CBDC Burin Peninsula serves an area comprising some 41 small towns and communities with a combined population of some 23,000 people. The local Burin Peninsula economy is driven mainly by the fishery and employment related to offshore oil metal fabrication activity. The region has a robust retail and service sector.
CBDC Burin Peninsula offers support to small businesses throughout the region through its many programs and services.
- Monkstown
- Terrenceville
- Grand Le Pierre
- English Harbour East
- Little Harbour East
- Bay L’Argent
- St. Bernard’s
- Jacques Fontaine
- Little Bay East
- Harbour Mille
- South East Bight
- Petite Forte
- Brookside
- Boat Harbour
- Parker’s Cove
- Rushoon
- Baine Habour
- Red Harbour
- Spanish Room
- Rock Harbour
- Jean de Baie
- Marystown
- Beau Bois
- Burin
- Lewin’s Cove
- Big Salmonier
- Epworth
- Fox Cove – Mortier
- Little St. Lawrence
- St. Lawrence
- Lawn
- Lord’s Cove
- Point au Gaul
- Allan’s Island
- Lamaline
- Point May
- Fortune
- Grand Bank
- Grand Beach
- Frenchman’s Cove
- Winterland
- Garnish
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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 Newcomer Loan Program offers up to $20,000 in repayable loans to help newcomers in Newfoundland and Labrador start or buy a business, with additional training and support available.
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.
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.