Workshop – Microloans for Creative Entreprenuers

2018-08-25
Blog, Services, WorkshopsNo Comments

Micro Funding for Creative Entrepreneurs can go up to $5,000

My philosophy on getting loans, grants, or any kind of funding is that the loan has to be spoken for.

Think back when you asked your parents for money; you would never approach them and say, "will you give me money so I can be more comfortable?" It was more like, “will you give me money so I can do the thing which will result in the other thing?”

The more important the thing you wanted was,  the more care you'd put in to presenting a case for yourself. So you’d say, “Dad, I need a laptop so I can do homework more efficiently!”

Materializing the thing

The thing you want/need is very important; think about the amount of time you spent trying to materialize it. In the case of a computer, you researched online, looked at specs, and researched different price points. In the case of a computer, it’s easy to identify what you need it for and what results this computer will bring to the table. That will be the 1st stage of this program, you'll have to attend our workshop so we can identify the thing and justify why you should get micro funding for it. 

The process

  • We do not take any commissions on micro loans
  • Micro funding is through Access Community Capital Fund
  • You must be a CreativeUTO Community Member

Stage 1

Once we are able to identify

  • What your thing is
  • Why you need funding
  • What you need it for
  • How you’ll pay it back

We go to stage 2

  • Connect you to ACCESS Community Capital Fund staff
  • We do not manage and or access any of the info below
  • ACCESS Community Capital Fund manages the info

Applicants will need to submit the following:

  • Credit report and score from Equifax or TransUnion
  • Two pieces of government-issued photo ID
  • Proof of residence (bank statement, utility bill etc.)
  • Notice of Assessment from Canada Revenue Agency
  • Business plan and cash flow statement
  • Quotations/invoices from suppliers
  • Resume

About ACCESS

ACCESS Community Capital Fund was formed in 1999 to help promising entrepreneurs with viable business plans gain access to financing not available through other sources. Individual loans are made using a character-based lending decision, where the abilities, skills, and commitment of the applicant in conjunction with the strength of the business plan are key decision criteria.

Click here -Visit their website

Click here - Download their PDF

New users and Community Members use the form below to register