Community Business Development Corporation (CBDC) Western PEI Innovation Loan
$150,000.00
Loan
Description:
CBDC Western PEI’s Innovation Loan is designed to encourage business productivity and effectiveness in the communities of rural Atlantic Canada. New technologies may include existing methods that have been adapted or repurposed for commercial applications. The loan could also be used for financing for new products or services and training.
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 Western PEI 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 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:
About the author
Maurice
