How much funding can be received?

Funds up to 150000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Community Future Saskatchewan — Entrepreneurs with Disabilities Program

Q: What are Community Future Saskatchewan — Entrepreneurs with Disabilities Program's eligibility criterias?

An individual with a self-declared disability or health condition. Must have a viable business idea.

Last Update: January 24, 2025

SK, Canada

Loans and advice for rural Saskatchewan entrepreneurs with disabilities

Community Future Saskatchewan — Entrepreneurs with Disabilities Program at a glance

Eligible Funding

Max. $150,000

Timeline

Open Date : July 9, 2024

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Community Futures Saskatchewan

Status

Open

Overview of the Community Future Saskatchewan — Entrepreneurs with Disabilities Program program

Get one-on-one business consultations and access to loans to help you start or grow your business.

Financing terms and conditions

This program offers tailored financial support for rural entrepreneurs with disabilities in Saskatchewan, focusing on enhancing business viability and sustainability through repayable loan options.

Loans of up to $150,000 provided for small and medium-sized viable business ideas.
Loans are repayable, indicating a structured repayment plan is in place for borrowers.

Eligible projects & activities

The Community Future Saskatchewan - Entrepreneurs with Disabilities Program offers support to rural Saskatchewan entrepreneurs with disabilities. Eligible activities are aimed at business development and growth, with access to consultations and financial aid.

One-on-one business consultations to discuss and address individual business needs.
Development and assistance in creating comprehensive business plans.
Access to business resources and support for small and medium-sized enterprises.
Availability of repayable loans up to $150,000 for viable business ideas.

Examples of admissible projects:

$ 45,000

Develop an accessible mobile app to assist people with visual impairments in navigating urban environments

$ 25,000

Launch an eco-friendly cleaning service targeting households and small businesses

$ 45,000

Create a mental health support center offering affordable therapy sessions and workshops

$ 35,000

Start a job placement agency for people with disabilities, focusing on remote work opportunities

$ 30,000

Expand a local bakery to offer gluten-free options and hire additional staff

$ 35,000

Establish a community co-op for local artisans to sell their handmade crafts online

Eligibility criteria of the Community Future Saskatchewan — Entrepreneurs with Disabilities Program program

Eligibility for this program requires meeting certain criteria related to disability status and business viability.

The applicant must have a self-declared disability or health condition.
The applicant must be located in rural Saskatchewan.
The applicant must have a viable business idea.
The applicant can be in the process of starting a business or aiming to grow an existing business.

Who is eligible?

This program is open to anyone with a viable business idea who has a self-declared disability or a health condition.

Who is not eligible

There are specific types of companies that are not eligible for this grant.

Companies not operated by individuals with self-declared disabilities or health conditions
Companies with business models that do not align with the grant's criteria

Eligible expenses

This grant provides essential resources and financial support to entrepreneurs with disabilities in rural Saskatchewan. It focuses on empowering individuals by offering tailored consultations and access to loans for business activities.

One-on-one business consultations for entrepreneurs planning to start or expand their businesses.
Assistance with business plan development to ensure successful business strategies.
Access to business resources provided by Community Futures organizations.
Opportunity to apply for small and medium-sized business loans up to $150,000 for viable business ideas.

Eligible geographic areas

This grant supports rural entrepreneurs with disabilities in Saskatchewan, aiming to foster business development and growth in specified areas.

Rural regions within the province of Saskatchewan, Canada.

Eligibility criteria of the Community Future Saskatchewan — Entrepreneurs with Disabilities Program program

The selection criteria for projects needing loans and consulting under this program are focused on ensuring the business's viability and alignment with the program's goals.

Viability of the business idea for obtaining loans up to $150,000.
Entrepreneur's self-declared disability or health condition for eligibility.
Potential for starting or growing a business in rural Saskatchewan.

How to apply to the Community Future Saskatchewan — Entrepreneurs with Disabilities Program program

Initial Inquiry

Visit the program's website to gather detailed information about the services and loans offered.
Determine if this program suits your business needs and eligibility criteria.
Note any contact information if you need further clarification before applying.

Connect with EDP

Express your interest by reaching out through the provided contact form.
Fill in required details such as your name, email, phone, and location.
Briefly describe your business or business idea in the "Tell Us About Your Business" section.

Request Consultation

After submitting your interest, await contact from EDP representatives to schedule a one-on-one business consultation.
Prepare any business documents or questions you might have for this consultation session.

Develop a Business Plan

Work with the EDP’s business advisors to develop a comprehensive business plan if required.
Utilize available resources and templates provided by the program to refine your plan.

Prepare Loan Application

Gather necessary documents such as financial statements, projections, and your completed business plan.
Ensure all documents comply with the requirements for loans from Community Futures organizations.

Submit Loan Application

Submit your loan application to your local Community Futures office.
Include all supporting documents as outlined during consultations and on the Community Futures website.
Prepare for any follow-up requests or additional information from the loan officers.

Follow-up and Confirmation

Keep track of your application status by maintaining communication with the Community Futures office.
Respond promptly to any requests for additional information.
Once your loan is approved, confirm the terms and conditions before final acceptance.

Additional information

Here are additional relevant details for this program:

The program offers support for both starting and expanding businesses.
Community Futures organizations provide significant networking opportunities alongside financial support.
Clients can access tailored advice taking into account their unique needs and challenges.
Repayment terms for loans can be customized based on the business viability and requirements.