About Us

What is Community Futures Strathcona - and what does it do?

Community Futures Strathcona is part of a federal government initiative to foster employment opportunities through the encouragement and support of entrepreneurial activity in the rural areas of Canada. We do this by providing financial and advisory support to help marginalized small businesses overcome barriers to capital within the Strathcona and Comox Valley Regional Districts. By overcoming this barrier we believe new employment opportunities are created that would otherwise not be available and therefore serve to benefit the regional economy.

Barriers include an inability for a small business to obtain financing from traditional sources such as a bank or credit union that can be attributed to concerns about collateral, credit history, recent financial performance, the business being too new, or the loan request being too small.

Since 1985 Community Futures Strathcona has disbursed $28Million to over 600 small businesses in the Comox Valley and Strathcona Regional Districts.  These investments have benefited the local economy by fostering the creation and or maintenance of 3,000 jobs together with improving diversity among the small business community through our support of start-ups. 

We are proud of the work that we do and we are pleased to see the positive impact a small organization such as ours can have in our community by simply providing a little encouragement and financial assistance to entrepreneurs willing to incur the risk of operating a small business; they deserve our support and we are glad that we can assist.

 

YE 2016 Balance Sheet and Income Statement

YE 2016 Performance Results