the County is positioned for sustainable, inclusive, and future-focused growth.

What They Do

They support, guide, and collaborate with businesses at every stage - from start-ups and expansions to new market entrants and global investors. The team offers:

  • Business Retention & Expansion (BR+E):
    One-on-one support for local businesses to help them grow, overcome challenges, and seize new opportunities.
  • Strategic Investment Support:
    Working in collaboration with Invest Ontario, Invest in Canada, and regional partners to attract, align, and facilitate investment in key sectors.
  • Local Advantage Program:
    A region-wide initiative that provides networking, mentorship, and programming to strengthen local businesses and connect them with critical resources.
  • Collaborative Partnerships:
    They work with Community Futures Peterborough, the Peterborough & the Kawarthas Chamber of Commerce, and municipal and First Nation partners to build supportive business ecosystems.
  • Post-Secondary Collaboration:
    In partnership with Trent University, Fleming College, and Seneca’s School of Aviation, they help align programming and graduates with the needs of our priority sectors, ensuring a strong local talent pipeline.
  • Sector Intelligence & Advocacy:
    They monitor market trends, economic shifts, and policy developments to remain agile, responsive, and effective advocates for the business community.
  • Tourism and Experience Development:
    They support tourism operators, agri-tourism, and experience-based businesses that define Peterborough County’s unique visitor economy.
Contact Economic Development

Mon – Fri 8:30 am – 4:30 pm
P: 705-743-0380 Ext. 2600
1-800-710-8586
ecdev@ptbocounty.ca
12 Queen St. 
Lakefield, ON K0L 2H0

Service Ontario provides numerous online business services to help with your business start-up.

Contact Us

Township of Asphodel-Norwood
2357 County Road 45
Norwood, ON K0L 2V0
P: 705-639-5343
F: 705-639-1880