Community Business Development Corporation (CBDC) South Coast Newcomer Loan Program

Amount:

$20,000.00

Type:

Loan

Description:

The Newcomer Loan Program aims to offer financing to individuals who may be overlooked due to their residency status. This initiative provides repayable loans of up to $20,000 to newcomers, enabling them to establish a startup or acquire an existing business in Newfoundland & Labrador.

Comments on Funding:

Funding is a loan of up to $20,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be individuals;
2. be 19 years old or older;
3. have no permanent resident status;
4. be from all sectors, with eligibility extending to all communities within the service area of CBDC South Coast.

Application Steps:

For details about application process, applicants must reach out to CBDC South Coast team through:
Phone: (709) 538-3846
Online Contact Form

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC South Coast team through:
Phone: (709) 538-3846
Online Contact Form

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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