Community Business Development Corporation (CBDC) Blue Water Youth Loan
$150,000.00
Loan
Description:
The Youth Loan is available as a repayable loan with competitive interest rates and repayment terms. It can also help young entrepreneurs cover the cost of business management and other training to make sure that your business venture gets off on the right track.
Comments on Funding:
Funding takes the form of a repayable loan of up to $150,000, with competitive interest rates and repayment terms.
Continuous Intake
Eligibility:
Applicants must:
1. be youth borrowers;
2. be aged 18-34;
3. be in any of these legal structures:
a) sole proprietors;
b) limited companies;
c) partnerships.
4. hold the majority control;
5. be seeking financing for business startup, modernization, expansion or acquire assets of a previous business;
6. have intended business operations not having a negative impact on existing area businesses;
7. have a reasonable expectation of economic viability, as well as employment creation and/or maintenance in their community;
8. have seasonal and year-round businesses;
9. be located within the service area of CBDC Annapolis Ventures Ltd.
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:
- All
- and Dartmouth.
- and Middle Musquodoboit
- Beaverbank
- Bedford
- Business Purchase or Transfer
- but excluding the metro areas of Halifax
- covering the rural areas between Ecum Secum and Hubbards
- Eastern Passage
- Equipment or Property (lease or buy)
- Expand a Business
- including communities such as Tantallon
- Lower Sackville
- Non-profit Organization
- Nova Scotia
- Old Halifax
- Old Halifax Regional Municipality (HRM)
- Porters Lake
- Sheet Harbour
- Start a Business
- The Prestons
- Timberlea
- Working Capital
- Youth
About the author
Maurice
