Latest news

2017 Chinook Entrepreneur Challenge will award over $60,000 this year.

 

 

Welcome to the Chinook Entrepreneur Challenge

This year's Challenge posted record results: 28 Partners, 170 Participants 240 Volunteer Hours!

Over $60,000 in cash and in kind prizes awarded to this year's winners! 

 

Click the logo for full details.

 

New support to create jobs, attract investment, diversify local economies

The Minister of Economic Development and Trade just announced the Community and Regional Economic Support (CARES) program.  Please link here to News Release. This anticipated economic development funding program is part of the Jobs Plan Budget that was announced this spring.   This grant program can be applied for through two streams: the community economic development stream; and the regional economic development stream.

  • The community economic development stream projects are those that build local economic development capacity and strengthen local approaches to improve economic conditions. They begin at $10,000 and fund up to 50 per cent of the project’s value. 
  • The regional economic development stream projects are those that reflect a collaborative approach between communities and supportive partners to achieve a positive regional impact based on a shared economic vision for the future. They begin at $25,000 and fund up to 50 per cent of the project’s value. 

The program guidelines can be found here: http://economic.alberta.ca/documents/CARES-program-guidelines.pdf

The CARES Program will have three grant application intake periods with the first one beginning on Oct. 1, 2016, and ending Nov. 30, 2016.

For more information on program eligibility criteria and how to apply, visit the CARES program webpage

The Minister of Economic Development and Trade just announced the Community and Regional Economic Support (CARES) program.  Please link here to News Release. This anticipated economic development funding program is part of the Jobs Plan Budget that was announced this spring.   This grant program can be applied for through two streams: the community economic development stream; and the regional economic development stream.

  • The community economic development stream projects are those that build local economic development capacity and strengthen local approaches to improve economic conditions. They begin at $10,000 and fund up to 50 per cent of the project’s value. 
  • The regional economic development stream projects are those that reflect a collaborative approach between communities and supportive partners to achieve a positive regional impact based on a shared economic vision for the future. They begin at $25,000 and fund up to 50 per cent of the project’s value. 

The program guidelines can be found here: http://economic.alberta.ca/documents/CARES-program-guidelines.pdf

The CARES Program will have three grant application intake periods with the first one beginning on Oct. 1, 2016, and ending Nov. 30, 2016.

For more information on program eligibility criteria and how to apply, visit the CARES program webpage

Southern Alberta Women in Business

Welcome 

Organize  

Mentor   

Educate  

Network

Southern Alberta Women in Business is dedicated to create a culture of education, mentorship and networking opportunities supporting women in all areas and stages of business.

follow WIB on Facebook

What If?

Community Futures sees major increase in business loans

Lethbridge– May 13, 2013  – Community Futures Lethbridge Region has seen a 43 per cent increase in its loan portfolio over the last year, according to the latest provincial Community Futures results report.

CFLR was fifth out of 27 Alberta Community Futures offices in terms of money loaned out to local businesses in the past year. In total, CFLR lent out almost $1.3 million in 42 loans to entrepreneurs in the area. The loans helped to create, maintain or expand 133 jobs and brought the total CFLR investment in local business to $3.5 million.

“These numbers are an excellent measuring stick for the success of Community Futures as a means of creating jobs and supporting small business in our area,” says CFLR chairman Henry Doeve. “It’s also a testament to the excellent staff at CFLR and their commitment to making small business dreams become a reality. A 43 per cent increase in investment is just amazing, much larger than the provincial average. That’s money that’s going to work for people right here in our community.”

Darlene Sinclair, general manager of CFLR, says some of the success can be attributed to new loan programs, including Business Improvement Loans with Lethbridge, Raymond, Coalhurst, Coaldale and Picture Butte in which the municipality– or, in Lethbridge’s case, the Heart of the City/Business Revitalization Zone - pays the loan interest up front.

“In Lethbridge, our loans are specifically for businesses in the Downtown BRZ area,” says Sinclair. “In the outlying smaller communities, the loans are based on needs that have been identified by the various councils of those municipalities.”

In addition to business loans, CFLR also gave out plenty of free advice to aspiring entrepreneurs in the area. More than 200 people took advantage of the free training offered by CFLR and almost 500 one-on-one meetings took place, an average of almost two a day, every day. CFLR also offers lines of credit and term loans.

“We’re not just building businesses,” says Sinclair. “We’re building business people.”

Doeve says the numbers for last year have set the bar high for coming years, and he expects big things from CFLR going forward.

“The mandate is in the name.” says Doeve. “We’re building the future of our communities. We’re here to foster economic growth and development, and these numbers show that’s exactly what we’re doing. The board is made up of members from each community, so we all get a chance see the economic benefits on a regular basis. ”

Interviews with people who have benefitted from CFLR services in the past year can be scheduled upon request.

For more information, please contact:

Henry Doeve, CFLR Chairman

403-382-0263

Darlene Sinclair, CFLR General Manager

403-320-6044

? Top

Get in Touch

Community Futures Lethbridge Region
2626 South Parkside Drive
Lethbridge, AB T1K 0C4

403-320-6044

Our newsletter

Submit your email address to receive periodic updates.

Message Us

Communities Served

Barons, 
Blood Band Reserve, 
Broxburn, 
Coaldale, 
Coalhurst, 
Del Bonita, 
Diamond City, 
Iron Springs, 
Kipp, 
Lethbridge, 
Magrath, 
Monarch, 
Nobleford, 
Raymond, 
Shaughnessy, 
Spring Coulee, 
Stand Off, 
Stirling, 
Tempest, 
Turin, 
Welling, 

Share

Facebook icon
Twitter icon
Google icon
Pinterest icon
LinkedIn icon
e-mail icon