DELIA – NCFDC
Receive up to $15,000 in Low-Interest Loan Funding.
The DELIA Micro Loan Program by NCFDC is a funding initiative that is designed to act as a revolving and evergreen microloan fund for all Canadian Women entrepreneurs in need of funding support for start up, stabilizations and expansion. DELIA stands for Develop, Educate, Lead, Innovate and Accelerate and is open to many applicants.
Quick View
Funding Amount
Successful applicants for the DELIA program may receive up to $15,000 in low-interest loan support.
Eligible Applicants
Applicants must be at least 19 years old, a Canadian, a woman entrepreneur, and have a business number registered with the CRA.
800+
Annual Funding Applications Supported
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Give your application the best chance of approval. Ryan supports the writing of applications for more than 100 Canadian federal and provincial government grants, tax credits, and no-interest loan programs.
Amount of Funding
Successful applicants may receive a standard two-year loan up to $15,000 with an interest rate: Prime +2% to Prime +4% risk-rated. There are no pre-payment charges, but a Loan Administration Fee of 1% of the principal will apply upon application approval.
Administration Fee of 1% of the principal apply (to be deducted from the advance).
Eligible Applicants
An applicant may be eligible if they meet the following criteria:
- Is a Canadian citizen;
- At least 19 years of age;
- Sole proprietorship;
- for-profit small Canadian business federally/provincially/territorially incorporated;
- For-profit co-operative corporation incorporated under a federal, provincial or territorial co-operative Act; or
- Social enterprise that earns revenue from the regular supply of personal property/goods and services.
Eligible Activities
Funding may be used for the following activities:
- Purchasing capital assets;
- Office and equipment rental costs;
- Employee salaries and benefits;
- IT/Software license purchase costs;
- Professional services;
- Securing inventory/supplies;
- Intellectual Property;
- Working Capital;
- Marketing/advertising/business promotion;
- Employee training;
- Short term receivable financing; and
- Business start up costs.
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
Average of
Time Saving
95%
Throughout the application process
Apply for Funding
Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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