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Lethbridge County Business Loan Program

 

For Immediate Release


February 1, 2018


Lethbridge County Announces Partnership with Community Futures Lethbridge Region for Business Improvement Loan Program


LETHBRIDGE- Lethbridge County is pleased to announce a partnership with Community Futures Lethbridge Region to offer a Business Improvement Loan Program. Eligible Lethbridge County businesses will be able to apply for interest free loans up to $10,000 to make improvements or upgrades to their business at a low cost.
“This program is a great way for Lethbridge County to support businesses in our region,” said Reeve Lorne Hickey, “Encouraging growth of local business is important to our economy and we are proud to team up with Community Futures Lethbridge Region for this wonderful initiative.”
“We are very happy to be partnering with the Community Futures Lethbridge Region team to provide meaningful support to County businesses that are looking to grow and enhance their operations,” said Lethbridge County Economic Development Officer Martin Ebel. “This new program is a great example of regional cooperation and a win for everyone involved.”
Examples of eligible improvements for loans include: business equipment, information technology, new/upgraded equipment to enhance business/production operations, signage, point of sale systems, energy efficiency upgrades leading to lower operating costs, landscaping, etc.
For full details on the program or to apply, please visit http://lethcounty.ca/business/business-improvement-loan-program.
 

 

Build Your Dream

The Chinook Challenge is an opportunity to build on your dream. It is a business plan writing competition designed and targeted toward new or existing business (individuals or teams) who have a sustainable and high-growth business idea. Through the program you will gain business skills, write your business plan, get feedback on your ideas from regional professionals, network with key people including other entrepreneurs like yourself and have a chance at winning cash and prizes!

For more information and to register please visit the website: www.chinookchallenge.com

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 third intake accepted Oct. 1, 2017, and ending Nov. 30, 2017.

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 third one beginning on Oct. 1, 2017, and ending Nov. 30, 2017.

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

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

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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, 

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