Type of Program:
Wakenagun CFDC’s Investment Fund - Business Enhancement Loan provides funding to businesses for marketing initiatives, promotional items, attendance at trade shows, staff training and certifications.
Comments on Funding:
Loan is up to $50,000.
A 10% cash equity is required.
The applicant will pay interest and other fees, if applicable. No repayment penalty is applicable.
Loan is repayable in 3 years.
When It Ends:
Applicants must submit:
Other Things to Note:
Wakenagun can provide financing up to a maximum of $150,000 from our Investment Fund in the form of a loan to start or expand a business with a well-documented business plan. These loans are non-forgivable.
The program guidelines are from 2016.