Large Scale or Joint Venture
Projects Program

Funding is available under this program for up to the lesser of $1,000,000 or 50% of the value of the total project costs. Minimum funding under this program will be $201,000. Projects funded under this program must be for-profit and commercially viable with total project costs in excess of $500,000. Priority will be given to, but not restricted to, higher-end value added projects.

Shares and debt will carry a rate of return to CCDF no less than 2% over Scotiabank prime rate and will be reviewed and adjusted on an annual basis.

No administration fee will be collected under this program, however, the applicant will be responsible for all related legal costs charged to CCDF to a maximum of $2,500 which will be deducted from the CCDF disbursement.

CCDF may include the shareholders as joint borrowers or guarantors depending on the nature of the funding instrument used.

Financial assistance will be in the form of:

  • common shares;
  • preferred shares;
  • convertible preferred shares;
  • convertible debentures;
  • mortgages and other forms of debt;
  • units in a limited partnership or joint venture for a period negotiated and set out in the partnership or joint venture agreement.

APPLICATION FOR CONTRIBUTION

PERSONAL FINANCIAL STATEMENT FORM