Community Business Development Corporation (CBDC) Cumberland First-Time Entrepreneur Loan

Amount:

$150,000.00

Type:

Loan

Description:

The First-Time Entrepreneur Loan, provided by CBDC Cumberland, is tailored for individuals venturing into their inaugural entrepreneurial journey, aiming to establish a startup within a rural community in Atlantic Canada.

Comments on Funding:

Funding is a loan of up to $150,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be a new entrepreneur;
2. be in any of these legal structures:
a) sole proprietors,
b) limited companies,
c) partnerships;
3. hold the majority control;
4. be seeking financing to start a business, or to help buy an existing business;
5. be located within the service area of CBDC Cumberland.

Application Steps:

For details about application process, applicants must reach out to CBDC Cumberland team through:
Phone: (902) 667-5700
https://www.cbdc.ca/contact.

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Cumberland team through:
Phone: (902) 667-5700
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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