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Frequently asked questions

What Is The CDC Loan Program

 In October of 1995, the Province of Manitoba announced the Community Works Loan Program (CWLP) to assist local communities to set their own economic priorities, help small business expand, and assist new entrepreneurs in getting started. Local communities were required to match the provincial contribution on a 2:1 basis and so, in January of 1998, $50,000 in provincial funds were matched by $25,000 from the Roblin-Cartwright CDC for a total small business loan fund of $75,000. The loan program offered loans of up to $10,000 at prime lending rate for up to five years with an initial 3 month grace period and saw a successful run in our community.

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