DEHCHO BUSINESS DEVELOPMENT CENTRE Offers Business Loans to Small Business in the Dehcho from Fort Simpson
The DEHCHO BUSINESS DEVELOPMENT CENTRE is a non-profit organization established to provide business and economic development throughout the Dehcho region, improving the economic well-being of the communities and their residents, one business at a time.
We understand that starting your own business is a difficult and intimidating venture. Whether you are just starting or have a number of years under your belt, complications can arise. Some can be addressed by discussing and considering alternatives; others need financing.
The experienced and knowledgeable staff of the Business Development Centre are dedicated to providing the help businesses need to survive, grow, and profit. We want to see you succeed.
Services we provide include:
FinancingThe BDC offers up to $200,000 in loan financing for a period of up to 10 years with flexible repayment terms to suit the revenue and cash flow of your business. Business Planning A business plan should include enough information to allow someone who is completely unfamiliar with you, your idea, or the type of business you intend to start to evaluate your ideas and current project. Your business’ success depends on your business plan. Staff are available to help you develop smaller business plans, finish a plan you have started, or find funding to develop comprehensive business plans.
TrainingThe knowledgeable staff of the BDC can offer one-on-one assistance to business owners or provide presentations to small groups, covering topics such as understanding financial statements and business start-up requirements.
Business CounsellingDiscussions could include anything from “how do I start a business” to improving sales and revenues. Sometimes just talking about your issues can lead you to solutions.
Technical ServicesBusiness owners often require assistance to setup their bookkeeping, register with Revenue Canada or the GNWT, finance, develop a logo, complete reports, etc.
Information/Applications for Other Funding SourcesStaff will help prepare applications to other grant, contribution, and loan sources of business financing to ensure the financing sought suits your business opportunity.
The BDC is run by a Board of Directors that is from and represent the communities you live in. They are your neighbours, and they understand the need for economic and business development in the Dehcho region. Let them help you thrive and at the same time, enrich our communities.