|TEMISKAMING DEVELOPMENT FUND CORPORATION --> HOME|
Temfund is located in the City of Temiskaming Shores (formerly New Liskeard, Ont.) on the shores of beautiful Lake Temiskaming. We are mandated by a Board of Directors consisting of 8 members and 2 full time office staff. We are an an aggressive, yet selective lender to new and existing businesses in the Resource and Industrial sector within the provincial electoral boundaries of the District of Temiskaming. Our primary goal is to promote economic growth within Temiskaming. Our mandate is to provide assistance to project proponents who preferably have the capacity and initiative to:
We DO NOT provide financial support for retail or service sector and non-profit/charitable organizations or Municipal infrastructure.
Temfund will consider providing repayable loans to private sector company projects which provide a demonstrated regional economic benefit, import replacement opportunities and/or strategic partnership linkages. We will not assist companies in cases which would provide unfair competitive advantage to other similar existing companies within the area.