Hemlo Superior Loan Fund
Recently the Township of Manitouwadge entered into a unique partnership with Barrick Gold Inc. and the Manitouwadge Economic Development Corporation to deliver small business loans to for-profit storefront businesses in the communities of Manitouwadge, Marathon and White River.
Existing or start-up businesses with annual gross revenues of under $1 million are eligible to apply for up to $10,000 in the form of a repayable loan (interest rate is 1.5%) with repayment terms either 12 or 24 months.
The program guidelines, policy and application to the Hemlo Superior Loan Fund can be found on the Township’s website at https://www.manitouwadge.ca/business/strategic-initiatives/hemlo-superior-loan-fund/
Funding is limited to first come first serve.
Additionally, Barrick is also providing the ability for businesses to receive a free one-hour consultation with MNP, Chartered Accountants and business specialists. Businesses can contact MNP directly at:
Emily Mantle, CPA, CA, Senior Manager, MNP
For further information on the Hemlo Superior Loan Fund, please contact:
Economic Development Officer
Township of Manitouwadge
1 Mississauga Drive, PO Box 910
Manitouwadge, ON P0T 2C0
807-826-3227 x 242