Community Business Development Corporation (CBDC) Northumberland Innovation Loan

Amount:

$150,000.00

Type:

Loan

Description:

The Innovation Loan from CBDC Northumberland is crafted to promote business productivity and efficiency within rural communities across Atlantic Canada. These innovative technologies may encompass adapted or repurposed existing methods for commercial use. Additionally, the loan can support financing for new products or services as well as training initiatives.

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 Northumberland 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 Northumberland through:
Phone: (506) 778-2121
https://www.cbdc.ca/contact

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Northumberland through:
Phone: (506) 778-2121
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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