Temfund’s mandate is to provide assistance to project proponents who preferably have the capacity and initiative to:
•Create new jobs for Temiskaming residents
•Enhance opportunities for Temiskaming’s labour force to remain in our area
•Offer a niche service or product which displaces imports to Temiskaming
•Provide value added and export potential
Projects which DO NOT qualify include
•Retail or service sector and non-profit/charitable organizations unless significant regional economic benefit is proven
Our primary goal is to promote economic growth within Temiskaming. Temfund is registered as a non-profit Ontario corporation without share capital.
How I Do It
Temfund will consider providing loans to Temiskaming companies and entrepreneurs whose businesses fall under our mandate.
What's in It for You
A more streamlined and efficient application and approval process. Credit decisions are made locally, enabling quicker responses and more flexible terms regarding extenuating circumstances in certain fluctuating economic conditions.