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Capital Réseau SADC et CAE

It has been 10 years now since the Fonds commun des SADC (Common Fund) was created to provide Réseau members access to capital by pooling members' assets. Its success has made it a vehicle that generates additional capital designed to better match the response to community needs.

The Common Fund is a powerful tool that supports CFDCs and CBDCs in their operations and has, since 2007, helped create the Business Support Fund and the Business Succession and Start-Up Funds, with investments totalling over $32 million.


Board of Directors composed of CFDC and CBDC representatives:

Raymond Cimon, Chairman, SADC de l'Amiante

Gratien Ouellet, 1st Vice-President, SADC Lac-Saint-Jean-Ouest

Donald Lavallée, 2nd Vice-President, SADC Pontiac CFDC

Gilles Goulet, Treasurer, SADC de la MRC de Rivière-du-Loup

Donald Michaud, Secretary, SADC de la Neigette

 

 

The Common Fund is already 10 years old!

Its assets total $63 million.

It is an essential financial vehicle for CFDCs, CBDCs and their clients.

Canada Economic Development offers a financial support to the CFDCs and CBDCs