In Nova Scotia, there are 13 CBDCs offering financial, training and advisory services to entrepreneurs. The CBDCs work collectively through the Nova Scotia Association of CBDCs, an umbrella organization that supports the common needs of the CBDCs. CBDCs share best practices, promote entrepreneurship and deliver provincial initiatives such as Students in Business, Small Business Week and the Canada/Nova Scotia Youth Internship Program.
It’s a grey summer morning and Dreams Bridal Boutique won’t be open for another hour. But for owners Sindi Cranley and April Roy, the action started a few hours ago &
Seed Capital Program The Seed Capital Program provides loans, with flexible interest and repayment terms, to help start, expand or improve a small business. The Program also provides up to $2,000 for specialized training and business counselling (Subject to Availability of funds).
Students in Business
The Students in Business Program is a government sponsored interest-free loan program for students in Nova Scotia wanting to start their own business.
Financial Assistance
CBDCs assist entrepreneurs who may have had difficulties accessing capital from traditional lenders and are unable to qualify or meet the credit standards of the conventional lending institutions.