Open
CBDC Innovation Loan
Financing for technology adoption and business innovation
Last Update: April 9, 2026
Funding available
$ 150,000
Timeline
- Open continuously
Location
New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, Canada
Overview
The CBDC Innovation Loan provides up to $150,000 in repayable financing for businesses investing in new technologies. It supports equipment, software, processes, licenses, infrastructure changes, installation, maintenance, and employee training tied to technology adoption.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop a new product or service
- Increase operational productivity
Eligible Funding
- Maximum amount : 150,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Adoption of new technologies to improve business operations.
- Development of new products or services.
- Modification of existing products or services using technology.
Eligibility
Who is eligible?
- Small businesses and startups.
- New and existing entrepreneurs.
- Year-round businesses and seasonal businesses.
Eligible expenses
- Equipment, software, processes, and licenses for new technology.
- Infrastructure changes, installation, and maintenance linked to new technology.
- Training for employees using the new technology.
Eligible geographic areas
- Rural areas in Atlantic Canada.
- New Brunswick.
- Newfoundland and Labrador.
- Nova Scotia.
- Prince Edward Island.
Additional information
- Programs and services may vary by region.
- In some cases, financing may exceed $150,000 per eligible borrower.
- Loans are repayable with competitive interest rates and repayment terms.
Documents and links
Contacts
Frequently Asked Questions about the CBDC Innovation Loan Program
Here are answers to the most common questions about the CBDC Innovation Loan. 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 Innovation Loan?
The CBDC Innovation Loan provides up to $150,000 in repayable financing for businesses investing in new technologies. It supports equipment, software, processes, licenses, infrastructure changes, installation, maintenance, and employee training tied to technology adoption.
How much funding can be received?
CBDC Innovation Loan Funds up to $150,000 of admissible expenses.
Who is eligible for the CBDC Innovation Loan program?
To be eligible for the CBDC Innovation Loan program, you must:
Rural business and borrower.
New or existing entrepreneur.
Viable business with job impact.
What expenses are eligible under CBDC Innovation Loan?
Adoption of new technologies to improve business operations.
Development of new products or services.
Modification of existing products or services using technology.
Who can I contact for more information about the CBDC Innovation Loan?
You can contact Community Business Development Corporations (CBDC) by email at none or by phone at 1-888-303-2232.
Where is the CBDC Innovation Loan available?
The CBDC Innovation Loan program is available the province of New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island.
Is the CBDC Innovation Loan a grant, loan, or tax credit?
CBDC Innovation Loan is a Loans and Capital investments