Blaine Lake Economic Development Co-operative

BLEDCO has been in existence in Blaine Lake and area over the past number of years providing funding to new and existing businesses through the Saskatchewan Small Business Loans Association (SBLA).

PURPOSE: The Small Business Loans Association (SBLA) Program encourages diversification of the Saskatchewan economy and supports community economic development by making funding available, through community-run organizations like BLEDCO, to entrepreneurs. The SBLA program is only available to Saskatchewan businesses. Thousands of small businesses have been assisted across the province, and hundreds of Small Business Loans Associations have been formed, since the program was introduced in 1989. 

BENEFITS: Retention and growth of businesses in a community is critical in retaining the population and tax base of a community.
A stable population is key to retaining schools and other services.

WHO CAN BORROW FROM AN SBLA?
Each individual business is eligible for the maximum $15,000 SBLA loan under the program. In making loans, an SBLA generally judges businesses on their ability to create jobs and to add services to communities.  The intent of the program is to provide help to entrepreneurs who otherwise might not get started. Businesses not eligible for assistance are those engaged in direct farming, exploration (e.g. mining and oil extraction), residential real estate and multi-level marketing. See PDF Brochure.

HOW TO APPLY?
To borrow from BLEDCO through the SBLA you can contact:

Contact: Pamela Lavoie - Loan Administration
For more program information and application forms.
BLEDCO Box 463
Blaine Lake, SK S0J 0J0
(306) 497-3100 or (306) 497-3126

Annual Meeting:
Tuesday, April 19, 2011 7:00 pm at the Blaine Lake Curling Rink.