Type of Program:
The Business Valuation and Succession Planning is available for commercial businesses in Newfoundland and Labrador. Professional valuators will be engaged directly by CBDCs and small businesses in rural communities to estimate the economic value of an owner's interest in a business in order to help businesses determine the sale price of an existing business.
Comments on Funding:
Funding is 75% of eligible costs to a maximum of $7,500 to conduct business valuations.
When It Ends:
contact the CBDC personnel for further details,
pay an application fee of 3%, to a maximum of $300.
No specific documentation has been identified.
Other Things to Note:
No other details available.