Services

Our Mandate:
To be the region's leader in fostering job creation through business creation and expansion.ansion.

Our Goals:
• To be an important resource in job creation.
• To provide a network of information.
• To be a proponent of the importance of economic development.
Technical Services
• Includes assistance with preparation of business plans, feasibility studies, consultation, and may include training in various aspects of business.

• Financial computerized analysis and projections in approximately 2 to 3 hours. This includes a 3-year cash flow, balance sheet, income and expense statements, as well as business ratios and break-even analysis -May be a fee of $30.00 per hour.

• Fee of $30.00 per hour.

Internet Services
• Taps into the Internet's global network to find business information, market products and services, make contacts with colleagues, and how to improve customer service.

•Fees charged on a cost recovery basis.

North East Supported Emploment Program
• Promote increased employment among persons with disabilities.

•Employment and training consultation services and may include training in various aspects of business.

•Referral placement and follow up services.

•Resume writing and job preparation workshops.

•Funding available.

• General Employment Insurance Information.

Business Resource Library
• Complete range of business references, self improvement & employment information resources.

• Over 2100 different resources available in book, cassette tape, video and file format.

• Resources can be borrowed with a depost. Deposit returned when reource is returned.

•Search our database of library resources.

Community Development
• Investing in people and community partnerships.

• Promoting entrepreneurship.

Financial Assistance
• Interest rate set at Bank of Montreal Prime + 2%.

•Lending maximum of $150,000 per business; loan application fee of $50.00.

•One to five year terms available or up to ten years for land and building.

• Self-Employment Program for people on Employment Insurance or who have been in the last three years and are currently unemployed.

• Loans, loan guarantees and equity investment.

• Alternative financing for businesses who are unable to obtain suitable assistance elsewhere.

• Various other Loan Funds are available.

What Makes Newsask Different
• Newsask provides flexibility to fit the individual needs of the business because we want you to succeed. Your payment plan can be flexible. It may be interest only payments for six months, semi-annual or annual payments, depending on the type of business you are operating.

• Newsask does not require a down payment -We can assist you with researching your business idea and provide statistics and information to assist you in preparing a business plan.

• It does not do the client, community, or Newsask any good if the business does not succeed.

If you are interested in the General Business for the Self-Employed Program call:

Newsask Community Futures Development Corporation toll free at
1-888-586-9855 or the CASS office toll free at 1-888-887-7977.

Tune Ups
• Just as your car needs a tune-up, so does your business.

• Newsask Staff will take your current business information and show you where you are prior to year-end. This is a critical management tool in helping you make informed business decisions.