Whether you have an existing business or are starting a new one, there are numerous organizations and groups that support businesses throughout Comox.
The Comox BIA (Business In Action) is an organization designed to promote business within the downtown Comox area and provide collaboration opportunities with other like-minded business owners in the community.
The Comox Valley Chamber of Commerce is a professional, membership-based, business organization designed to foster growth, community, and best business practices. The Chamber works on behalf of its members to provide opportunities for Chamber members and employees.
Comox Valley Chamber of Commerce
Canadian Small Business Financing Program
The Canadian Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The maximum loan amount for a borrower is $1.15 million.
• Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs.
• Up to a maximum of $150,000 for lines of credit.
Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you.