Open
CBDC Business Valuation and Succession Planning
Support for business valuation and succession planning
Last Update: April 9, 2026
Funding available
$ 7,500
Timeline
- Open Date : June 15, 2022
Location
Newfoundland and Labrador, Canada
Overview
This program supports business valuation and succession planning for small businesses preparing to transfer ownership. It covers 75% of eligible costs, up to $7,500, to help determine business value and attract potential buyers.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
- Access new markets
Eligible Funding
- Maximum amount : 7,500 $
- Up to 75% of project cost
Timeline
- Open Date : June 15, 2022
Eligible candidates
Eligible Industries
- All industries
Location
- Newfoundland and Labrador
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business valuation for ownership transfer planning.
- Succession planning for an existing business.
- Promoting the business opportunity to potential buyers.
Eligibility
Who is eligible?
- Small businesses.
- Commercial businesses.
Eligible expenses
- Business valuation services.
Eligible geographic areas
- CBDC-governed regions in Newfoundland and Labrador.
Additional information
- Application fee of 3%, up to $300.
- Applicants must work with a qualified consultant.
- The opportunity must be shared on businessatlantic.ca.
Documents and links
Contacts
Frequently Asked Questions about the CBDC Business Valuation and Succession Planning Program
Here are answers to the most common questions about the CBDC Business Valuation and Succession Planning. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the CBDC Business Valuation and Succession Planning?
This program supports business valuation and succession planning for small businesses preparing to transfer ownership. It covers 75% of eligible costs, up to $7,500, to help determine business value and attract potential buyers.
How much funding can be received?
CBDC Business Valuation and Succession Planning Funds up to 75% of admissible expenses, capped at $7,500 per project.
Who is eligible for the CBDC Business Valuation and Succession Planning program?
To be eligible for the CBDC Business Valuation and Succession Planning program, you must:
Small businesses in a CBDC region.
Preparing to transfer ownership.
Good standing with CRA, ACOA, and NL.
What expenses are eligible under CBDC Business Valuation and Succession Planning?
Business valuation for ownership transfer planning.
Succession planning for an existing business.
Promoting the business opportunity to potential buyers.
Who can I contact for more information about the CBDC Business Valuation and Succession Planning?
You can contact Community Business Development Corporations (CBDC) by email at none or by phone at 1-888-303-2232.
Where is the CBDC Business Valuation and Succession Planning available?
The CBDC Business Valuation and Succession Planning program is available the province of Newfoundland and Labrador.
Is the CBDC Business Valuation and Succession Planning a grant, loan, or tax credit?
CBDC Business Valuation and Succession Planning is a Other Support