Backgrounder: Atlantic Canada Opportunities Agency helps grassroots communities put business ideas into action

Breakdown of Government of Canada’s investment in Nova Scotia’s Community Business Development Corporations

Nova Scotia, July 20, 2020 – Atlantic Canada Opportunities Agency (ACOA)

The Government of Canada provides operational funding to the network of Community Business Development Corporations (CBDCs) to deliver the Community Futures Program, which provides small business loans, tools, training and events for people who want to start, expand, franchise or sell a business. The following CBDCs in Nova Scotia are receiving a total of $3,290,734 through this program:

Guysborough County CBDC $303,294

CBDC Blue Water $331,119

CBDC Cumberland $220,820

South Shore Opportunities $241,113

CBDC Shelburne $209,265

CBDC Northern Opportunities for Business Limited (NOBL) $379,369

Annapolis Ventures $340,253

Digby-Clare CBDC $242,701

CBDC Yarmouth $241,239

CBDC Hants-Kings $357,538

Coastal Business Opportunities Incorporated $226,023

Nova Scotia Association of CBDCs $198,000