CBDC Eastern Initiatives

76A Manitoba Drive
Clarenville NL  A5A 1K6

Phone: 709.466.1170

CBDC Eastern Initiatives

• Financial assistance to a maximum of $150,000 is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs.

• Business counselling & advice is available to small businesses. We help businesses to succeed and therefore we give high priority to the advisory role of our mandate.

• Entrepreneurship development and training to individuals and small business owners/managers is available in many of our offices.

• Technical assistance usually takes the form of guidance and coaching, and sometimes advocating on behalf of our clients to other lending establishments or regulatory agencies.

Typically, our services are targeted to entrepreneurs who require customized financing not normally available from traditional sources.

Volunteer Boards
One of the keys to our success is that investment decisions are made by an independent Board of Directors sensitive to the needs of the community. The directors are volunteers, generally business men and women, who believe in our communities and possess an outstanding commitment to making them a better place in which to live and work. Past surveys have indicated that the strength of the CBDCs is in our volunteer Boards. The knowledge of the local markets, the business environment and people is the basis for our effectiveness and success.

CBDCs provide financial assistance, business advice and skills training in support of small business development.

CBDC Eastern Initiatives provides commercial loans, business counselling and business skills training to new entrepreneurs and existing businesses.

We are one of 41 CBDCs located throughout Atlantic Canada that assist in the creation, expansion and modernization of small businesses by providing financial and technical support to entrepreneurs.

CBDC Eastern Initiatives was created to provide entrepreneurial, commercial, financial, marketing, and other business advice and counselling to small business and to other persons seeking to establish new businesses.

Show Map Website

Business Information


Founded: 1992

Categories: Business Services, Commercial Bank, Community Organization

Hours

Mon: 8:30 am - 4:30 pm
Tue: 8:30 am - 4:30 pm
Wed: 8:30 am - 4:30 pm
Thu: 8:30 am - 4:30 pm
Fri: 8:30 am - 4:30 pm



Report a Problem

St. John's Tweets

Darren Scott
Darren Scott
Beautiful Coastal Ridge trail on the Eastport Peninsula. Ranks right up there with other NL trails with its views/c… https://t.co/1jmzvQcARv

Ally Baird
Ally Baird
No kids and no work = productive day. 24x36” ~ acrylic on canvas #nlarts #art #painting #newfoundland #buyart… https://t.co/3ZMWpjwkdQ

kim montague
kim montague
My little cat got a good life!

Ally Baird
Ally Baird
Hope you’re all having a lovely Thanksgiving! Feeling the chilly Fall vibes in my studio today with this 10x20” pai… https://t.co/HO7DrgrLwN

Aaron John Parsons
Aaron John Parsons
Basilica of St. John The Baptist, St. John’s Newfoundland. Lovely Basilica that was visited by St. Pope John Paul 2… https://t.co/roKvPns5nX

Max Little
Max Little
#ColumbusDay Columbus did not discover America. There is a Viking Settlement from ~1000AD in my home province of… https://t.co/wME83CPwcd

TMJ-NL Jobs
TMJ-NL Jobs
We're hiring in #StJohnS, NL! Click the link in our bio to apply to this job and more: Store Associate, Part Time,… https://t.co/NHzjgAHbEM

RE/MAX St. John’s / Mount Pearl
RE/MAX St. John’s / Mount Pearl
Exceptional fully developed end unit 50+ Condo that's centrally located near all amenities and only minutes from th… https://t.co/2KtCZUbHJF

Mark
Mark
RT @PPCBen: We need less promises and more financial responsibility! #cdnpoli #nlpoli #newfoundland #election2019 #elxn43 #ChooseMaxime #P…