Community Business Development Corporation (CBDC) Cumberland First-Time Entrepreneur Loan
$150,000.00
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.
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:
About the author
Maurice