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

      Sunny intervals

      High: 15°C | Low: 3°C

    • Deer Lake

      Light rain shower

      High: 18°C | Low: 2°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Trash Talk Thursday, October 9, 2025

      Household Hazardous Waste Awareness Day brought in over 100 people and dozens of paint cans, several car batteries, several gallons of oil/antifreeze, as well as florescent light bulbs and propane tanks.

    • Qalipu Today

      Qalipu Today, October 14, 2025

      Scott James , Patient Navigator of the Western Zone for NL Health Services joins the show

    • Corner Brook In Council

      Corner Brook City Council Meeting, Monday October 6, 2025

      Corner Brook City Council Meeting, Monday October 6, 2025