Community Business Development Corporation (CBDC) South Coast Innovation Loan

Amount:

$150,000.00

Type:

Loan

Description:

The Innovation Loan offered by CBDC South Coast aims to enhance business productivity and efficiency in rural communities across Atlantic Canada. These innovative technologies may involve modified or repurposed existing methods for commercial applications. Moreover, the loan can provide funding for the development of new products or services, as well as support for training programs.

Comments on Funding:

Funding is a loan of up to $150,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be new or existing entrepreneurs;
2. have commitment and dedication to the project;
3. have rural based businesses located in the service area of CBDC South Coast that meet these requirements:
a) year-round and seasonal businesses;
b) have a realistic prospects of economic viability.
c) demonstrate employment creation and/or maintenance;
d) demonstrate revenue potential.

Application Steps:

For details about application process, applicants must reach out to CBDC South Coast team through:
Phone: (709) 538-3846
Online Contact Form

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC South Coast team through:
Phone: (709) 538-3846
Online Contact Form

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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