Can you stack Canadian Co-operative Investment Fund (CCIF) and CWCF Tenacity Works Fund?
Yes. Canadian Co-operative Investment Fund (CCIF) and CWCF Tenacity Works Fund can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $1.3M in potential value.
Canadian Co-operative Investment Fund (CCIF)
The Canadian Co-operative Investment Fund was created by Co-operatives and Mutuals Canada to invest only in co-operative enterprises. It provides loans, quasi-equity, and equity to help co-ops grow, bridge cash flow, fund enterprise development, or convert a traditional business into co-operative ownership. It works with co-ops in every province, territory, and sector. This is repayable financing, not a grant.
CWCF Tenacity Works Fund
Tenacity Works is a revolving loan fund run by the Canadian Worker Co-op Federation that invests in worker and multi-stakeholder co-ops across Canada. It provides term loans that co-ops can use to attract additional financing from banks, private investors, or the Canadian Co-operative Investment Fund. Loans run over a 5-year term at a fixed rate of prime plus two points, with a minimum rate of 8 percent. Note: the fund is currently fully committed and is not accepting new applications, with plans to reopen in 2027.
How to stack them
- 01Confirm you meet each program's eligibility on its own. Canadian Co-operative Investment Fund (CCIF) and CWCF Tenacity Works Fund are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.