Adding Value to Your Waterfront Property
“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.” says Peter Drucker, "the founder of modern management."
Cottage Docks Inc., established 2003, demonstrates this innovation. Constantly creative & innovative, their main objective is to provide a dock system that is specific to your needs and that adds to the value of your property
by providing high quality waterfront products such as boat lifts, docks and accessories.
Cottage Docks Inc. has been a client of Community Futures Development Corporation of North & Central Hastings and South Algonquin (CFDC) since 2012. In 2015, Cottage Docks Inc. owner, James Train saw an opportunity in the market for a better option for docking personal watercraft. The existing norm was to simply tie the watercraft off to the side of the dock. Train worked to develop a better solution.
Cottage Docks Inc. Offers Innovative Docking Solution for Personal Water Craft Owners
Train developed a new product that becomes part of the existing docking system that protects the watercraft and rider when leaving or docking. He created a floating dry dock system that you just drive on and roll off that attaches and blends into your existing floating dock. With the support of CFDC who provided advice and financing including a non-repayable contribution through the Eastern Ontario Development Program (EODP), Cottage Docks Inc. was successful in taking a product idea from concept to production and to market. Cottage Docks Inc. offers a great system for docking of the Personal Water Craft (PWC) Port. Jim Etmanski, CFDC Chair, says that “Innovation and job creation are alive and well in North Hastings. This project is just what we are looking for in support of business expansion into new markets through innovation.”
Today Cottage Docks Inc. have 2 years under their belts with this new product and this is what the Company Owner has to say about how CFDC assistance accelerated the business expansion: “The PWC Port, a seamless transition from floating dock to drive on PWC Float Port with convenient walk off, was just a great idea at one point in time. But with a strong push with existing suppliers and the funding help from Community Futures the idea turned into a reality. The extra funding from Community Futures no doubt pushed the project into the market place and now has started a life of its own that will continue to generate revenue and jobs three-fold. Of course, the trials and tribulations were inherent of a first-year new project start up but importantly they seemed to be ironed out with additional improvements on the way.” James Train, Owner
The Board and Staff of CFDC of North & Central Hastings and South Algonquin congratulate Cottage Docks Inc. on their innovation in product development and their success in bringing the PWC Port to market. For more information, visit www.cottagedocks.com.
Do you have an innovative idea that will strengthen and enhance your business? Contact CFDC today to see how we can help!
Community Futures Development Corporation of North & Central Hastings and South Algonquin (CFDC) is a community based, non-profit organization run by a board of local volunteers and staffed by professionals who encourage entrepreneurship and the pursuit of economic opportunity leading to jobs, growth and prosperity. Offering a variety of products and services to promote small business growth and community economic development, CFDC works to strengthen and enhance the economy one business at a time. Today, the CFDC celebrates success of our clients in rural innovation.