Access to Capital

Through Government of Canada funding, CFDCs administer local investment funds to help finance new or existing small businesses and social enterprises for start-up, expansion or stabilization plans that help maintain or create jobs.

Repayable financing of up to $250,000 (until March 31, 2011) on commercial terms through loans, loan guarantees or equity investments is available when financing from other sources is insufficient.  All CFDC financing decisions are made at the community level by the local boards of directors.

Thunder Bay Ventures provides financial assistance to businesses in the Thunder Bay CMA through the following Access to Capital streams:

• Business Planning and Support Initiative (BP&SI)
• General Loan Fund
• Northwestern Ontario Investment Pool 
• PARO Peer Lending

Through Government of Canada funding, Thunder Bay Ventures provides access to capital for small business.