CAPITAL ASSISTANCE: ECONOMIC ANIMATION CA 8
POLICY: ECONOMIC ANIMATION
Loans to incubate new community economic development projects that are not eligible for
conventional bank/credit union loans may be available from Canadian Alternative Investment
Cooperative (CAIC) through a new agreement with the General Council Congregational,
Educational, and Community Ministries.
CAIC’s goals and policies are broadly consistent with those that guided the Division of Mission
in Canada when it administered an Economic Animation Fund in the 1990s. CAIC has made
loans to groups in all parts of Canada. An expansion of the size, scope, and frequency of
economic animation loans is a distinct possibility as a result of pooling financial resources with
CAIC.
CAIC’s Board of Directors meets monthly to consider applications. Presbytery and Conference
endorsement of applications may enhance the prospect of approval by CAIC.
Application forms may be obtained from CAIC:
Canadian Alternative Investment Cooperative
146 Laird Dr.
Toronto, ON M4G 3V7
Phone: 416-467-7797
E-mail: caic@caic.ca
Web: www.caic.ca
Financial Resources Handbook Page 1 CECM – August 2007