A CEDIF is a pool of capital raised through the sale of shares that is invested in new or existing local businesses. A CEDIF develops within the community. Any individual or group can form a working group to investigate the possibility of starting a CEDIF in their community. As an investor, benefits to buying shares in CEDIFs include:

• 35% non-refundable provincial income tax credit on your investment
• Investments are RRSP eligible

The Nova Scotia Co-operative Council offers a turnkey CEDIF development package aimed at simplifying the process for your group to start a CEDIF offering.