Amount:
$150,000.00
Type of Program:
Grants & Loan
Description:
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:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
The applicant must:
Application Steps:
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.
Program Contact:
Toni Mladineo says
Freedumb, a Canadian startup brand is pre-commercialization of Enigma. A conscious product (utility patent pending) that makes smoking responsible as it can be; a product with a high valued proposition. Enigma will be saving lives, smoke kills about 600,000 people worldwide. Cigarette smokers of the world numbering about 1.1 billion, results in about 6 trillion cigarettes smoked each year, is at min is about 350 million kilograms of CO2 that could be eliminated. Enigma is also preventing 3rd degree smoking of getting in direct contact with the toxic surfaces; smoke sticks to everything. Cigarettes contains over 7000 chemicals, and 250 are harmful, while 69 cause cancer. By eliminating the smoke, we are saving everyone money. The U.S loses about 5 billion dollars a year on hospital health care. Renters (damage deposit). One study found that smoking in a home can reduce its value by up to 29%. Since smoking is so detrimental for everyone and the whole planet, Freedumb will be taking initiative and plant three trees, for every Enigma sold; further ensuring that as much of CO2 is absorbed, as possible.
We still need to refine the product a little and have official testing on the total percentage of smoke absorption. Currently, there is even interest from European distributer for Enigma, but we need funds to finalize things and take it to a global market. Is this something we can get a loan for?