Community Business Development Corporation (CBDC) Western PEI First-Time Entrepreneur Loan

Amount:

$150,000.00

Type:

Loan

Description:

The CBDC Western PEI’s First-Time Entrepreneur Loan is designed for individuals venturing into entrepreneurship for the first time, aiming to launch a startup in a rural community located within Atlantic Canada.

Comments on Funding:

Funding is a loan of up to $150,000.

Deadline:

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 Western PEI.

Application Steps:

For details about application process, applicants must reach out to CBDC Western PEI through:
Phone: (902) 853-3636
https://www.cbdc.ca/contact

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Western PEI through:
Phone: (902) 853-3636
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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