Community Business Development Corporation (CBDC) Burin Business Valuation and Succession Planning
$7,500.00
Grant
Description:
The Business Valuation and Succession Planning is available for commercial businesses in the service area of CBDC Burin. Professional valuators will be engaged directly by CBDC and small businesses in rural communities to estimate the economic value of an owner’s interest in a business in order to help businesses determine the sale price of an existing business.
Comments on Funding:
Funding is a contribution of 75% of eligible costs to a maximum of $7,500.
Continuous Intake
Eligibility:
Applicants must:
1. be small businesses operating in the service area of CBDC Burin, that are actively preparing to transfer ownership of the business;
2. be businesses in good standing with CRA, ACOA and Government of NL;
3. work with a qualified consultant;
4. agree to share the opportunity on businessatlantic.ca.
Application Steps:
Applicants must:
1. contact the CBDC personnel for further details,
2. pay an application fee of 3%, to a maximum of $300.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Burin Peninsula team through:
Phone: (709) 279-4540
https://www.cbdc.ca/contact.
Other Things to Note:
- All
- Allan’s Island
- Baine Habour
- Bay L’Argent
- Beau Bois
- Big Salmonier
- Boat Harbour
- Brookside
- Burin
- Burin Peninsula
- English Harbour East
- Epworth
- Fortune
- Fox Cove – Mortier
- Frenchman’s Cove
- Grand Bank
- Grand Beach
- Grand Le Pierre
- Harbour Mille
- Jacques Fontaine
- Jean de Baie
- Lamaline
- Lawn
- Lewin’s Cove
- Little Bay East
- Little Harbour East
- Little St. Lawrence
- Lord’s Cove
- Marystown
- Monkstown
- Newfoundland and Labrador
- Non-profit Organization
- Parker’s Cove
- Petite Forte
- Point au Gaul
- Point May
- Red Harbour
- Rock Harbour
- Rural Resident
- Rushoon
- Sell or Close a Business
- South East Bight
- Spanish Room
- St. Bernard’s
- St. Lawrence
- Terrenceville
- Winterland and Garnish.
About the author
Maurice
