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CBDC Social Enterprise Loan
Up to $150,000 in loans to expand, renovate, or purchase assets for social enterprises in Atlantic Canada.
About this program
The CBDC Social Enterprise Loan provides repayable financing of up to $150,000 to non-profit organizations and social enterprises in rural Atlantic Canada, including New Brunswick. The loan can be used to purchase machinery, equipment, or other items necessary for continued business operations, as well as for expansion, renovation, or asset purchases that further the social enterprise's mission. Available through local CBDCs across New Brunswick.
Eligibility
Social enterprises and non-profit organizations operating in rural areas of New Brunswick. Must be a social enterprise generating revenue while addressing community needs.
Requirements
- Operating in rural New Brunswick
- Social enterprise or non-profit organization
- Revenue-generating activity addressing community/social needs