Since 1981, InRich CBDC has been providing valuable business development services to both Inverness and Richmond Counties on beautiful Cape Breton Island. We are proud of our clients and their accomplishments, assisting over 1,400 businesses with start-up and expansions, supporting many various sectors and industries to grow and prosper.
With office locations in Inverness and Louisdale, InRich serves a population of approximately 28,000. Our region is home to the Cabot Trail, one of the “10 Best Drives” in the world as rated by Road and Track. Cape Breton Island was recently rated as one of the most beautiful Island in the world to visit by a popular travel magazine.
The region encompasses diverse and distinct cultures that shape its arts and entertainment. The area, which has a strong Scottish heritage, is also home to thriving Acadian and First Nation communities. Adding to this diversity are immigrants from around the globe who have come to enjoy the positive energy of the area as well as the lifestyle and wealth of opportunity afforded by living and working here. Many local communities present summer festivals with a multitude of activity for young and old.
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.