Feds give $3.2 million to 15 CBDC's in NL, including Corner Brook and Stephenville

    Tuesday, 12 November 2024 12:00

    By Tonya Organ

    The funding comes from the Community Futures Program and is intended to support the growth of small and medium sized businesses in rural, coastal and remote areas.

    The Government of Canada is investing over $3.2 million for 15 CBDC’s throughout the province. This includes CBDC Humber in Corner Brook and CBDC Long Range in Stephenville. The funding comes from the Community Futures Program and is intended to support the growth of small and medium sized businesses in rural, coastal and remote areas. During the past year, CBDCs disbursed $22 million helping to grow and strengthen businesses, impacting 750 jobs. ACOA and Rural Economic Development Minister Gudie Hutchings says, ““Small businesses keep our rural communities strong.”

     

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Light rain

      High: 9°C | Low: 1°C

    • Deer Lake

      Light rain

      High: 9°C | Low: 2°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Corner Brook Mayor Jim Parsons on Bay Fm

      Corner Brook Mayor Jim Parsons on Bay Fm, Tuesday April 29, 2025

    • Qalipu Today

      Qalipu Today, April 29, 2025

      National Seal Products Day with Bill Penny!

    • Sunday Night Geek

      Sunday Night Geek, April 27 2025

      Sunday Night Geek, April 27 2025