Community Business Development Corporation (CBDC) Digby-Clare Youth Loan
$150,000.00
Loan
Description:
The Youth Loan initiative offered by CBDC Digby-Clare is customized to meet the needs of young entrepreneurs in Atlantic Canada who seek financial support for diverse purposes, including starting a new venture, improving an existing one, expanding operations, or acquiring a business.
Comments on Funding:
Funding takes the form of a repayable loan of up to $150,000, with competitive interest rates and repayment terms.
Continuous Intake
Eligibility:
Applicants must:
1. be youth borrowers;
2. be aged 18-34;
3. be in any of these legal structures:
a) sole proprietors;
b) limited companies;
c) partnerships.
4. hold the majority control;
5. be seeking financing for business startup, modernization, expansion or acquire assets of a previous business;
6. have intended business operations not having a negative impact on existing area businesses;
7. have a reasonable expectation of economic viability, as well as employment creation and/or maintenance in their community;
8. have seasonal and year-round businesses;
9. be located within the service area of CBDC Digby-Clare.
Application Steps:
For details about application process, applicants must reach out to CBDC Digby-Clare team through:
Phone: (902) 245-6166
https://www.cbdc.ca/contact.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Digby-Clare team through:
Phone: (902) 245-6166
https://www.cbdc.ca/contact.
Other Things to Note:
- Acaciaville
- All
- and Seabrook
- Ashmore
- Bangor
- Barton
- Bayview
- Bear Cove
- Bear River
- Beaver River
- Belliveaus Cove
- Briar Lake
- Brighton
- Business Purchase or Transfer
- Cape St. Mary's
- Central Grove
- Centreville
- Church Point
- Comeauville
- Concession
- Conway
- Corberrie
- Culloden
- Doucetteville
- East Ferry
- Easton
- Equipment or Property (lease or buy)
- Expand a Business
- Freeport
- Gilberts Cove
- Grosses Coques
- Hassett
- Havelock
- Hectanooga
- Hillgrove
- Jordantown
- Lake Doucette
- Little Brook
- Little River
- Marshalltown
- Mavillette
- Maxwellton
- Maxwellton Station
- Mayflower
- Meteghan
- Meteghan River
- Meteghan Station
- Mink Cove
- Moody's Corner
- Morganville
- New Edinburgh
- New Tusket
- Non-profit Organization
- North Range
- Nova Scotia
- Plympton
- Richfield
- Rossway
- Salmon River
- Sandy Cove
- Saulnierville
- Saulnierville Station
- Sissiboo Falls
- Smith's Cove
- Southville
- St. Alphonse de Clare
- St. Benoni
- St. Bernard
- St. Joseph
- St. Martin de Clare
- Start a Business
- Tiddville
- Tiverton
- Weaver Settlement
- Western Region
- Westport
- Weymouth
- Weymouth Falls
- Whale Cove
- Woodvale
- Working Capital
- Youth
About the author
Maurice
