Amount:

No Fixed Amount

Type of Program:

Loan


Description:

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

  1. 1
    strategic community planning and socio-economic development;
  2. 2
    support for community-based projects;
  3. 3
    business information and planning services;
  4. 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.


When It Ends:

Ongoing

Deadline:

Not specified

Eligibility:

Applicant must:

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

Applicants must check the eligibility criteria specific to each CFDC.

Applications Steps:

1

Applicants must check the technical application steps with the CFDC in their area.

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:

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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