Beaver River Community Futures – Financing

Amount:

$150,000

Type:

Grant

Description:

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.

Comments on 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.

Deadline:

Continuous Intake

Eligibility:

Applicants must be businesses:

1. 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
2. That, in the judgment of the Corporation, will have a reasonable expectation of economic viability
3. Located in the Beaver River Community Futures Development Corporation region

Application Steps:

Applicants must:

1. Apply online thru the program website.
2. Or contact the following for further details:

Meadow Lake

Box 2678, 106-1st Street East
Meadow Lake, SK S9X 1B6
Phone: (306)236-4422
Fax: (306)236-5818
Email: beaverriver@sasktel.net

Buffalo Narrows

Box 128, 1314 Peterson Avenue
Buffalo Narrows, SK S0M 0J0
Phone: (306)235-4745
Fax: (306)235-4787

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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