Community Business Development Corporation (CBDC) Blue Water First-Time Entrepreneur Loan

Amount:

$150,000.00

Type:

In-Kind Support, Loan

Description:

CBDC Blue Water created the First-Time Entrepreneur Loan to help people who are starting a business for the first time. It also offers counselling and training services to help them become a profitable, self-sufficient, and successful businessperson.

Comments on Funding:

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

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be a new, first-time entrepreneur living in a rural area of Halifax Regional Municipality;
2. have both seasonal and year-round businesses;
3. be seeking financing for:
a) business start-up, or to help buy an existing business;
b) covering start-up costs, fixed assets, working capital, buildings and land, furniture and fixtures, machinery or other types of equipment, and possibly vehicles used strictly for business operations.

5. Franchise purchases and Leasehold improvements are also eligible.

Application Steps:

For details about application processes, applicants must reach out to CBDC Blue Water team through:
Phone: (902) 827-5564
https://bluewatercbdc.ca/pages/staff

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Blue Water team through:
Phone: (902) 827-5564
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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