Community Business Development Corporation (CBDC) Humber 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 Humber.
Application Steps:
For details about application process, applicants must reach out to CBDC Humber team through:
Phone: (709) 639-7755
Tobi Biggin, Executive Director – tobi.biggin@cbdc.ca
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Humber team through:
Phone: (709) 639-7755
Tobi Biggin, Executive Director – tobi.biggin@cbdc.ca
Other Things to Note:
- All
- and Howley); White Bay South (Hampden
- Benoit’s Cove
- Bonne Bay
- Business Purchase or Transfer
- Cormack
- Corner Brook and Area (Town of Massey Drive); the North and South Shores of the Bay of Islands (Hughes Brook
- Cox’s Cove
- Deer Lake
- Gillams
- Glenburnie-Birchy Head-Shoal Brook
- Humber Valley Resort
- Humber Village
- Jackson’s Arm and Sop’s Arm); and the Bonne Bay area (Wiltondale
- John’s Beach and Frenchman’s Cove)
- Little Rapids
- McIvers
- Meadows
- Mount Moriah
- Newcomer to Canada
- Newfoundland and Labrador
- Non-profit Organization
- Pasadena
- Pynn’s Brook
- Reidville
- Rocky Harbour and Norris Point).
- Start a Business
- the Town of Irishtown-Summerside
- Town of Humber Arm South (which include the communities of Halfway Point
- Trout River
- Western Newfoundland
- White Bay South
- Woody Point
- York Harbour and Lark Harbour); the Humber Valley Region (Steady Brook
About the author
Maurice
