Beaver River Community Futures – Financing
Beaver River assists small town and rural businesses in the Northwest of Saskatchewan start, expand and grow
The Beaver River Community Futures Corporation was established in 1988, and the Beaver River Business Development Corporation in 1989. In 1994, these two corporations merged into what is now the Beaver River Community Futures Development Corporation (BRCFDC). Today, we serve 46 communities in northwest Saskatchewan, in an area covering 120,000 square kilometres.
Our core funding, investment capital and special funds are provided by the Federal Government through Western Economic Diversification Canada. This support is part of the Government of Canada’s commitment to Community Futures Development Corporations in Saskatchewan.
Offered by Beaver River Community Futures Development Corporation (BRCFDC)
Amount
Up to $150,000 (total financial aid to any business at any time)
Quick eligibility check
Who can apply
Applicants must be businesses:
- In which the principals have or will have a financial involvement to a degree that the Corporation deems reasonable in relation to the principals’ own wealth and to the funding requirements of the venture that will predominantly employ local people
- That, in the judgment of the Corporation, will have a reasonable expectation of economic viability
- Located in the Beaver River Community Futures Development Corporation region
About the funding
The total amount of financial aid that may be provided to any business at any time shall not exceed $150,000 however we are able to work with other financial institutes to assist us with other larger loan requirements.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Aboriginal Entrepreneurship Program: Access to Capital | Grant | Individual Indigenous entrepreneurs may receive up to $99,999 in funding assistance and eligible Indigenous community businesses may receive up to $250,000 (non-repayable equity contribution | Open |
| Business Improvement Grant | Grant | Up to 50% of the project budget (the applicant finances the remaining 50%+ from other sources) | Open |
| Economic Development Initiative (EDI) in the Prairie provinces | Grant | PrairiesCan is investing $3.2 million through the EDI over 5 years for projects (total programme envelope | Open |
| AgriScience Program – Projects | Grant, In-Kind Support | Up to $5 million per project and $10 million per applicant over the program's duration (2023 to 2028) | Open |
