CBDC Western PEI commenced operations in March of 1981. Our service area is western PEI. Investment decisions are made at the local level by a volunteer board of directors who offer diverse knowledge of our business environment, our people, and who believe strongly in their community. They understand the challenges that small and medium sized businesses face.
Mission Statement:
Foster economic and community development by providing rural business and social enterprises with access to flexible financing, training, and support services.
Investment decisions are made by an independent Board of Directors sensitive to the needs of its community. The directors are volunteers from the business sector dedicated to making their community a better place in which to live and work.
The strength of the CBDCs is in our volunteer boards. They have an intimate knowledge of the local markets, the business environment and the people in their communities.
CBDC provides tailored financing, expert guidance, and essential support.
Need help building your business knowledge? The ETF supports entrepreneurs with funding for essential training in areas like accounting, strategy, HR, and digital marketing.
This program provides financial assistance for individuals starting their first business or buying an existing one. The loan helps first time small businesses overcome the barriers of traditional lending and offers the guidance needed to launch a successful venture.
The CBDC General Business Loan offers up to $150,000 in flexible financing for rural Atlantic Canadian businesses seeking to start, expand, or improve operations, helping support economic growth and job creation in local communities.
The CBDC Innovation Loan provides up to $150,000 to help rural Atlantic Canadian businesses adopt new technologies, improve productivity, enhance services, train staff, and support infrastructure upgrades to remain competitive and drive economic growth.
The CBDC Social Enterprise Loan offers up to $150,000 to support rural Atlantic Canadian non-profits in starting, expanding, or upgrading socially-driven business operations that promote sustainable economic and community development.
The CBDC Youth Loan offers up to $150,000 in financing for rural Atlantic Canadian entrepreneurs aged 18–34 to support business startup, expansion, or modernization while fostering employment and economic growth in their communities.
We offer tailored financing, expert business advice, and practical support to help your business succeed. Whether you’re starting, expanding, or innovating, we’re here to guide you every step of the way.
Let’s discuss how we can elevate your business together.