Community Business Development Corporations (CBDCs)
Atlantic Canada Opportunities Agency (ACOA)
Last Verified:
2006-06-19
Atlantic Canada's 41 CBDCs are a strategic and effective community-based development infrastructure. The programs and services they deliver are aimed at helping entrepreneurs and would-be entrepreneurs in Atlantic Canada get the information, advice, and capital they need to make their businesses succeed.
Eligibility Criteria
Eligibility criteria may vary from office to office. To obtain further information, contact one of the CBDCs directly.
Summary
What 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 Assistance
Technical 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.
Terms
All 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.
Nova Scotia Contact(s):
Annapolis Ventures Limited
Community Business Development Corporations
26 Bay Road
P.O. Box 478
Bridgetown, Nova Scotia
B0S 1C0
Telephone: (902) 665-2635
Fax: (902) 665-2769
Toll-free (information): 1-888-303-2232
E-mail: elizabeth.rice@cbdc.ca
Web site:
http://www.cbdc.ca
Blue Water Business Development Corporation Ltd.
Community Business Development Corporations
24 Rowlings Drive
P.O. Box 39
Musquodoboit Harbour, Nova Scotia
B0J 2L0
Telephone: (902) 889-9040
Fax: (902) 889-9101
Toll-free (information): 1-888-303-2232
E-mail: shar.turner@cbdc.ca
Web site:
http://www.bluewatercbdc.ca/
Coastal Business Opportunities Incorporated
Community Business Development Corporations
292 Charlotte Street, Suite 100
Sydney, Nova Scotia
B1P 1C7
Telephone: (902) 539-4332
Fax: (902) 562-1016
Toll-free (information): 1-877-232-2269
E-mail: patricia.macneil@cbdc.ca
Web site:
http://www.cbdc.ca
Community Business Development Corporations
103 Water Street (Pier 1 Complex)
P.O. Box 40
Yarmouth, Nova Scotia
B5A 4P4
Telephone: (902) 742-5364
Fax: (902) 742-1027
Toll-free (information): 1-888-303-2232
Web site:
http://www.cbdc.ca
Community Business Development Corporations
35 Church Street
P.O. Box 487
Amherst, Nova Scotia
B4H 4A1
Telephone: (902) 667-5700
Fax: (902) 667-1452
Toll-free (information): 1-888-303-2232
E-mail: randy.smith@cbdc.ca
Web site:
http://cumberland-cbdc.ca/
Digby-Clare Business Development Centre
Community Business Development Corporations
68 Water Street
P.O. Box 160
Digby, Nova Scotia
B0V 1A0
Telephone: (902) 245-6166
Fax: (902) 245-5011
Toll-free (information): 1-888-303-2232
E-mail: growthopportunities@ns.sympatico.ca
Web site:
http://www.cbdc.ca
Community Business Development Corporations
P.O. Box 199
Guysborough, Nova Scotia
B0H 1N0
Telephone: (902) 533-2770
Fax: (902) 533-2016
Toll-free (information): 1-888-303-2232
E-mail: wanda.macdonald@cbdc.ca
Web site:
http://www.guysboroughcountycbdc.ca/
Community Business Development Corporations
80 Water Street
P.O. Box 2788
Windsor, Nova Scotia
B0N 2T0
Telephone: (902) 798-5717
Fax: (902) 798-0464
Toll-free (information): 1-888-303-2232
E-mail: ken.crichton@cbdc.ca
Web site:
http://www.cbdc.ca
Community Business Development Corporations
15991 Central Avenue
P.O. Box 600
Inverness, Nova Scotia
B0E 1N0
Telephone: (902) 258-3698
Fax: (902) 258-3689
Toll-free (information): 1-888-303-2232
E-mail: perry.inrich@ns.sympatico.ca
Web site:
http://www.cbdc.ca
Northern Opportunities for Business Limited
Community Business Development Corporations
Colchester Development Centre
966 Prince Street
Truro, Nova Scotia
B2N 5C6
Telephone: 902-895-6625
Fax: 902-897-1157
Toll-free (information): 1-888-303-2232
E-mail: neil.pardy@cbdc.ca
Web site:
http://www.nobl.cbdc.ca/
Northern Business Opportunites Limited
Community Business Development Corporations
188 Main Street, Suite 2-2C
Antigonish, Nova Scotia
B2G 2B9
Telephone: (902) 863-3365
Fax: (902) 863-4095
Toll-free (information): 1-888-303-2232
E-mail: brian.patton@cbdc.ca
Web site:
http://www.nobl.cbdc.ca/
Community Business Development Corporations
980 East River Road
P.O. Box 40
New Glasgow, Nova Scotia
B2H 3S8
Telephone: (902) 752-7402
Fax: (902) 752-8856
Toll-free (information): 1-888-303-2232
E-mail: ron.obrien@cbdc.ca
Web site:
http://www.nobl.cbdc.ca/
Northside Economic Development Assistance Corporation
Community Business Development Corporations
1 Fraser Avenue, Suite 7
P.O. Box 99
Sydney Mines, Nova Scotia
B1V 2Y4
Telephone: 902-736-6211
Fax: 902-736-6212
Toll-free (information): 1-888-303-2232
E-mail: bruce.macdonald@cbdc.ca
Web site:
http://www.cbdc.ca
Community Business Development Corporations
157 Water Street
Enterprise Square
P.O. Box 189
Shelburne, Nova Scotia
B0T 1W0
Telephone: (902) 875-1133
Fax: (902) 875-4199
Toll-free (information): 1-888-303-2232
E-mail: shelburn@cbdc.ca
Web site:
http://www.cbdc.ca
South Shore Opportunities Ltd.
Community Business Development Corporations
137 Old Bridge Road
P.O. Box 1204
Liverpool, Nova Scotia
B0T 1K0
Telephone: (902) 354-2616
Fax: (902) 354-7355
Toll-free (information): 1-888-744-0444
E-mail: sso@cbdc.ca
Web site:
http://www.southshoreops.com/
National Contact(s):
See regional contact(s).
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