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Community Business Development Corporations (CBDCs)Atlantic Canada Opportunities Agency (ACOA) Last Verified:
2006-06-19
Eligibility CriteriaEligibility criteria may vary from office to office. To obtain further information, contact one of the CBDCs directly. SummaryWhat are CBDCs?In its efforts to create jobs and help build a sustainable Atlantic economy, ACOA constantly strives to improve access to federal government programming for Atlantic entrepreneurs. ACOA has linked its resources, both financial and technical, to those of the 41 Community Business Development Corporations (CBDCs) located throughout rural Atlantic Canada. This strategic alliance of resources has helped to establish an effective community-based development infrastructure in Atlantic Canada while reducing the overlap and duplication of federal services and helping entrepreneurs in Atlantic Canada to get the information, advice, and capital they need to make their businesses succeed. The CBDCs are autonomous, not-for-profit* corporations servicing the rural regions of Atlantic Canada supported by ACOA. They assist in the creation of small businesses and in the expansion, modernization and stabilization of existing businesses. They offer both technical and financial services for entrepreneurs in their respective regions. Types of AssistanceTechnical assistance usually takes the form of information, counselling and advice on small business related matters. Financial assistance is usually in the form of a loan but may include equity or loan guarantees. These financial services are targeted to entrepreneurs who have difficulty securing capital through traditional sources of funding. They do not compete with financial institutions. TermsAll the loans are repayable. For qualifying clients, the maximum loan amount is $150 000. Investment decisions are made by an independent local board of directors sensitive to the needs of community. Some related provincial and/or federal government programs are delivered or facilitated through the CBDCs. This will vary from office to office. For more information, you may visit the Web site or contact the CBDC toll-free at 1-888-303-2232. *Note: "non-profit" also known as nonprofit organizations, non profit organizations, not-for-profit organizations, voluntary organizations and volunteer organizations. New Brunswick Contact(s):
Community Business Development Corporations Suite 202 123 Milltown Boulevard P.O. Box 455 St. Stephen, New Brunswick E3L 2X3 Telephone: (506) 466-5055 Fax: (506) 466-4859 Web site: http://www.charlottecbdc.ca/net/main.aspx?session=200400010§ion;=200400015⟨=en CBDC Kent Community Business Development Corporations 190 Irving Boulevard Bouctouche, New Brunswick E4S 3L7 Telephone: (506) 743-2422 Fax: (506) 743-1033 Web site: http://cbdckent.ca/net/main.aspx?session=200400003§ion;=200400015⟨=en CBDC Madawaska Community Business Development Corporations Room 407 121 de l'Église Street Edmundston, New Brunswick E3V 1J9 Telephone: (506) 737-8925 Fax: (506) 737-8922 Web site: http://www.madawaskacbdc.ca/net/main.aspx?session=200400005§ion;=200400015⟨=en CBDC Northumberland Community Business Development Corporations 158 Wellington Street Miramichi, New Brunswick E1N 1L9 Telephone: (506) 778-2121 Fax: (506) 778-2224 Web site: http://www.cbdcnorthumberland.ca/net/main.aspx?session=200400008§ion;=200400015⟨=en CBDC Péninsule Acadienne Community Business Development Corporations 439 du Moulin Street P.O. Box 3666, Main Station Tracadie-Sheila, New Brunswick E1X 1G5 Telephone: (506) 395-9700 Fax: (506) 395-5672 Web site: http://www.cbdcpa.ca/net/main.aspx?session=200400001§ion;=200400015⟨=en CBDC Restigouche Community Business Development Corporations 95 Roseberry Street P.O. Box 1089 Campbellton, New Brunswick E3N 2G6 Telephone: (506) 753-3344 Fax: (506) 753-7131 Web site: http://www.restigouchecbdc.ca/net/main.aspx?session=200400004§ion;=200400015⟨=en CBDC Southwest Community Business Development Corporations Suite 112 1910 Route 3 Harvey Station, New Brunswick E6K 2P4 Telephone: (506) 366-3022 Fax: (506) 366-3444 Web site: http://www.southwestcbdc.ca/net/main.aspx?session=200400007§ion;=200400015⟨=en CBDC Victoria Madawaska-South Community Business Development Corporations Suite 300 551 Main Street P.O. Box 7295 Grand Falls, New Brunswick E3Z 2W4 Telephone: (506) 473-6446 Fax: (506) 473-1280 Web site: http://www.madviccbdc.ca/net/main.aspx?session=200400006§ion;=200400015⟨=en CBDC Westmorland Albert Community Business Development Corporations 337A Main Street Shediac, New Brunswick E4P 2B1 Telephone: (506) 532-8312 Fax: (506) 532-1373 Web site: http://www.cbdcwestmorlandalbert.ca/net/main.aspx?session=200400009§ion;=200400015⟨=en National Contact(s): See regional contact(s). |
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