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.
New Brunswick Contact(s):
CBDC Chaleur
Community Business Development Corporations
Suite 212-J
275 Main Street
Bathurst, New Brunswick
E2A 1A9
Telephone: (506) 548-5951
Fax: (506) 548-5008
Web site:
http://www.chaleurcbdc.ca/net/main.aspx?session=200400002§ion;=200400015〈=en
CBDC Charlotte/Kings
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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