CFWR offers help to people who want to start or expand a business. We keep up to date on trends and resources.Individual business counselling is available. Download a copy of our Business Planning Workbook and the Cash - Flow Template.
CFWR offers loans to small businesses that are not able to get loans from banks or credit unions. Business loans of up to $150,000 are available. Please contact us for loan guidelines.
The money we have available for loans is part of a pool. As people pay back their loans, the money becomes available again to help other people build their businesses.
Our loan funds have made a difference. Since 1988 we have issued 170 loans totaling $4,964,351. These loans helped to create or keep 491.5 jobs in the region.
CFWR on behalf of Employment Manitoba administers the Self-Employment program (SE) for the North Eastman region. The program provides an opportunity for unemployed individuals who are EI-eligible to start their own business, while collecting their employment insurance benefits. SE clients work with our Business Development Officer who assists them with a business plan, marketing, financial analysis, and counselling/monitoring for the full term they are on the program.
Over the past year, 471 services were provided to SE clients. In addition, SE clients took part in a Marketing Workshop, one-on-one bookkeeping sessions, computer accounting training, and entrepreneurial training session via video conferencing.
This year seventeen new clients were accepted into the program and ten successfully completed the program. During the 2007/08 Fiscal Year 21 jobs were created through new business enterprises. Since we began delivering the SE Program 424 people have participated.
Self-Employment Program Reports:
The CFWR office has video conferencing equipment. This allows people to take part in free training sessions offered through the Canada/Manitoba Business Service Centre right here. They do not have to travel to the Winnipeg to take part in a training session.