Regional Relief and Recovery Fund – Community Futures Stream

Applications are no longer being accepted. The repayment deadline to receive partial forgiveness under the Regional Relief and Recovery Fund (RRRF) has been extended for projects in good standing. Please contact your Community Futures office for more information.

Background Information on Regional Relief and Recovery Fund (RRRF)

This $2-billion Government of Canada fund is to support small and medium-sized businesses that have been negatively impacted by the COVID-19 pandemic. These businesses can apply for loans of up to $60,000 through RRRF.

As the financing terms of RRRF and Canada Emergency Business Account (CEBA) are similar, rural businesses can choose which program to apply for funding. Applicants can only apply to 1 of these federal programs.

How the RRRF is being administered in British Columbia

Pacific Economic Development Canada (PacifiCan) is collaborating with Community Futures Pan West to deliver the Fund in British Columbia.

Community Futures (CF) offices are supporting rural businesses requesting $60,000 or less. These businesses should apply through their local Community Futures office if they are eligible.

If you are a rural business requesting more than $60,000 you should apply through PacifiCan.

How to apply through the Community Futures Stream

CF has 34 offices supporting rural businesses in British Columbia. Applicants from rural communities are asked to apply through the website of their local CF organization, or their provincial CF website.

Eligibility requirements

Eligible costs

Repayment terms

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