{"id":5448,"date":"2025-10-15T16:19:28","date_gmt":"2025-10-15T20:19:28","guid":{"rendered":"https:\/\/sadccoaticook.ca\/?p=5448"},"modified":"2025-10-15T16:19:28","modified_gmt":"2025-10-15T20:19:28","slug":"reaching-further-a-new-100m-boost-for-the-520000-entrepreneurs-in-rural-and-remote-communities","status":"publish","type":"post","link":"https:\/\/sadccoaticook.ca\/en\/reaching-further-a-new-100m-boost-for-the-520000-entrepreneurs-in-rural-and-remote-communities\/","title":{"rendered":"Reaching further: A new $100M boost for the 520,000 entrepreneurs in rural and remote communities"},"content":{"rendered":"<p><strong>BDC and Community Futures\/SADC+CAE\/CBDC join forces to expand access to financing and advice, unlocking growth where it\u2019s often overlooked Prince George, Qu\u00e9bec and Montr\u00e9al<\/strong> \u2013 October 15, 2025 \u2013 Community Futures\/SADC+CAE\/CBDC and the Business Development Bank of Canada (BDC) today announced a $100M initiative to reach more business owners living in rural and remote areas. Leaders in their communities, rural entrepreneurs are an exceptionally active demographic, with an entrepreneurship rate standing at 17% in 2024, compared to 12% in urban areas. The financing envelope created by this new initiative is expected to generate up to $250 million in GDP over five years.<\/p>\n<p>With their respective business centres and offices throughout the country, Community Futures\/SADC+CAE\/CBDC and BDC have a complimentary footprint. A federal program administered by regional development agencies and Canada Economic Development, Community Futures\/SADC+CAE\/CBDC operates 267 non-profit offices across Canada delivering small business loans, tools, training and events. BDC supports entrepreneurs with financing, advisory services and capital from 109 business centres across Canada and online at bdc.ca.<\/p>\n<p>\u201cAt BDC, we believe that every entrepreneur, no matter where they live, deserves a fair chance to grow their business. Rural and remote communities are full of bold, resilient business owners who often face more barriers and fewer resources\u201d, said Isabelle Hudon, President and Chief Executive Officer of BDC. \u201cThis initiative with Community Futures\/SADC+CAE\/CBDC allows us to do what a development bank should: go where others don\u2019t, and build bridges where gaps exist. We\u2019re unlocking potential that\u2019s been overlooked for too long. We believe that\u2019s what our economy needs right now.\u201d<\/p>\n<p>\u201cJoining forces with BDC to supercharge the opportunities and resources available to rural and remote entrepreneurs from coast-to-coast-to-coast is a powerful combination that will result in significant impact throughout the country for decades to come,&#8221; said Troy Dungate, President of Community Futures\/SADC+CAE\/CBDC.<\/p>\n<p>\u201cBDC is committing to investing $100M to bolster businesses that often face strong headwinds simply due to geography and the vast nature of our country. This commitment, combined with our boots-on-the-ground, grassroots knowledge is an intelligent way to ensure that this capital infusion is dispersed through loans to new and existing entrepreneurs that are ready to bring their business to the next level. Additionally, we know that many entrepreneurs in rural Canada are attracted to the work because of the desirable lifestyle it creates for their families. Working together, we expect this to make positive, meaningful change in the lives of individual Canadians and our country as a whole.\u201d<\/p>\n<p>This initiative with Community Futures\/SADC+CAE\/CBDC builds on BDC\u2019s broader commitment to develop entrepreneurial potential in all its forms and to help grow the Canadian economy. By joining this network of trusted partners, Community Futures\/SADC+CAE\/CBDC should help us reach even more business owners in rural and remote areas. It\u2019s about meeting entrepreneurs where they are and helping them grow. This announcement comes just before Small Business Week, a national celebration of Canadian entrepreneurship that BDC has organized for more than 45 years. This year\u2019s theme is The economic revolution is here \u2013 get your business ready.<\/p>\n<p>BDC and Community Futures\/SADC+CAE\/CBDC are stepping up to help entrepreneurs in rural and remote communities\u2014who are vital contributors to Canada\u2019s economy\u2014have the resources they need to thrive.<\/p>\n<p><strong>About BDC: 80 years as Canada\u2019s bank for entrepreneurs<\/strong><\/p>\n<p>BDC is a partner of choice for all entrepreneurs looking to access the financing and advice they need to build their businesses and tackle the big challenges of our time. Our investment arm,\u202fBDC Capital, offers a wide range of risk capital solutions to help grow the most innovative firms. BDC\u2019s development role means we are in a state of perpetual evolution \u2013 wherever entrepreneurs go and whatever the Canadian economy needs \u2013 we will be there to help them defy the odds. 80 years later, that commitment remains very much alive. Our financing and investments in fiscal 2025 are expected to add an estimated $25 billion to Canada\u2019s GDP over the next five years. We are one of Canada\u2019s Top 100 Employers\u202fand Canada\u2019s\u202fBest Diversity Employers,\u202fand the first financial institution in Canada to receive the\u202fB Corp certification\u202fin 2013.\u202fFor more information on our products and services and to consult free tools, templates and articles, visit bdc.ca or join BDC on social media.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BDC and Community Futures\/SADC+CAE\/CBDC join forces to expand access to financing and advice, unlocking growth where it\u2019s often overlooked Prince George, Qu\u00e9bec and Montr\u00e9al \u2013 October 15, 2025 \u2013 Community Futures\/SADC+CAE\/CBDC and the Business Development Bank of Canada (BDC) today announced a $100M initiative to reach more business owners living in rural and remote areas. 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