Welcome to CBDC Central PEI

Owning a small business isn’t easy, but here at CBDC Central PEI we can help make your journey easier.

We offer both financing for your business as well as skills training opportunities.

We partner with many different organizations dedicated to helping the communities and rural businesses on PEI grow.

We offer our services to businesses within Central PEI as well as the Impact Program for the Greater Charlottetown Area (Charlottetown, Cornwall, Stratford).

CBDC = Community Business Development Corporation

WHAT is a CBDC?

As CBDCs, we assist in the creation of small businesses and Startups, and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.

Financial assistance is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs and startups.
Business counseling, help & advice is available to small businesses and startups. We help businesses to succeed and therefore we give high priority to the advisory role of our mandate.
Entrepreneurship development and training to individuals and small business owners/managers is available in many of our offices.
Technical assistance usually takes the form of guidance and coaching, and sometimes advocating on behalf of our clients to other lending establishments or regulatory agencies.

TYPICALLY, OUR SERVICES ARE TARGETED TO ENTREPRENEURS WHO REQUIRE CUSTOMIZED FINANCING NOT NORMALLY AVAILABLE FROM TRADITIONAL SOURCES.

We are not-for-profit community-based organizations run by volunteers from the local business community who firmly believe in improving the economic viability of their communities.

OUR VOLUNTEER BOARD

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 helping make 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

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.