Please review this eligibility checklist to determine if your venture is a strong fit prior to applying:

• All owners/applicants must be Canadian citizens or landed immigrants
• At least one owner/applicant is a resident of Creston & District
• At least one owner/applicant can demonstrate experience or schooling in the sector in which you are working, or seeking start-up investment
• If an existing venture, able to provide a comprehensive business plan with most recent financial statement and 2 year financial projections
• If a start-up venture, able to provide a well-researched and well-developed business plan with 2 year financial projections
• Clearly demonstrate business case and economic viability, achieving profitability within 3 years
• Business or guarantor able to show the ability to repay the full loan within the maximum term (60 months) and willing to provide a personal guarantee
• Appropriate permits and insurance are researched or in place
• Full disclosure of any issues that could impact eligibility
• The venture must clearly show how it will:

• Encourage economic development in Creston & District; and/or
• Improve a social issue faced in Creston & District; and/or
• Advance environmental sustainability in Creston & District; and/or
• Enhance local agri-food sector in Creston & District.

Environmental Solutions

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