The Venture Centre Local Investment Fund
$750,000.00
Loan
Description:
The Venture Centre’s Loan Investment Fund offers a repayable financing to assist new or existing small businesses with start-up, expansion or stabilization plans to individuals who live in its catchment area.
Comments on Funding:
Funding is a loan of up to $750,000.
Continuous Intake
Eligibility:
Applicants must:
1. be individuals with a business idea;
2. be new businesses;
3. be existing businesses;
4. be seeking alternative funding sources yet unavailable;
5. have viable businesses that will contribute to the local economy;
6. be in the Venture Centre’s catchment area.
Application Steps:
For more details about this program, and its application process, applicants must contact the Venture Centre / Le Centre de développement:
Phone: 705-360-5800
Toll Free: 800-966-9461
Facsimile: 705-360-5656
admin@venturecentre.on.ca
Documentation Needed:
For details about the documentation requirements, applicants must contact the Venture Centre / Le Centre de développement:
Phone: 705-360-5800
Toll Free: 800-966-9461
Facsimile: 705-360-5656
admin@venturecentre.on.ca
Other Things to Note:
Their program’s description stated $750k, but in their application form, it’s $250K.
About the author
Maurice