Topic:"Innovation Research" in M03632

6 Q. PLEASE SUMMARIZE YOUR CONCLUSIONS ABOUT DEBT AND COMFIT 7 PROJECTS. 8 A. There was consensus among lenders that financing COMFIT projects will be challenging 9 because of the projects' small size, the community-based ownership require...

AI summary Lenders agree financing COMFIT projects is challenging due to small project sizes, community ownership requirements, and emerging technologies. Manulife stated they would unlikely lend to such projects. Lenders questioned whether financing would be non-recourse or partially recourse. Most lenders provided reasonable assumptions but emphasized they needed to evaluate each case individually.

Recommendations: - 1. Given that there appears to be unreasonable inequity between eligible stakeholders in access to debt and abilities to raise capital through equity mechanisms such as CEDIFs, and this is partially based on inequitable...

AI summary The recommendations address inequities in access to capital for COMFIT stakeholders, highlighting issues with CEDIFs, municipal and Mi'kmaq participation, and the need for supportive mechanisms like loan guarantees and forgivable loans to enable COMFIT project development.