Type of Program:
Grants & Loan
The CBDC Clean Technology Loan provides flexible financing to new and existing entrepreneurs in rural Atlantic Canada in support of the adoption, adaption and/or commercialization of clean technology.
Comments on Funding:
Funding is up to $150,000 per eligible borrower, in the form of a repayable loan with competitive interest rates and repayment terms. Loans can be from one year to ten years.
All loans will be secured where appropriate.
When It Ends:
The applicant must:
Applicants must contact the CBDC personnel for further details.
Other Things to Note:
In addition to the loan product, a Clean Technology Fund will be established with a Clean Technology Advisory Services component that will assist small- and medium-sized enterprises and social enterprises to assess clean technology solutions for their businesses.
Programs and services delivered by CBDCs may vary by region.