Community Business Development Corporation (CBDC) Eastern First-Time Entrepreneur Loan
$150,000.00
Loan
Description:
The First-Time Entrepreneur Loan, provided by CBDC Eastern, is tailored for individuals venturing into their inaugural entrepreneurial journey, aiming to establish a startup within a rural community in Atlantic Canada.
Comments on Funding:
Funding is a loan of up to $150,000.
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 Eastern.
Application Steps:
For details about application process, applicants must reach out to CBDC Eastern team through:
Phone: (709) 466-1170
https://www.cbdc.ca/contact.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Eastern team through:
Phone: (709) 466-1170
https://www.cbdc.ca/contact.
Other Things to Note:
- All
- and all communities on the Bonavista Peninsula
- Between Arnold’s Cove to Port Blandford
- Business Purchase or Transfer
- Eastern Region
- George’s Brook – Milton to Burgoynes Cove
- Goobies to Swift Current
- Newfoundland and Labrador
- Non-profit Organization
- Random Island
- Southwest Arm (Queens Cove to Southport)
- Start a Business
About the author
Maurice
