Financing your co-operative

December 17, 2015 - TAGS: Social enterprise, Financing

This guest blog is provided by Co-operatives Policy, which provides analysis, advice and support to promote co-operative business innovation and growth in Canada.

Did you know co-operatives are more likely to be successful in achieving financing than traditional small to medium-sized enterprises (SMEs) in Canada?

It's true. We know this from the findings of the Survey on Financing and Growth of Small and Medium Enterprises, 2014, which included a sample of SME co-operatives (non-financial co-ops with 1 to 499 employees and annual gross revenues more than $30,000).

If you are considering how to finance the start-up or expansion of your co-operative business, here is what you need to know from the survey:

The data is available for free on Innovation, Science and Economic Development's website so you can learn more about the experiences of co-operative and traditional SMEs in accessing financing in 2014.http://www.ic.gc.ca/eic/site/693.nsf/eng/h_00037.html


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