The Fair Finance Fund has announced a partnership with the Niagara Community Foundation, to provide loans between $20,000 and $100,000 to agricultural businesses throughout Ontario.
The fund’s mission is to help assist farmers that are looking to expand their business, but are also setting a plan for improving their social impact in the community. The aim is to provide an alternative financing option for organizations that provide demonstrable social, environmental and economic benefits. Niagara has a very strong agricultural sector, so this partnership can help a wide variety of businesses across the region that are looking to take that next step.
There has already been expressed interest and support for the Fair Finance Fund by municipalities in the region, such as the Town of Lincoln. The town itself has developed a community improvement plan for its rural lands and is a designated Centre of Excellence for Agriculture.
Read more at the St. Catharines Standard