Impact Loan Program (CBDC)
The Impact Loan, funded by ACOA, provides up to $50,000 in low-interest, flexible, and repayable financing with business training support to help entrepreneurs in Greater Moncton (Moncton, Dieppe, and Riverview) grow their businesses.
- Community Business Development Corporation (CBDC)
Overview of the Impact Loan Program (CBDC) program:
The Impact Loan supports small and medium-sized businesses in Greater Moncton by offering repayable loans of up to $50,000 at low interest rates. It features flexible repayment terms with no penalty for early repayment. The program also provides access to business skills development training. Funded by the Atlantic Canada Opportunities Agency (ACOA), it aims to help entrepreneurs in Moncton, Dieppe, and Riverview grow their businesses through a fast and simple application process.
Benefits of the Impact Loan Program (CBDC) program:
- Repayable loans of up to $50,000
- Low interest rates, with flexible repayment terms
- No penalty for early repayment of loan principal
- Access to business skills development training
Eligibility criteria of the Impact Loan Program (CBDC) program:
- Available to entrepreneurs in Greater Moncton (Moncton, Dieppe & Riverview)
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Other Grants and Funding by Region
R&D Partnership Fund – Connected and Autonomous Vehicle (C/AV) and Smart Mobility: Stream 2OPEN
- Ontario Vehicle Innovation Network (OVIN)