COVID-19 Resources

In order to assist rural small businesses with the challenges and uncertainties associated with COVID-19, Community Futures has curated a roster of business-related resources and supports, available below.

Virtual Office

Please Note: Due to the COVID-19 Health directives and advisories, Community Futures North Okanagan’s offices are currently closed. In order to help #FlattenTheCurve, CFNO staff are working to provide our small business supports, services, workshops and programs virtually. We are happy to assist you remotely during regular office hours via phone, email or Zoom. As the COVID-19 situation evolves, we will reassess and provide updates as they become available. Stay safe & healthy.

COVID-19 Business Supports from Community Futures (RRRF)

On April 17, 2020, the Government of Canada announced the Regional Relief and Recovery Funds (RRRF). With nearly $1 Billion committed to support affected businesses and communities, the RRRF will help to:

Mitigate the financial pressure experienced by businesses and organizations to allow them to continue their operations, including paying their empoyees
Support projects by businesses, organizations, and communities to prepare now for a successful recovery

If repaid before December 31, 2022:

No interest or principal payments
If 75% of loan is repaid, the remainder of the loan is forgiven (up to $10,000 based on loan amount of $40,000, and will be considered taxable income)
No prepayment penalties

If repaid after January 1, 2023