Community Futures Alberta — Financial Supports

Q: How much funding can be received?

Community Futures Alberta — Financial Supports Funds up to 150000% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the Community Futures Alberta — Financial Supports a grant, loan, or tax credit?

Community Futures Alberta — Financial Supports is a Loans and Capital investments

Q: Who are the financial supporters of the Community Futures Alberta — Financial Supports?

Community Futures Alberta — Financial Supports is funded by Prairies Economic Development Canada (PrairiesCan), Community Futures Alberta, Government of Canada

Q: Who is eligible for the Community Futures Alberta — Financial Supports program?

To be eligible for the Community Futures Alberta — Financial Supports program, you must: • The business must be a small business located in rural Alberta. • The applicant should be an entrepreneur seeking support for starting, buying, or expanding a business.

Q: Who can I contact for more information about the Community Futures Alberta — Financial Supports?

You can contact Prairies Economic Development Canada (PrairiesCan) or by phone at 403-851-9995.

Q: Where is the Community Futures Alberta — Financial Supports available?

The Community Futures Alberta — Financial Supports program is available the province of Alberta.

Q: Are startups eligible for the Community Futures Alberta — Financial Supports program?

Yes, startups are eligible to apply for the Community Futures Alberta — Financial Supports program.

Last Update: July 22, 2025

Cochrane, AB

Funding for rural SMEs in Alberta

At a glance

Eligible Funding

Max. $150,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Prairies Economic Development Canada

Community Futures Alberta

Government of Canada

Program status

Open

Overview

If you're a small business owner or entrepreneur, you could get a loan of up to $150,000 to start or grow your business

Financing terms and conditions

The Community Futures Alberta grant provides adaptable financing solutions to support small businesses in rural areas. It offers a range of loan options that cater to various business growth needs.

Flexible business loans are available for starting a new business, buying an existing business, or expanding into new markets.
Funding can be used for opening a franchise, investing in technology, or renovating an existing business.
Loans are available up to $150,000 with competitive interest rates and no hidden fees or penalties.

Activities funded

Starting a new business.
Buying an existing business.
Expanding into new markets.
Opening a franchise.
Investing in technology.
Renovating or upgrading business premises.

Examples of admissible projects:

$ 150,000

Opening a second bakery storefront with modernized equipment

$ 150,000

Expanding an organic beverage line into new markets

$ 75,000

Renovating a local coffee shop for a modern look

$ 150,000

Purchasing an existing bookshop to expand business

$ 150,000

Investing in smart farming technology for UrbanVeg

$ 120,000

Starting a new eco-friendly cleaning service

Eligibility

Eligibility for financial support through Community Futures is guided by specific criteria designed to assist small businesses in rural Alberta.

The applicant must be a small business or entrepreneur located in rural Alberta.
The business may be starting up, buying an existing business, expanding into new markets, opening a franchise, investing in technology, or renovating.
Applicants must be willing to engage with a local Community Futures office for guidance and support.
Loan requests can be made for amounts up to $150,000.

Who is eligible?

The Community Futures Network of Alberta provides flexible business loans specifically for small business owners and entrepreneurs in rural Alberta. These loans are available for starting or buying a business, expanding into new markets, opening a franchise, investing in technology, or refreshing a business's appearance. The program is designed for those who need financial support to grow their business, with a particular focus on helping businesses that might not qualify for traditional loans. Therefore, eligible applicants must be small business owners or entrepreneurs operating or planning to operate in rural Alberta.

Eligible expenses

This grant focuses on providing financial support for various business activities, particularly for small businesses in rural Alberta. Eligible projects and activities under this grant include initiating new business ventures or enhancing existing operations.

Starting a new business.
Buying an existing business.
Expanding into new markets.
Opening a franchise.
Investing in technology upgrades.
Giving your business a facelift through renovations or updates.

Eligible geographic areas

This grant is specifically targeted at rural areas in Alberta, ensuring alignment with the regional development goals of Community Futures Alberta.

Rural areas within Alberta, Canada.

Selection criteria

There are evaluation and selection criteria for this grant.

Flexible loan criteria
Wide variety of loan options
No hidden fees or penalties
Competitive interest rate

How to apply

Find Local Office

Locate your nearest Community Futures office in rural Alberta.
Contact the office to schedule a consultation or meeting with an advisor.

Consultation with Advisor

Attend the scheduled meeting to discuss your business needs and goals.
Gather information on available loan options and support services tailored to your situation.

Application Preparation

Complete your business loan application with guidance from the advisor.
Compile necessary documentation, such as business plans and financial statements, as required for the application.

Application Submission

Submit your completed application and any supporting documents to your local Community Futures office.
Ensure all forms are signed and properly filled out.

Follow Up

Maintain contact with your advisor for updates on the status of your application.
Be prepared to provide additional information if requested during the review process.

Additional information

Here are additional relevant details for this financial support program:

Community Futures has over 30 years of experience in guiding entrepreneurs in rural Alberta.
Offers free resources alongside loan and financial support.
Access to training sessions and one-on-one business mentoring is provided.

Contacts

403-851-9995

Cochrane, AB, Canada

Apply to this program

Frequently Asked Questions about the Community Futures Alberta — Financial Supports Program

Here are answers to the most common questions about the Community Futures Alberta — Financial Supports. 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.

What is the Community Futures Alberta — Financial Supports?

How much funding can be received?

What expenses are eligible under Community Futures Alberta — Financial Supports?

This grant provides financial support to small businesses in rural Alberta to help them start, grow, or transform their business operations. Eligible activities include business establishment, expansion, and technological investments. Starting a new business. Buying an existing business. Expanding into new markets. Opening a franchise. Investing in technology. Renovating or upgrading business premises.