Business Loans

Need money and other help?

Local, provincial, and federal sources provide business loans and other kinds of help.

Local programs

Community Futures (Strathcona) offers resources for small business, loans, and a North Island Self Employment Program. Sign up for the newsletter! Get information on sources of funding and support for social, economic, and environmental community development initiatives in BC. Get direct contact information for programs.  Resource example: a 3-page document, Checklist for Starting a New Business.

Business Resources from the Comox Valley Economic Development Society

Comox Valley Chamber of Commerce has a wealth of resources.

Clients at the Union Bay Credit Union may be eligible for small loans.

The Vancouver Island Community Investment Cooperative (VICIC) “works to create a more vibrant economy on Vancouver Island and the Gulf Islands that maximizes social, environmental and economic benefits for local communities while being respectful of natural ecological limits.” VICIC also “creates and manages community impact investment funds, and provides related services.”

BC-wide programs

Targeted Wage Subsidies is an employment program that provides employers with financial assistance towards wages of eligible individuals whom they hire. The program encourages employers to hire eligible individuals whom they would not normally hire in the absence of a subsidy. A provincial government initiative.

Women’s Enterprise Centre Offers micro loans.

Small Business Profile in British Columbia – 2018 Highlights

BC Jobs Plan – Learn about BC’s economic development plan

Small Business BC A non-profit organization providing information about British Columbia Business Start Up programs and development assistance.

Starting a Small Business in BC A resource  compied by the BC government

Get a grant to improve the skills of your employees: the B.C. Employer Training Grant (ETG) is ” is delivered by the Province of British Columbia and is funded by the Government of Canada through the Workforce Development Agreement (WDA).”

Federal Government programs

Canada Business – Search the database of government services for entrepreneurs including information about grants, loans and financing

Environment Canada – Community Action Programs

Human Resources and Skills Development Canada (HRSDC) – works with key apprenticeship stakeholders, including provincial and territorial governments, to ensure an adequate supply of skilled trade workers and to enable them to practice their trade anywhere in Canada.

Canada Small Business Financing Program (CSBFP) – helps small and medium-sized enterprises access financing

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