Community Business Development Corporation (CBDC) Labrador First-Time Entrepreneur Loan
$150,000.00
Loan
Description:
The First-Time Entrepreneur Loan, offered by CBDC Labrador, is specifically designed for individuals embarking on their first entrepreneurial endeavor, with the goal of launching 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 Labrador.
Application Steps:
For details about application process, applicants must reach out to CBDC Labrador team through:
Phone: (709) 896-5814
https://www.cbdc.ca/contact.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Labrador team through:
Phone: (709) 896-5814
https://www.cbdc.ca/contact.
Other Things to Note:
- All
- and Mud Lake.
- Black Tickle
- Business Purchase or Transfer
- Capstan Island
- Cartwright
- Charlottetown
- Churchill Falls
- Forteau
- Happy Valley-Goose Bay
- Hopedale
- L'anse Au Clair
- L'anse Au Loup
- Labrador
- Labrador City
- Lodge Bay
- Makkovik
- Mary's Harbour
- Nain
- Natuashish
- Newfoundland and Labrador
- Non-profit Organization
- Norman Bay
- North West River
- Pinsents Arm
- Pinware
- Port Hope Simpson
- Postville
- Red Bay
- Rigolet
- Sheshatshiu
- St. Lewis
- Start a Business
- Wabush
- West St. Modeste
About the author
Maurice
