Regional Relief and Recovery Fund (RRRF)
The Government of Canada and Community Futures organizations (CFs) understand the difficulties the COVID-19 pandemic has caused the small business community throughout the West. As a result, the Government of Canada has made funds available to the CFs to provide support and assistance to SMEs through the rural stream of the Regional Relief and Recovery Fund (RRRF).
Applications will be accepted until June 30, 2021.
Update: Expansion of the Regional Relief and Recovery Fund (RRRF)
The Community Futures RRRF stream is now offering additional funding of up to $20,000 for rural SMEs and non-profits that have previously received a $40,000 loan. The RRRF program now also offers support up to $60,000 for new eligible applicants.
The Regional Relief and Recovery Fund provides funding to support businesses that have not been approved for supports through the Canada Emergency Business Account (CEBA) or the Emergency Loan Program delivered through Aboriginal Financial Institutions.
Please click the below links to access our secure online Loan Application Portal.
$60,000 Loans - For new RRRF applicants
Eligible small and medium-sized businesses and non-profits can use the RRRF to cover non-deferrable operating expenses like payroll, rent, utilities, insurance, and property tax.
New applicants seeking the full $60,000 must complete both these applications inside the portal:
- Community Futures Regional Relief and Recovery (RRRF Application)
- Community Futures Regional Relief and Recovery (RRRF Expansion)
Once you follow the link you will find a button to 'Sign Up' for the Loan Application Portal. Enter your name, email address and desired password. You will then receive an email asking you to Verify your email address (make sure to check your Junk Folder or Spam Filtering if the email doesn't arrive in your inbox).
After you click the Verify button in the email, you will be able to login to the Loan Application Portal and complete your application.
$20,000 Expansion Loans - For recipients of $40,000 RRRF loans
The RRRF expansion loan offers more support to eligible RRRF recipients who have already received a $40,000 loan.
Eligible Uses for Loan Funding:The funds from this loan shall only be used by the Borrower to pay non-deferrable operating expenses of the Borrower including, without limitation, payroll, rent, utilities, insurance, property tax and regularly scheduled debt service, and may not be used to fund any payments or expenses such as prepayment/refinancing of existing indebtedness, payments of dividends, distributions and increases in management compensation. Note that funds from this loan cannot be used to pay expenses already supported through the Canada Emergency Wage Subsidy or the Canada Emergency Commercial Rent Assistance.
Please note: Once you submit your application, you will receive an email notification that is confirmation we have received your application and are working on your request. Rest assured a CF representative will contact you as soon as possible. Thank you for your cooperation and understanding.
If your business is located in an urban or metropolitan area, not served by Community Futures, or you require over $60,000 in funding, please visit this site: WD Regional Relief and Recovery Fund (RRRF)
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