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This fund is available to develop and diversify local economies in the Beaver River Community Futures Development Corporation region.
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Financial assistance may be provided by the Beaver River Community Futures Development Corporation to businesses:
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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
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that will predominantly employ local people
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that, in the judgment of the Corporation, will have a reasonable expectation of economic viability
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located in the Beaver River Community Futures Development Corporation region
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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.
