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Native Women's Association of Canada Website

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2.2 Contacts: ACOA New Brunswick, 570 Queen St., 3rd floor, P.O. Box 578, Fredericton, NB E3B 5A6,Toll Free: 1-800-561-4030, Telephone: (506) 452-3184, Fax: (506) 452-3285 ACOA Newfoundland, P.0. Box 1060, Station "C", 11th Floor, 10 Barter's Hill, St. John's,Newfoundland, A1C 5M5, Toll Free: 1-800-668-1010, Telephone: (709) 772-2751,Fax: (709) 772-2712 ACOA Nova Scotia, 1801 Hollis St., Suite 600, P.O. Box 2284, Station 'M', Halifax, NS B3J 3C8,Toll Free: 1-800-565-1228, Telephone: (902) 426-6743, Fax: (902) 426-2054 ACOA Prince Edward Island, 3rd Floor, 100 Sydney St., P.O. Box 40, Charlottetown, PE C1A7K2, Toll free: 1-800-871-2596, Telephone: (902) 566-7492, Fax: (902) 566-7098 Enterprise Cape Breton Corporation, 4th floor, Commerce Tower, 15 Dorchester St., P.O. Box1750, Sydney, NS B1P 6T7, Toll Free: 1-800-705-3926, Telephone: (902) 564-3600,Fax: (902) 564-38253.0 PROGRAM: COMMUNITY BUSINESS DEVELOPMENT CORPORATIONSIn its overall efforts to create jobs and help build a sustainable Atlantic economy, ACOAconstantly strives to improve access to federal government programming for Atlanticentrepreneurs. It is this spirit <strong>of</strong> quality service and enhanced efficiency that ACOA haslinked its resources, both financial and technical, to those <strong>of</strong> the 40 CommunityBusiness Development Corporations (CBDCs) located throughout rural Atlantic<strong>Canada</strong>.This strategic alliance <strong>of</strong> resources has helped to establish an effective communitybaseddevelopment infrastructure in Atlantic <strong>Canada</strong> while reducing the overlap andduplication <strong>of</strong> federal services and making it easier for entrepreneurs in Atlantic <strong>Canada</strong>to access the information, advice and capital they require to make their businessessucceed. CBDCs are autonomous, not-for-pr<strong>of</strong>it corporations which serve most ruralregions <strong>of</strong> Atlantic <strong>Canada</strong> supported by ACOA. They assist in the creation <strong>of</strong> smallbusinesses, and in the expansion, modernization and stabilization <strong>of</strong> existingbusinesses. They <strong>of</strong>fer both technical and financial services for entrepreneurs in theirrespective regions.Technical assistant usually takes the form <strong>of</strong> information, counselling and adviceon small business-related matters.Financial assistance is usually in the form <strong>of</strong> a loan but may include equity orloan guarantees. These financial services are targeted to entrepreneurs whohave difficulty securing capital through traditional sources <strong>of</strong> funding. They do notcompete with financial institutions.All loans are repayable and the maximum amount that can be invested in abusiness is $75,000. Investment decisions are made by an independent localboard <strong>of</strong> directors sensitive to the needs <strong>of</strong> the community.3.1 Criteria:Eligibility criteria may vary from <strong>of</strong>fice to <strong>of</strong>fice. To obtain further information, youshould contact one <strong>of</strong> the CBDCs listed below:Pg. 16

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