Community Futures Development Corporations (CFDCs) deliver a variety of services to small businesses, including advisory services and financing.
With core funding assistance provided by Western Economic Diversification (WD), CFDCs take a grassroots approach to community and economic development with the primary focus on job creation in areas outside major urban centres.
There are 90 CFDCs across Western Canada. They are non-profit* corporations run by volunteer boards of directors, supported by salaried staff.
The mandate of the Community Futures Development Corporations is community and business development. Each CFDC delivers a variety of services ranging from:
A wide range of services and financing opportunities are available to small businesses and entrepreneurs at the local CFDC. In general, businesses seeking financing must:
Loans on commercial terms, equity financing, and loan guarantees are available through the CFDCs. Applications are assessed by the CFDC's local volunteer Board of Directors. Training and assistance on preparing business plans are also available at the CFDC offices.
CFDCs also deliver the Entrepreneurs with Disabilities Program, which provide loans of up to $150 000 to entrepreneurs with disabilities.
As each CFDC community is different, specific financing activities undertaken by each individual CFDC varies from community to community. For further information, contact the Community Futures Development Corporation in your area.
To find the CFDC that services your community, please visit WD's Business Service Network database or refer to the document specific to each province.
For more information, please visit the WD Web site or the Web sites of the Western Canada Community Futures Associations.
Note: "non-profit" also known as non-profit organizations, non profit organizations, not-for-profit organizations, voluntary organizations and volunteer organizations.
Alberta Contact(s):
Western Economic Diversification Canada
Suite 1500, Canada Place
9700 Jasper Avenue
Edmonton, Alberta
T5J 4H7
Telephone: 780-495-4164
Fax: 780-495-4557
Toll-free (information): 1-888-338-WEST (9378)
E-mail: info.alberta@wd.gc.ca
Web site:
http://www.deo.gc.ca/default_e.asp
British Columbia Contact(s):
Community Futures Development Association of BC
Suite 1056
409 Granville Street
Vancouver, British Columbia
V6C 1T2
Telephone: 604-685-2332
Fax: 604-681-6575
E-mail: info@communityfutures.ca
Web site:
http://www.communityfutures.ca/provincial/bc/index.html
Manitoba Contact(s):
Canada/Manitoba Business Service Centre
250 - 240 Graham Ave
P.O. Box 2609
Winnipeg, Manitoba
R3C 4B3
Canada
Telephone: 204-984-2272
Fax: 204-983-3852
Toll-free (information): 1-800-665-2019
TTY Toll-free (hearing impaired): 1-800-457-8466
E-mail: manitoba@canadabusiness.ca
Web site:
http://www.canadabusiness.ca/manitoba
Hours of operation: 8:00 a.m. to 5:00 p.m. Monday to Friday
Saskatchewan Contact(s):
Western Economic Diversification Canada
Room 601, S.J. Cohen Building
119 - 4th Avenue South
Saskatoon, Saskatchewan
S7K 3S7
Telephone: 306-975-4373
Fax: 306-975-5484
Toll-free (information): 1-888-338-WEST (9378)
E-mail: info.sask@wd.gc.ca
Web site:
http://www.deo.gc.ca/default_e.asp