Description & Services
Description (Service)
  • Supports micro and small business development through financial investment and advisory services 
  • A volunteer Board of Directors can approve business loans of up to $150,000 for those that meet the criteria for business start-up or expansion 
  • Loans up to $500,000 will be considered on an exceptional basis and on a limited basis
 
Does not offer grants or forgivable loans
Hours Mon-Fri 8:30 am-12 pm, 12:30 pm-4 pm
Areas Served Nipissing District
Eligibility
  • Must have a viable business plan 
  • Must be ineligible for conventional bank financing and be planning to locate, start, or expand business operations in the areas serviced by NECO 
  • Proposals must create and/or maintain permanent jobs in the region
Application Funding application form and funding criteria can be found online
Languages English ; French
Fees None
Additional Service Sites
Contact Information
Office Phone 705-476-8822
Toll Free Phone 1-888-476-8822
Fax 705-495-6038
E-Mail neco@vianet.on.ca
Website www.neco.on.ca
Social Media Facebook Facebook, Twitter Twitter
Located In Community North Bay
Address 240 First Ave W
North Bay, ON P1B 3C1
 
View Google Map
Intersection First Ave W and Fraser St
Physical Access Fully Accessible
Other Details
Legal Status (50) Non Profit
Funding Federal