Community Business Development Corporation (CBDC) Chaleur Innovation Loan

Amount:

$150,000.00

Type:

Loan

Description:

The Innovation Loan by CBDC Chaleur 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.

Deadline:

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 Chaleur 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:

For details about application process, applicants must reach out to CBDC Chaleur through:
Phone: (506) 548-5951
https://www.cbdc.ca/contact

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Chaleur through:
Phone: (506) 548-5951
https://www.cbdc.ca/contact

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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