The Government of Canada, through PrairiesCan, launched the Regional Relief and Recovery Fund (RRRF). This program supported small and medium-sized enterprises (SMEs) that faced challenges during the pandemic. Many Alberta businesses needed financial relief. In order to meet those needs, we partnered with the Community Futures Network of Alberta and 27 local offices to deliver RRRF support in rural areas.
Community Futures in Alberta were able to:
- disburse over $85 million in loans
- support over 1,700 businesses
- help support over 9,500 jobs
Way to go Community Futures of Alberta for the success in delivering the RRRF loans.
Read the full 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