Dandelion co-op shares its business

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The Dandelion Community Investment Co-op is holding an information session January 12 at the Acadia Cinema in Wolfville.

The two-hour session, which begins at 7 p.m., is scheduled for the “Little Whittle Community Room.”

The public is invited to learn more about community investments. Meet current clients and the board of directors and find out about the low-interest loan program for local entrepreneurs.

Established last February, the Dandelion Co-op is designed to strengthen the local economy by providing funding for qualifying applicants, allowing financial investments to stay within the community.

A lot of the research and writing of business plans and policy manuals and the paperwork associated with the co-op’s start-up is already in place. The province has an Equity Tax Credit, designed to assist Nova Scotia small businesses in obtaining equity financing by offering a personal income tax credit to individuals investing in eligible businesses. For every dollar invested, 30 per cent can be deducted from an individual’s provincial taxes.

For information, contact info@thedandelion.ca or phone 670-8651.

Organizations: Dandelion Community Investment Co-op, Acadia Cinema, Dandelion Co-op

Geographic location: Wolfville, Nova Scotia

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