Community Business Development Corporation (CBDC) Eastern Newcomer Loan Program
$20,000.00
Loan
Description:
The Newcomer Loan Program aims to offer financing to individuals who may be overlooked due to their residency status. This initiative provides repayable loans of up to $20,000 to newcomers, enabling them to establish a startup or acquire an existing business in Newfoundland & Labrador.
Comments on Funding:
Funding is a loan of up to $20,000.
Continuous Intake
Eligibility:
Applicants must:
1. be individuals;
2. be 19 years old or older;
3. have no permanent resident status;
4. be from all sectors, with eligibility extending to all communities in 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
- Newcomer to Canada
- Newfoundland and Labrador
- Non-profit Organization
- Random Island
- Southwest Arm (Queens Cove to Southport)
- Start a Business
About the author
Maurice
