Up to $150,000 loan for implementing new technologies and increase busines productivity in Atlantic Canada
Community Business Development Corporations - CBDC Innovation Loan
Type of Funding
Loan
Max Funding
150,000.00
Region
Atlantic Canada
Application Difficuty
Average
Processing Time
Slow (A few months)
Province
Nova Scotia
New Brunswick
Prince Edward Island
New Brunswick
Prince Edward Island
Industry
N/A
Funding Goals
Increase productivity/quality/safety and/or efficiency.
RnD/Innovation/Develop a product or service.
RnD/Innovation/Develop a product or service.
Demographic
N/A
Incorporated
Yes
Contact
1-888-303-2232
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Financing for acquisition of equipment, software, processes or licenses, and other new technologies to improve business operations.
Eligibility
Rural based businesses across Atlantic Canada meeting the following criteria may qualify for CBDC's Innovation Loan: Available to new and existing entrepreneurs;
Both the business and the borrower must be located in rural areas; Year-round and seasonal businesses are acceptable. The business should have a realistic prospects of economic viability
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