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Impact Atlantic Program

Amount:$25,000.00 Type of Program:Loan Description:The Impact loan provides funding to SMEs in urban Atlantic Canada. Entrepreneurs of all ages can apply for a business start-up loan, while established business owners between 19 and 39 can avail of expansion financing.Comments on Funding:Funding of up to $25,000 with flexible repayment terms and no penalty for early repayment…

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Consultant Advisory Services

Amount:$5,000 Type of Program:Grants Description:Consultant Advisory Services provides financing to small businesses and not-for-profit organizations to cover the fees associated with hiring a professional consultant to address specific challenges, deficiencies and opportunities for the business or organization.Comments on Funding:Funding is up to 75% of the professional fees and costs, up to a maximum of $5,000.HST…

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CBDC Social Enterprise Loan

Amount:$150,000.00 Type of Program:Loan Description:The Social Enterprise Loan may be used to purchase machinery, equipment or other items necessary for continued business operations. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant must: be a new or existing…

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Clean Technology Loan

This program is currently closed. 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…

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Support

Amount:$5,000 Type of Program:Loan Description:The Support program provides assistance in the form of financing and skills development opportunities to registered non-profits in the cities of St. John’s and Mount Pearl to start or grow a Social Enterprise. By operating a Social Enterprise, an organization can generate funds for their programs, support their core mandate, gain…