Community Futures Program (CFP)

By mmuise
Description:

CFDCs are dedicated to helping small and medium sized businesses access services and capital, as well as enhancing their community’s economic and employment growth through community-based planning and economic development initiatives.
CFDCs offer the following services:
1. strategic community planning and socio-economic development;
2. support for community-based projects;
3. business Services and Counselling;
4. business Loans up to $150,000 ($300,000 on exception).


Comments on Funding:

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

Loan terms and conditions are specific to each CFDC.

Deadline: Continuous Intake
Eligibility:

Applicants must usually be:

  • small and medium sized businesses;
  • in Canada’s rural areas.
    Applicants must check the eligibility criteria specific to each CFDC.
Application Steps:

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.

About the author
mmuise