[et_pb_section fb_built=”1″ _builder_version=”4.16.1″ background_color=”#4B4B4D” background_image=”https:\/\/canada.coop\/wp-content\/uploads\/Lettre-oo-cmc.png” background_blend=”multiply” custom_padding=”40px|0px|40px|0px|true|false” animation_style=”fade” animation_duration=”1200ms” animation_delay=”100ms” global_colors_info=”{}”][et_pb_row _builder_version=”4.16.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||false|false” animation_style=”slide” animation_direction=”top” animation_intensity_slide=”3%” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16.1″ custom_padding=”0px||0px||true|false” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.18.0″ text_font=”||||||||” header_font=”|700||on|||||dotted” header_text_align=”center” header_text_color=”#FFFFFF” header_font_size=”40px” header_line_height=”1.3em” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||0px||true|false” custom_padding=”9px||1px||false|false” animation_style=”fade” header_font_size_last_edited=”off|desktop” locked=”off” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” background_image=”https:\/\/canada.coop\/wp-content\/uploads\/circle-background-pattern.png” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.3″ _module_preset=”default” custom_padding=”||0px|||” global_colors_info=”{}”]<\/p>\n
Canadian co-operatives should be able to access the right financing opportunities to help them achieve their projects and to support their local community. Co-operatives and Mutuals Canada (CMC) works tirelessly to defend the interest of Canadian co-operatives and to increase their accessibility to diverse financing programs.<\/p>\n
CMC encourages you to contact your local credit union or caisse by searching the Canadian Credit Union Association (CCUA<\/u><\/a>) and the Desjardins Group<\/a> lists.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][dsm_text_divider header=”Organizations that provide Financing for Co-operatives” _builder_version=”4.27.3″ _module_preset=”default” header_level=”h2″ global_colors_info=”{}”][\/dsm_text_divider][et_pb_text _builder_version=”4.27.3″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n If your organization can provide funding to co-operatives through grants or investments, we encourage you to complete this short form to be included in the CMC list below.<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/canada.coop\/en\/organizations-providing-funding-to-co-ops\/” url_new_window=”on” button_text=”Fill Out the Form to be Part of That List” button_alignment=”center” _builder_version=”4.27.3″ custom_button=”on” button_text_color=”#D8531D” button_border_width=”4px” button_border_color=”#D8531D” button_border_radius=”100px” button_letter_spacing=”2px” button_font=”|700||on|||||” button_icon=”E||divi||400″ button_icon_color=”#D8531D” animation_style=”zoom” animation_duration=”1300ms” animation_delay=”250ms” button_text_color_hover=”#ffffff” button_border_color_hover=”#ffffff” button_letter_spacing_hover=”2px” button_bg_color_hover=”rgba(0,0,0,0)” locked=”off” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”on|hover” button_text_color__hover=”#D8531D” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”on” button_border_color__hover=”#D8531D” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”on” button_letter_spacing__hover=”2px” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”rgba(0,0,0,0)” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off” button_icon_color__hover_enabled=”on|hover” button_icon_color__hover=”#D8531D”][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” background_color=”#f8f8f8″ global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][dsm_text_divider header=”Loans and Grants from the Federal Government” _builder_version=”4.27.3″ _module_preset=”default” header_level=”h2″ global_colors_info=”{}”][\/dsm_text_divider][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.27.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_toggle title=”GRANT AND FUNDING PORTAL” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.canada.ca\/en\/government\/grants-funding.html” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Looking for governmental funding opportunities? We invite you to consult the\u00a0<\/span>Grants and Funding Portal<\/a>\u00a0from the Government of Canada.\u202fNote that when the criteria specify \u201cfor-profit\u201d or \u201cnon-profit\u201d, the federal government classifies co-operatives that give patronage dividends to members as \u201cfor-profit\u201d. You will be able to find funding aligned with your industry and your objectives. If you struggle accessing the funding programs, please contact\u00a0<\/span>Daniel P. Brunette<\/a>, Senior Director, External Affairs.\u00a0<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”CANADA SUMMER JOBS” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.canada.ca\/en\/employment-social-development\/services\/funding\/canada-summer-jobs.html” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Canada Summer Jobs (CSJ) from the Government of Canada provides wage subsidies to employers to create quality summer work experiences for young people aged 15 to 30 years.<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” background_image=”https:\/\/canada.coop\/wp-content\/uploads\/circle-background-pattern.png” global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][dsm_text_divider header=”Grants for Co-operatives” _builder_version=”4.27.3″ _module_preset=”default” header_level=”h2″ global_colors_info=”{}”][\/dsm_text_divider][et_pb_toggle title=”CO-OPERATIVE DEVELOPMENT PROGRAM (CDP)” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.cooperators.ca\/en\/about-us\/sustainability\/social-impact\/co-operative-development-program” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n This program brings together grants dedicated to emerging and expanding co-operatives offered by\u00a0<\/span>Co-operators<\/span><\/a>, a CMC member, and a leading Canadian financial services co-operative.<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”FOUNDATION FOR THE DEVELOPMENT OF CO-OPERATIVES IN THE OUTAOUAIS ” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.4″ _module_preset=”default” link_option_url_new_window=”on” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n The Fondation is first and foremost an endowment whose mission is to promote and support the development of a co-operative economy. It provides financial support for initiatives in the Outaouais region. Members of the Fondation are primarily Outaouais co-operatives that contribute to the endowment. Individuals can also become members by contributing to the endowment.<\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][dsm_text_divider header=”Loans and Investments Funds for Co-operatives” _builder_version=”4.27.3″ _module_preset=”default” header_level=”h2″ global_colors_info=”{}”][\/dsm_text_divider][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_toggle title=”THE CANADIAN CO-OPERATIVE INVESTMENT FUND (CCIF)” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/ccif.coop\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Established by CMC, the Canadian Co-operative Investment Fund (CCIF) bridges the gap faced by co-operatives and mutuals; the difficulty of accessing capital without having to compromise autonomy. CCIF is a $25 million alternative financing source that provides loans, equity, and quasi-equity to co-operatives across Canada.<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”VERGE Capital” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/vergecapital.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n VERGE Capital supports local economies and communities across Southwestern Ontario by investing in social enterprises that put people and planet first. Co-operatives from Ontario are welcome to apply for a loan.<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”THRIVE IMPACT FUND” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/thriveimpactfund.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Thrive Impact Fund invests in non-profits, co-operatives and for-profit social enterprises in and to the benefit of BC communities. Thrive provides flexible debt financing in the form of bridge financing, term loans and revenue based financing, between $50,000- $500,000. Organizations must be able to demonstrate at least one year of commercial revenue or an acquisition of an asset.\u00a0<\/span>Thrive also offers peer group and quarterly check-in support.\u00a0<\/span><\/p>\n Learn more<\/span><\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”THE WOMEN\u2019S ENTERPRISE ORGANIZATIONS OF CANADA NATIONAL LOAN PROGRAM (WEOC)” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/weoc.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The\u00a0Women\u2019s Enterprise Organizations of Canada<\/a>\u00a0National Loan Program is designed to support women-owned start-ups and majority women-owned companies in expansion. The loan is up to $50,000, requires no collateral, and is independent of the applicant\u2019s credit rating.<\/p>\n In Ontario, the program is supported by PARO, a non-profit organisation that supports women entrepreneurs and business owners, by offering business counselling, training, programs to help businesses scale and export. It also provides business planning support for the Women\u2019s Enterprise Organizations of Canada (WEOC) National Loan Program.<\/p>\n Some co-operatives may be eligible to apply for this loan. Each case will be evaluated independently.<\/p>\n For more information please contact Lead Regional Coordinator Ren\u00e9e Gendron\u00a0parobizeast@paro.ca<\/a>\u00a0in you are in Ontario and if not, click down below.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”COMMUNITY FORWARD FUND” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/communityforwardfund.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The Community Forward Fund is a fund that provides innovative financing to community organizations across Canada. The Fund provides loans to non-profit organizations and social enterprises to enable them to deliver long-term community benefits.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”FAIR FINANCE FUND” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.fairfinancefund.org\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Fair Finance Fund is a not-for-profit social finance fund. It provides loans and mentoring services to agricultural and food businesses that value local food, community prosperity and the health of the planet.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”CAISSE D’\u00c9CONOMIE SOLIDAIRE” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/caissesolidaire.coop\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The Caisse d’\u00e9conomie solidaire is Quebec’s leading financial cooperative specializing <\/strong><\/b>in the social economy <\/strong><\/b>and responsible investment (RI).<\/strong><\/b> It has nearly 22,000 members. With its members’ savings, the Caisse invests $993 million in loans to Quebec cooperatives and NPOs<\/strong><\/b>. It has over $2 billion in assets.<\/strong><\/b> Its specialized expertise is recognized <\/strong><\/b>throughout the Desjardins Group.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”OREC” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.orec.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n OREC is a co-operative that develops local renewable energy projects in Ontario communities. We pool member resources to invest in wind, solar, and energy efficiency projects towards the goal of full sustainability.<\/span><\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”R\u00c9SEAU D’INVESTISSEMENT SOCIAL DU QU\u00c9BEC (RISQ)” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/fonds-risq.qc.ca\/en\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The R\u00e9seau d\u2019investissement social du Qu\u00e9bec (RISQ)<\/strong>\u00a0provides loans especially tailored for social economy enterprises that provide financially viable and socially profitable goods and services.<\/span><\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”NEW MARKET FUNDS” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/newmarketfunds.ca\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n New Market Funds is a multi-fund manager that delivers investment opportunities with financial returns and lasting community benefit.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”NEW COMMON DEVELOPMENT FUND” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/newcommons.ca\/new-commons-development-fund\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The New Commons Development Fund invests in affordable housing and community real estate assets from early-stage through to stabilization. We work with strong partners to create long-term community benefit. We draw on decades of experience to structure investment opportunities that are customized to our investors\u2019 needs. Our investments generate risk-adjusted market-rate returns.<\/span><\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”COMMUNITY CAPITAL SOLUTIONS CO-OP (CCSC)” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.acca.coop\/community-investment-solutions” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n Discover Community Capital Solutions Co-op (CCSC),<\/strong> a real-world solution designed to address the economic challenges faced by communities across Western Canada. CCSC provides customized professional support, financial tools, and consulting services, empowering local leaders and residents to pool resources, make informed investment decisions, and take control of their economic future.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”CO-OPERATORS COMMUNITY FUNDS” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/www.cooperators.ca\/en\/about-us\/sustainability\/social-impact\/co-operators-community-funds” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n The Co-operators Community Fund supports projects that promote job creation or employability for young people (aged 16-34) in precarious situations and people with mental health problems.<\/p>\n Learn more<\/a><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”TENACITY WORKS FUND” icon_color=”#D8531D” toggle_icon=”||divi||400″ open_icon_color=”#D8531D” open_toggle_icon=”O||divi||400″ _builder_version=”4.27.3″ _module_preset=”default” link_option_url=”https:\/\/canadianworker.coop\/funding\/tenacity-works-fund\/” link_option_url_new_window=”on” global_colors_info=”{}”]<\/p>\n This revolving credit fund enables FCCT to invest in worker and solidarity cooperatives across Canada.<\/p>\n