CANtrade™

Q: How much funding can be received?

CANtrade™ Funds up to 150000% of admissible expenses.

Q: What is the deadline to apply?

The deadline to apply is 2025-10-31T23:59:59Z.

Q: Is the CANtrade™ a grant, loan, or tax credit?

CANtrade™ is a Loans and Capital investments

Q: Who are the financial supporters of the CANtrade™?

CANtrade™ is funded by Nventure

Q: Who is eligible for the CANtrade™ program?

To be eligible for the CANtrade™ program, you must: • For-profit business, not a subsidiary of a foreign entity • Existing and viable business located and operating in Northumberland • Can normally provide operational/financial statements for past three years

Q: Who can I contact for more information about the CANtrade™?

You can contact Nventure or by phone at 1-888-670-1191.

Q: Where is the CANtrade™ available?

The CANtrade™ program is available the province of ON.

Last Update: July 29, 2025

ON, Canada

Flexible financing supporting Northumberland business growth and market expansion

At a glance

Eligible Funding

From $5,000 to $150,000

Timeline

Open Date : June 1, 2024
Closing date : October 31, 2025

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

CANtrade™ offers flexible business loans up to $150,000 to support companies in Northumberland seeking growth amid economic challenges. Eligible activities include market expansion, supply chain diversification, production capacity enhancement, investment in technology, and applied R&D with commercialization potential.

Financing terms and conditions

Flexible funding from $5,000 to $150,000 per eligible business project.
Interest rates from prime to prime +2%.
Repayment terms up to 60 months.
First 6 months require interest-only payments.
A 1% loan administration fee is applied upon approval.

Activities funded

Expansion into new markets within Canada and internationally.
Diversification and strengthening of supply chains.
Increasing production capacity to meet new or growing demand.
Implementing business development and marketing initiatives.
Enhancing operational efficiency and competitiveness in the face of economic change.

Examples of admissible projects:

$ 88,900

Launching eco-friendly cleaning products in international markets

$ 69,900

Supply chain diversification for local specialty coffee roastery

$ 81,800

Implementing lean manufacturing for local aerospace component maker

$ 129,000

Expanding frozen meal lines for national grocery distribution

$ 99,500

Commercialization of eco-packaging prototype for food processors

$ 85,500

Upgrading carpentry workspace for large-scale public projects

Eligibility

The applicant must be a for-profit business (not a subsidiary of a foreign entity).
The business must be established, viable, and located in Northumberland.
The applicant should normally be able to provide operational/financial statements for the past three years.
The applicant must be eligible for the Northumberland Community Futures Program.
The project must demonstrate how the investment will unlock business opportunities based on the current business environment.

Who is eligible?

For-profit businesses based and operating in Northumberland, Ontario
Existing and viable enterprises (not subsidiaries of foreign entities)

Who is not eligible

Subsidiaries of foreign entities.
Non-profit organizations (however, they may be eligible under a different program, not CANtrade™).
Companies not located or operating in Northumberland.

Eligible expenses

Diversification of supply chain costs.
Expenses related to expansion into new Canadian or international markets.
Investments to increase production capacity to meet new demand.
Costs to improve operational efficiency and achieve cost savings.
Professional services fees (consulting) that support eligible business objectives.
Investments in localization, such as certification, legal requirements, labeling, testing, and adaptation of content, products, or services to specific languages and cultures.
Expenses related to applied research and development (R&D) with short-term commercialization potential.

Eligible geographic areas

Northumberland County, Ontario
Renfrew County, Ontario (through SADC of Renfrew County)
Peterborough, Ontario (through SADC of Peterborough)

Selection criteria

Strategic justification of how the project aligns with CANtrade™ objectives.
Demonstration of how the investment will unlock commercial opportunities in the current economic environment.
Assessment of plans for business stabilization and growth.
Evaluation through a competitive process and industry-standard due diligence.

How to apply

Review application guide and prepare

Review the Community Futures Program (CFP) Application Guide on the portal
Gather information about your business and the CANtrade™ loan

Register and select the program

Create your business profile on the Reviewr portal
Select the Community Futures Program option during registration

Indicate interest in CANtrade™

Indicate your interest in the CANtrade™ loan when prompted in the application

Submit justification and answer questions

Provide a brief strategic justification describing how your business and project align with CANtrade™ objectives
Answer specific questions regarding your business situation and future plans

Review and submit application

Review your application for completeness
Submit the application through the Reviewr portal

Await results from Nventure

Wait for assessment and results from Nventure

Additional information

Existing clients in good standing may be considered for similar flexibility on a case-by-case basis.
If approved, a 1% loan management fee is applied.
General liability and property insurance must be maintained for the duration of the loan and proof provided if requested.
Funding decisions are made at the sole discretion of Nventure and are subject to competitive assessment and industry-standard due diligence.

Contacts

1-888-670-1191

Apply to this program

Frequently Asked Questions about the CANtrade™ Program

Here are answers to the most common questions about the CANtrade™. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.