CBDC Central PEI
Prince Edward Island - CBDC Central PEI

Our office services the Central PEI region from approximately Ten Mile House to Canoe Cove going west to Northam Rd.  (Lot # 14 – 35, 65, 67 and the town of Kensington), including all the communities in between.

In addition to the CBDC Central PEI portfolio, we also deliver the Impact Atlantic Loan Program to Charlottetown/Cornwall/Stratford.

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.

CBDC Central PEI has a strong committment to serving the small business community.

CBDC Central PEI is a member of:
Atlantic Association of CBDCs
459 Murray Street, PO Box 40
Mulgrave, Nova Scotia, B0E 2G0
CBDC Central PEI
Address
11 Water Street East
Summerside, PE
C1N 1A2
Contact
Hours
Monday - Friday
8:30am - 4:30pm
Back to Map
Business Loan Application
The CBDC Central PEI Team
Claus Schmidt
Executive Director
Dominic Paxton
Program Coordinator
Blaize Gallant
Marketing & Communications Assistant
Krista Thompson
Office Manager
Rebecca Curley
Business Development Loans Officer
Our Volunteer Boards
Our Volunteer Boards

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 Central PEI Loan Programs

CBDC provides tailored financing, expert guidance, and essential support.

Programs and services delivered by CBDCs may vary by region.
First Time Entrepreneur Loan

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.

General Business Loan

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.

Impact Loan Program

The Impact Loan supports entrepreneurs in Charlottetown, Stratford, and Cornwall with up to $50,000 in financing and no early repayment penalties. Fast, flexible, and designed for growth.

Innovation Loan

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.

Social Enterprise Loan

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.

Youth Loan Program

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.

CBDC Central PEI Training Programs

Tailored training for businesses in our region.

Programs and services delivered by CBDCs may vary by region.
Business Management Skills Training

Learn essential skills in leadership, organizational management, and strategic planning to run your business more effectively.

Consultant Advisory Services (CAS)

Access expert guidance and funding through CBDC’s CAS Program to help SMEs grow through planning, assessments, and strategic development support.

Entrepreneurial Training Fund

The Entrepreneurial Training Fund is designed to provide funding to entrepreneurs to enable them to strengthen their overall business management skills through training and counselling.

Sign up for our Newsletter

Be the first to hear about new training programs, and events that can help your business grow. Sign up for the CBDC newsletter today!

Business Planning Tools

Create a Strong Foundation for Your Business

Our business planning tools help you build a solid foundation for success. Use these templates and guides to develop a comprehensive business plan that covers all the key areas, from financial forecasting to market analysis.
Programs and services delivered by CBDCs may vary by region.
CBDC Central PEI News
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Let us help you grow and thrive.

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.