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CUDWORTH GROUP HELPS CREATE JOBS

Released on August 12, 1999

Cudworth area businesses have created 25 jobs and maintained another 15 jobs,

thanks to the work of the Cudworth Area Loans Co-operative.



Associate Minister of Health Judy Junor was in Cudworth today to honour the co-

op for its job creation record through the province's Small Business Loans

Association (SBLA) program.



"The Cudworth Area Loans Co-operative is helping small businesses grow in rural

Saskatchewan, and illustrates what can be accomplished when the government and

communities work in partnership," Junor said, speaking on behalf of Economic

and Co-operative Development Minister Janice MacKinnon.



During 1998, small businesses supported by the SBLA program created more than

360 jobs and maintained 565 more, mostly in rural communities. This brought

the total number of jobs created and maintained since the program began to

almost 13,600.



Under the program, the government provides funding to local SBLA

organizations. In turn, SBLAs provide loans to businesses that require

alternative financing.



-30-



For more information contact:



Bob Ellis

Economic and Co-operative Development

Regina

Phone: (306) 787-1691

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