Alberta Women's Economic Recovery - Capital Growth Initiative

Alberta Women's Economic Recovery - Capital Growth Initiative is sponsored by Alberta Government (administered by Community Futures Network of Alberta and Alberta Women Entrepreneurs). This opportunity supports mission-aligned projects and measurable outcomes.

Capital Growth Initiative | Community Futures Lesser Slave Lake Region Capital Growth Initiative Capital Growth Initiative Empowering women entrepreneurs to start or grow a business in Alberta. Offering low-interest business loans, advice and support. We believe in Women Entrepreneurs Offering flexible low-interest small business loans, ongoing support and advice for women entrepreneurs in rural Alberta.

Start or Grow Your Rural Small Business Whether you're just starting out, or looking for support to take your business to the next level, there are many challenges along the way and sometimes it feels like you're on your own.

Flexible Small Business Loans for Women Entrepreneurs Up To $10,000 Access low-interest loans designed specifically for women entrepreneurs, and offers flexible repayment options and forgivable loan portions if conditions are met. Apply for personalized financing of $10,000 giving you the freedom you need to reach your goals.

A Team of Experts By Your Side Grow your skills as a small business owner and receive ongoing support from local business experts in your community. Community Futures small business supports are tailored to fit your needs and schedule. Get access to trusted advisors that can help you gain the skills and training you need to start and grow your small business.

Connect with other local business owners and build your network. Access and explore resources and meet with a Business Advisor you can trust to talk about your business goals. Receive ongoing small business support and opportunities to develop your skills, manage your business and plan for the future.

We are the first stop for new entrepreneurs and existing small businesses in rural Alberta. Alberta Women’s Economic Recovery – Capital Growth Initiative Loan Our loan application process is broken down into 3 stages: Step 1: Submit an Eligibility Assessment Step 2: Complete the Loan Application* Step 3: Loan Application Review* Ready to start your eligibility assessment?

*Loan applications are subject to an Application Fee of $200. 00. Approved loans are subject to an Administration Fee of $500.

00. There is no fee to submit an Eligibility Assessment. Funds for this initiative are limited.

Full requested loan amount may not be available. Download Eligibility Assessment Submit Your Completed Eligibility Assessment What Makes This Loan Unique? Women entrepreneurs can apply for an unsecured conditionally repayable loan of 10,000.

​ Interest Rate of Prime + 2% for a 5-year term 6 months interest-only payments at the start of loan Forgivable 25% portion of loan amount if 75% is repaid within the 5-year loan term Flexible opportunities to manage loan repayments No penalties for early repayment and/or lump-sum payments Operating capital, equipment, leasehold improvements, inventory, non-owner salaries & professional fees.

Loan funds can not be used for debt repayment . Be a 50. 1% women-owned small or medium-sized business that is registered and located in Alberta Identify as a female entrepreneur Reside in the province of Alberta Be a Canadian Citizen or Permanent Resident Business is located in the Community Futures Lesser Slave Lake Region Have been unable to secure reasonable financing elsewhere.

As per the Terms and Conditions of the Community Futures Program, SMEs are defined as having less than 500 employees and annual sales revenue of less than $20 million, and produce goods and services for the market economy, regardless of their business structure (e.g. sole proprietorships, social enterprises, cooperatives, etc.) If your business is located in the urban or metropolitan areas of Calgary, Edmonton, St.

Albert or Fort Saskatchewan, please visit our partner organization: Alberta Women Entrepreneurs If you have any questions please feel free to reach out to our Business Analyst Robin-Lee Vance by phone or email. You can also book a meeting directly with the links below: E-mail: robin-lee@cflslr.

com New Client: Book A Meeting Existing Client: Book A Meeting Alberta Women’s Economic Recovery – Capital Growth Initiative Funded by the Government of Alberta, this initiative will provide $3 million in grant funding to the Community Futures Network of Alberta (CFNA) to increase access to capital through flexible low-interest small business loans and offer business advisory supports to women entrepreneurs in rural Alberta through a network of Community Futures locations.

We’re Here to Help! At Community Futures Lesser Slave Lake Region, we understand rural start-up businesses like no other. We come from the same community you live in.

We know what it’s like and we’re determined to make things work for you.