Community Programs

FFCU Community Enrichment Program

Flin Flon Credit Union has been a proud community member for almost 80 years. In that time, our organization has seen much change and weathered many storms. We have guided our members through each season of life and has had the privilege of serving several generations of families. It is this value of community that pushes us to continue building a strong economic foundation in our community and the North.

Purpose of the Program

Flin Flon Credit Union has made a commitment to support the types of initiatives that bring opportunity and economic stability to the community. There are many organizations doing incredible work, ensuring that there is a bright future for generations to come. Flin Flon Credit Union recognizes this and would like to contribute to the current and future initiatives these organizations are undertaking to make a difference in the community.

The Flin Flon Community Enrichment Program recognizes and supports entrepreneurship and industry that enhances community through innovation and a genuine desire to foster growth for sustainability in the North. These areas include but are not limited to areas of service and training, tourism, manufacturing, retail enhancement, events or beautification of core economic areas in the communities of Flin Flon, Creighton and Denare Beach.

Organizations or groups eligible for funds must meet at least one of the following criteria:

  • Are community focused, and will have lasting positive impact
  • Project will contribute long term growth in the community and/or surrounding areas
  • Will bring community together to celebrate our region’s future in the North
  • Promotes innovation and partnerships with new and existing community members
  • Aids in human development and skills training within our communities
  • Infrastructure for public facilities relating to the education and support of new and existing community members.
  • Planning and research projects that focus on future investment within the region

Those who are ineligible:

  • Private businesses to subsidize operating income
  • Government affiliated organizations

 Funding availability and guidelines:

  • Flin Flon Credit Union will make available 5% of the organizations’ annual net profits, with a minimum of $10,000 per year.
  • Applicants will be eligible for funds requested up to a maximum amount of $2,500 towards their economic development initiative/venture.
  • Applications are strengthened if the FFCU is not the sole source of funding for the initiative/venture.
Applicants must demonstrate how their initiative would achieve one or more of the following:

  • Achieve a degree of improvement in the local economy
  • Generate high-quality, long-term new employment
  • Provide services or goods not currently available in the region
  • Create new opportunities in areas of local strengths/skills training

Deadline for Applications

Deadlines for applications occur on the first of April and the first of October each year. All applications must be submitted via email using the Application Form provided on the Flin Flon Credit Union website to service@ffcu.ca

Funds will be made available for individual initiatives within one month of the final committee decision as long as all conditions have been met by the applicant.

Decisioning on Applications

All applications will be considered based on a fair and equitable approach. The CEP committee will be responsible for deciding on the final recipient by evaluating the project against set criteria developed specifically for this grant.

Funds will be determined based on the amount requested in the original application and FFCU’s maximum annual eligibility of $2,500 per successful applicant.  Partial awards may be provided by the committee.

Reporting to Members and Community

Each grant recipient must agree to be publicly acknowledged and featured on the Flin Flon Credit Union online presence.

Recipients must provide the organization with a report upon completion of the project or annually (whichever comes first) with an update on the how project met or exceeded the outcomes set out in the original application.

 

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