Northumberland Community Futures Development Corporation (Northumberland CFDC) – DELIA (2022)

  • This program is currently closed.


DELIA is an automated lending platform for women-owned and women-led innovation-driven enterprises located anywhere in Southern Ontario.

Comments on Funding:

Funding will take the form of loans of up to $15,000.
For approved DELIA loan recipients, additional lending solutions may be available in-house or by referral for amounts up to $250,000 or more.

Loan terms and conditions:

  • interest rates starting at 0% and no more than Prime plus 2%;
  • 12-24 month terms;
  • no prepayment penalty;
  • non-dilutive;
  • deferred payments in response to COVID-19;
  •  loan administration fee of 1.5%.


Academic institutions must:

  • be women-owned and women-led (a woman is, or women are, driving the direction of the business (for a minimum of one year) as Founder, Co-Founder, CEO, C-Suite Executive (e.g. CTO, CFO, COO, etc.), Owner-Operator, Principal, etc.; and/or the business is owned by a woman or women (combined) that have majority ownership (a minimum of 51% equity stake));
  • be innovative, for-profit corporations (as well as sole proprietorships) in the following sectors prioritized by the Government of Canada:
  • Advanced Manufacturing;
  • Agri-Food;
  • Health/Bio-sciences;
  • Clean Technology;
  • Digital Industries;
  • Resources of the Future (forestry, water, etc.).
  • be located anywhere in Southern Ontario;

Innovative ventures are typically engaged in bringing valuable new products and processes to market that fill a gap or address a need in a way that is fundamentally different from the existing competition, representing a technological leap forward. 

Applications Steps:

Documentation Needed:

Applicants should have handy for their online application the following:

  • scanned image file of your Passport or Driver’s License for identification;
  • Articles of Incorporation/Business Registration;
  • Business Bank Account online sign in information (username and password);
  • other online account sign in information (e.g. QuickBooks Online);
  • business performance metrics (e.g. income, expenses, gross margin calculation, etc.);
  • other documentation you may wish to include, such as a business plan (a concise document outlining major planning assumptions)

Other Things to Note:

Delia is a recently completed program that financed 52 women-owned and led businesses across Southern Ontario by developing an innovative new fintech product.

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