Amount:$21,500 Type of Program:Subsidy Description:Digital Skills 4 Youth PEI’ (DS4Y PEl) is a new internship opportunity for Island youth that provides financial support to Island businesses or non-profit organizations who will act as ‘Intern Host Organizations’ (IHOs). Comments on Funding:Funding is a maximum of $21,500 per intern in salary funds, understood to be 75% of…
Amount:$150,000.00 Type of Program:Loan Description:The CBDC General Business Loan provides financing to businesses in rural Atlantic Canada for a wide range of expenses including: start-up, land and buildings, fixed assets, machinery and other equipment, fixtures and furniture. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and…
Amount:$150,000.00 Type of Program:Loan Description:The CBDC Innovation Loan is designed to encourage business productivity and effectiveness in the communities of rural Atlantic Canada by advancing the adoption of technologies for business. New technologies may include existing methods that have been adapted or repurposed for commercial applications. The loan could also be used for financing for…
Amount:No Fixed Amount Type of Program:Loan Description:The CBDC Youth Loan Program provides financial assistance to young entrepreneurs aged 18-34 for business startup, expansion or modernization in rural Atlantic Canada. Comments on Funding:Funding is available in the form of a repayable loan with competitive interest rates and repayment terms. Financial options may include: demand and term loans,…
Amount:No Fixed Amount Type of Program:Loan & Loan Guarantee & Investment Description:The Community Futures program helps to create jobs in rural areas. This is done with the help of more than 40 Community Business Development Corporations (CBDCs) throughout Atlantic Canada.Comments on Funding:The financial help will take the form of loans, loan guarantees and equity financing. …
