EDP Loan Program

The Entrepreneurs with Disabilities Program: a program to help business owners with disabilities

The Entrepreneurs with Disabilities Program is for people who have self-declared a disability and want to set up or expand a business. This program helps reduce barriers for northerners with disabilities.

Who can apply?

Applicants must have a disability that limits their ability to perform at least one of the basic activities of self-employment or entrepreneurship.

This is a not a grant. We will only consider loans, loan guarantees, or partnerships.

What are the conditions for loans?

  • All funding is repayable.
  • Interest rates are charged on loans (ranging from bank prime plus 2% to prime plus 6%)
  • The maximum amount that is available to any individual or business is $150,000.
  • Funding is dependent on the feasibility of the applicant’s business plan.
  • Business and personal collateral may be requested to secure the financing.
  • A minimum of 10% equity is required.

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:

  • determine eligibility,
  • complete application forms, and
  • prepare a business plan.

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

March 17, 2020

OFFICE CLOSED TO THE PUBLIC

*****The Community Futures North Central Development office is closed to the public until further notice, due to the COVID-19 (coronavirus).  Staff remain committed and will continue to provide quality service by phone and email.  Please contact us with any questions you may have.*****

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STAFF DIRECT CONTACT INFORMATION:

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Tim Johnston, Manager 

204-677-1492
tdj@northcentraldevelopment.ca

 

Tamy Burton, Administrative Officer 

204-677-1491
tburton@northcentraldevelopment.ca

 

Dennis Green, Business Development / SE 

204-677-1493
dgreen@northcentraldevelopment.ca

 

Laura Finlay, Community Development 

204-619-1871
lfinlay@northcentraldevelopment.ca

 

Michelle Pruder, Community Development Officer 

204-677-4124
mpruder@northcentraldevelopment.ca

 

Tammy Cober, Settlement Services Program

204-677-1495
tcober@northcentraldevelopment.ca