Type of Program:
Investment, Loan, Loan Guarantee
The CBDC First-Time Entrepreneur Loan provides financing of up to $150,000 to new entrepreneurs who live in a rural community in Atlantic Canada.
Comments on Funding:
Funding is up to $150,000 per eligible borrower.
The loans are repayable and have competitive interest rates and repayment terms. Financing may be term or demand loans, a loan guarantees, or equity investments.
When It Ends:
Applicants must contact the CBDC personnel for further details.
No specific documentation has been identified.
Other Things to Note:
Programs and services delivered by CBDCs may vary by region.