Community Futures Development Corporations (CFDCs) in Ontario – Community Futures Program (CFP) (2022)

Description:

CFDCs offer a wide variety of programs and services supporting community economic development and small business growth:

  1. strategic community planning and socio-economic development;

  2. support for community-based projects;

  3. business information and planning services;

  4. access to capital for small- and medium-sized businesses and social enterprises. CFDC’s provide loans to businesses for which traditional financing is either insufficient or not available.

Comments on Funding:

Funding will take the form of loans. Loan amounts vary for each CFDC and are usually up to $150,000 or $300,000 on exception.

Loan terms and conditions are specific to each CFDC.

Eligibility:

Applicant must:

  • small businesses;
  • in Canada’s rural areas.

Applicants must check the eligibility criteria specific to each CFDC.

Applications Steps:

Documentation Needed:

Applicants must check the documentation with the CFDC in their area.

Other Things to Note:

Through FedDev Ontario, the Government of Canada provides funding, advice and support. There are 61 CFDCs across Ontario and 269 CFDCs across rural Canada.

Testimonials:

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