We are CBDC Celtic, part of a network of autonomous, not-for-profit organizations that work with all levels of government and the private sector to meet the needs of small business.
In rural Newfoundland and Labrador there are 15 Corporations dedicated to the development of small business and job creation. CBDCs have been in operation for over 30 years.
For more information, please contact us.
- Blackhead
- Petty Harbour-Maddox Cove
- Goulds
- Bay Bulls
- Bauline East
- LaManche
- Cappahayden
- Portugal Cove South
- Mall Bay
- Riverhead St. Mary’s
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.
- Marilyn Oates – Chair
- Evelyn Reid – Chair Elect
- Amanda Carter – Secretary/Treasurer
- Keith Sullivan – Director
- Jodie Veldman – Director
- Sharon Topping – Director
- Matt Cole – Director
- Don Hearn - Director
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.