Community Business Development Corporation (CBDC) NORTIP First-Time Entrepreneur Loan
$150,000.00
Loan
Description:
The First-Time Entrepreneur Loan, offered by CBDC NORTIP, is specifically designed for individuals embarking on their first entrepreneurial endeavor, with the goal of launching 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 NORTIP.
Application Steps:
For details about application process, applicants must reach out to CBDC NORTIP team through:
Phone: (709) 247-2232
Online Contact Form
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC NORTIP team through:
Phone: (709) 247-2232
Online Contact Form
Other Things to Note:
About the author
Maurice