Success Stories

Rural businesses in Alberta relied on support from Community Futures through the COVID-19 pandemic

Rural businesses in Alberta relied on support from Community Futures through the COVID-19 pandemic

From May 2020 to June 2021, Community Futures helped more than 1,700 rural Alberta businesses with $85 million in liquidity assistance through the rural stream of the RRRF. Community Futures processed 2,800 RRRF loans to their business network. These loans helped rural firms that urgently needed financial help to keep their businesses open. Thanks in part to Community Futures support, many local businesses that might have failed during the pandemic are still in business today.

Community Futures in Alberta were able to:

  • disburse over $85 million in loans
  • support over 1,700 businesses
  • help support over 9,500 jobs

Read the article here: https://www.canada.ca/en/prairies-economic-development/campaigns/success-stories/alberta/rural-businesses-support-community-futures-covid-19-pandemic.html

Check out the success video here: https://www.youtube.com/watch?v=Ewv1ir5avyI 

Contact Us

5013 49 Avenue
Red Deer, AB  T4N 3X1
P: 403-342-2055
E: central@albertacf.com
  

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Communities Served

Alhambra, Bearberry, Benalto, Bergen, Betula, Bowden, Burnstick Lake, Campaign, Caroline, Carstairs, Cline River, Condor, Cremona, Crump, Dickson, Didsbury, Doan, Eckville, Elkton, Harmattan, Innisfail, James River Bridge, Leslieville, Markerville, Nordegg, Olds, Penhold, Pine Lake, Red Deer, Rocky Mountain House, Shawtz, Spruce View, Stauffer, Sundre, Sylvan Lake, Water Valley, Wessex, and Westward Ho.