
Community Future Saskatchewan — Entrepreneurs with Disabilities Program
At a glance
- Max. $150,000
- Open Date : July 9, 2024
Overview
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.
Activities funded
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.
Eligibility
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.
Selection criteria
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
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.
Frequently Asked Questions about the Community Future Saskatchewan — Entrepreneurs with Disabilities Program Program
What is the Community Future Saskatchewan — Entrepreneurs with Disabilities Program?
How much funding can be received?
What expenses are eligible under Community Future Saskatchewan — Entrepreneurs with Disabilities Program?
What is the deadline to apply?
Is the Community Future Saskatchewan — Entrepreneurs with Disabilities Program a grant, loan, or tax credit?
Who are the financial supporters of the Community Future Saskatchewan — Entrepreneurs with Disabilities Program?
Who is eligible for the Community Future Saskatchewan — Entrepreneurs with Disabilities Program program?
Who can I contact for more information about the Community Future Saskatchewan — Entrepreneurs with Disabilities Program?
Where is the Community Future Saskatchewan — Entrepreneurs with Disabilities Program available?
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