Community Business Development Corporation (CBDC) Humber Innovation Loan
$150,000.00
Loan
Description:
The Innovation Loan provided by CBDC Humber aims to boost business productivity and efficiency in rural communities throughout Atlantic Canada. These pioneering technologies might encompass adapted or repurposed existing methods for commercial use. Additionally, the loan can offer funding for the creation of new products or services, along with backing training programs.
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 Humber 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 Humber team through:
Phone: (709) 639-7755
Tobi Biggin, Executive Director – tobi.biggin@cbdc.ca
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Humber team through:
Phone: (709) 639-7755
Tobi Biggin, Executive Director – tobi.biggin@cbdc.ca
Other Things to Note:
- All
- and Howley); White Bay South (Hampden
- Benoit’s Cove
- Bonne Bay
- Cormack
- Corner Brook and Area (Town of Massey Drive); the North and South Shores of the Bay of Islands (Hughes Brook
- Cox’s Cove
- Deer Lake
- Gillams
- Glenburnie-Birchy Head-Shoal Brook
- Humber Valley Resort
- Humber Village
- Jackson’s Arm and Sop’s Arm); and the Bonne Bay area (Wiltondale
- John’s Beach and Frenchman’s Cove)
- Little Rapids
- McIvers
- Meadows
- Mount Moriah
- Newfoundland and Labrador
- Non-profit Organization
- Pasadena
- Pynn’s Brook
- Reidville
- Rocky Harbour and Norris Point).
- Technology Adoption
- the Town of Irishtown-Summerside
- Town of Humber Arm South (which include the communities of Halfway Point
- Train Employees/Skill Development
- Trout River
- Western Newfoundland
- White Bay South
- Woody Point
- York Harbour and Lark Harbour); the Humber Valley Region (Steady Brook
About the author
Maurice