Funding / Financial Programs

Updated June 30, 2021 @ 03:22 pm

Having a conversation with any of these funding agencies is so important.  All of them have contact people whose job it is to give you the advice you need.  Have a phone call or face to face meeting, if possible, with them follow-up with email. Check with your current banking institution to see what lending options they have available for your business.

Some questions you may want to answer before you speak with them include:

• Who you are ?
• What your business is about and what you do ?
• Who your target market is ?
• How you plan to deliver your product or service ?
• What your 5-10 year plan might be ?
• What your opportunity for growth is ?

BDC – Business Development Bank of Canada

The only bank exclusively devoted to entrepreneurs.  They provide services for financing, advisory services, and capitol.

CBDC – Community Business Development Corporations

This is a not for profit entity dedicated to helping Atlantic Canadian business success. They have business consultants you can connect with to get advice specifc to you and your business.

MBO – Metro Business opportunities

“Metro Business Opportunities is dedicated to the development of Business and Social Enterprise in St. John’s and Mount Pearl. Through advisory, lending, and training programs, MBO’s knowledgeable team helps potential and existing entrepreneurs of all ages with idea generation, business start-up, and successful growth.”

ArtsNL – Newfoundland and Labrador Arts Council

Non- profic crown agencysupport a variety of granting programs, office administration, and communications.