Introducing CANtrade™: Nventure’s New Opportunity Fund for Local Businesses to Adapt and Grow
Cobourg, ONTARIO – June 3, 2025 – Today, Nventure Business Development Corporation introduced CANtrade™: a new opportunity fund for businesses navigating the current trade environment.
“Businesses in Northumberland are making mission critical decisions at this time, not just to stabilize operations in the short term, but to plan for future growth,” said Nventure CEO, Wendy Curtis. “We’re here to invest forward with them through our new CANtrade™ initiative.”
From recalibrating supply chains and ramping up domestic production to pursuing new inter-provincial trade opportunities and expanding export markets for Made in Northumberland products, Nventure is offering CANtrade™ through the Community Futures Program in Northumberland.
CANtrade™ Loan highlights:
Borrow from $5,000 to $150,000
Interest rate of prime to prime +2%
Up to a 60-month repayment term
Interest-only payments for the first 6 months
No prepayment penalty
Additional terms and conditions may apply.
Qualifying ventures located and operating in Northumberland can apply now until October 31, 2025.
An online information session, open to all, will be held on June 18, 2025. Registration for the session is required - click here to reserve your spot. For full details, terms and conditions, and to apply, visit the CANtrade™ webpage.
“We want existing companies in Northumberland to know that they have a strong alternative financial partner ready to step up to the plate, despite global economic headwinds,” said Jason Ewart, Chair of Nventure’s local, volunteer Board of Directors. “We believe in our industry leaders and entrepreneurs. We’re confident that together we can invest in a strong future for Northumberland and Canada.”
About Nventure
Nventure is an innovation organization based at Venture13, focused on funding, financing, and strategy services for entrepreneurs. Nventure drives economic advancement by investing in entrepreneur and industry-led growth in Northumberland, southern Ontario, and across the country, through numerous initiatives such as the Community Futures Program (CFP), thriveFORWARD, DELIA and StrikeUP Canada.
