Regular Loan Program

Business Investment Fund

The Business Investment Fund is open to any individual, parternship or corporation located or intending to locate in the North Central Region of Manitoba.

Who can apply?

All business proposals will be considered, but certain sorts of businesses may be given priority. The number of new and permanent jobs created by the proposed business will be taken into account.

Community Futures North Central Development will only consider:

  • loans,
  • loan guarantees, or
  • equity participation.

What are the conditions for loans:

This is not a grant.

  • All loans must be repaid within five (5) years of the date of issue.
  • Interest rates will range from bank prime plus 2% to prime plus 6%.
  • The maximum loan is $150,000.
  • The level of funding will depend on the feasibility of the applicant’s business plan.

How to apply:

The staff at Community Futures North Central Development will help you apply. A copy of the CFNCD Loan Application is available in the download section on top right of page.

They will help you:

  • to complete application forms, and
  • to prepare a business plan.

The Business Development Committee will review all applications. The Board will either approve or reject the application.

 

July 6, 2010

"Challenges Create Solutions" 2010 Community Futures Conference

Community Futures North Central Development is proud to assist Community Futures Westman in planning the annual Community Futures conference.  This year the conference will take place Sept. 23 to September 25, 2010 at the Keystone Centre in Brandon, Manitoba.