The Venture Centre Local Investment Fund

Amount:

$750,000.00

Type:

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.

Deadline:

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.

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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