Community Futures Huron Innovation Loans
$250,000.00
Loan
Description:
Community Futures Huron’s Innovation Loans are designed to work with area manufacturers or ‘tinkerers’ to develop and commercialize new and better ways of doing things.
Comments on Funding:
Funding is up to $250,000:
– a 2% loan development and maintenance fee (to a maximum of $2,000) that is paid up front after the loan is approved.
Continuous Intake
Eligibility:
Applicants must:
1. be innovators;
2. be in Manufacturing Industry;
3. be in CF Huron’s service area.
Application Steps:
Applicants must complete the online application form and upload the required documentation.
Documentation Needed:
Applicants must provide/upload the following:
1. Completed Business Plan;
2. Past financial statements;
3. 12-month cashflow projection; and
4. Two pieces of ID.
Other Things to Note:
About the author
Maurice
