Community Business Development Corporation (CBDC) Central PEI Innovation Loan
$150,000.00
Loan
Description:
CBDC Central PEI’s Innovation Loan is designed to encourage business productivity and effectiveness in the communities of rural Atlantic Canada. New technologies may include existing methods that have been adapted or repurposed for commercial applications. The loan could also be used for financing for new products or services and training.
Comments on Funding:
Funding is a loan of up to $150,000.
Continuous Intake
Eligibility:
Applicants must:
1. be new or existing entrepreneurs;
2. have commitment and dedication to the project;
3. have rural based businesses located in the service area of CBDC Central PEI that meet these requirements:
a) year-round and seasonal businesses;
b) have a realistic prospects of economic viability.
c) demonstrate employment creation and/or maintenance;
d) demonstrate revenue potential.
Application Steps:
Applicants must apply online.
Documentation Needed:
For details about the documentation process, contact this email address: info.centralpei@cbdc.ca.
Other Things to Note:
About the author
Maurice
