Economic Development Business Support

WHAT DOES HEDC DO?

The roles of the Corporation are diverse but are generally within the following categories: 

Business Development Lending:
Micro Loans:

HEDC offers micro lending through the "Community Works Loan Program" to new businesses and entrepreneurs. The maximum loan value is $10,000 and flexible repayment terms are available to accommodate new business starts. Security requirements are also variable such as provision of subordinated debt loans. 

Capital Development Loans:

HEDC also offers larger loans for businesses which require funding from $ 10,000 to $ 300,000. These are primarily for business expansion and or relocation.

Industrial Park

HEDC also has available fully serviced lots in an industrial park. Lot are serviced with three phase electrical power, natural gas, water, sewer and paved access. Lot prices are negotiable and range up to $6,500.

Housing and Real Estate
HEDC maintains a "Real Estate Directory" which includes listings of all available housing for sale or rent. Selected housing lots, in new housing developments, are available for $1.00 per lot. 

Check out our Real Estate Directory from this web site or call the Municipal Office at (204) 764-3050 or HEDC at (204) 764-