Community Business Development Corporation (CBDC) Central Newfoundland Social Enterprise Loan
$150,000.00
Loan
Description:
CBDC Central Newfoundland plays a pivotal role in fostering the advancement and expansion of Social Enterprises. This is accomplished by facilitating loan arrangements and financing, as well as granting access to various business development services and resources.
Comments on Funding:
Funding is a loan of up to $150,000.
Continuous Intake
Eligibility:
Applicants must:
1. have revenue generating business operations;
2. be officially registered non-profit organizations, including a non-profit organization, a cooperative or a membership organization;
3. be seeking financing for start-up a new Social Enterprise or to expand, renovate, or upgrade of an existing one;
4. have business operations providing a realistic expectation of economic viability, ensure sound business practices, and facilitate job creation and maintenance in the community;
5. be located within the service area of CBDC Central Newfoundland.
Application Steps:
For details about application process, applicants must reach out to CBDC Central Newfoundland team through:
Phone: (709) 489-4496
https://www.cbdc.ca/contact.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Central Newfoundland team through:
Phone: (709) 489-4496
https://www.cbdc.ca/contact.
Other Things to Note:
About the author
Maurice