Strategic Investments in Northern Economic Development (SINED) focuses on strengthening the driver sectors of the economy in the territories, economic diversification, and encouraging the participation of Northerners in the economy.
Funds may be available to offset the costs associated with attending seminars and trade shows in order to access information regarding new technologies or business opportunities and/or strengthen businesses relationships with other markets and industries.
If your business requires customized or non-standard repayment terms, the BDIC can customize the prepayment schedule to meet your needs.The BDIC offers a choice of fixed or variable interest rates.The rates are based on the credit risk involved.
The Business Development Project Fund (BDPF) is a contribution program to help fund start-up expenses, expansion, raw materials (for arts and crafts production) and short-term projects that create employment.
The BDPF Aftercare Funding can provide businesses with contribution funding to purchase accounting software, take an accredited business or accounting course, obtain succession planning advice, or for travel costs to attend educational seminars promoted by the BDIC.