CBDC South Coast

CBDC South Coast Community Business Development Corporation serving the Coast of Bays Region (south coast NL). Legal name: South Coast Community Development Corporation.

INTRODUCTION

We are the Community Business Development Corporation (CBDC) South Coast, the CBDC South Coast. The CBDC South Coast has been helping businesses since 1988, proudly serving the entrepreneurs and the communities of the south coast of Newfoundland, the Coast of Bays region. We offer tailored business financing solutions and extensive business support services that makes us different th

an your typical business lending institution or business service organization. The primary goal of our organization is to help entrepreneurs, businesses and social enterprises to do business. The CBDC South Coast is governed by a dedicated volunteer board of directors and clients are served by professional staff. Both board and staff reside in the communities and the geographical region served. The primary goal of our people is to build stronger communities. WHO WE ARE

We are a part of Community Business Development Corporations (CBDCs), a network of independent, not-for-profit organizations that work in conjunction with all levels of government and the private sector to meet the needs of small business. In Newfoundland & Labrador, there are 15 CBDCs, each dedicated to small business development and job creation. There are 41 CBDCs in Atlantic Canada and 269 like organizations across Canada collectively known as the Community Futures Network of Canada. OUR VISION

To foster and support small business development thus increasing the value of the regional economy, enhancing local employment opportunities and building stronger communities. OUR MANDATE

To achieve this vision, CBDC South Coast has a mandate to stimulate private sector employment within its geographical jurisdiction of the Coast of Bays by providing small businesses with financial assistance, information support, advisory and counseling services, and general business advice. The CBDC South Coast also strives to maintain existing businesses and support new viable business opportunities that will not have an adverse negative impact on existing businesses. LOAN PRODUCTS

CBDC First-Time Entrepreneur Loan - Financing and support for first-time business owners. CBDC General Business Loan - Financing for existing businesses and entrepreneurs. CBDC Innovation Loan - Financing for development and/or adoption of new technology. CBDC Youth Loan - Financing for young entrepreneurs from 19-34 years of age. CBDC Social Enterprise Loan - Financing for not-for-profits conducting business activities. Loan products are tailored to clients, businesses and types of business projects. Visit http://www.CBDCSouthCoast.ca/ for more information.

Great Free Training Opportunity!
03/03/2026

Great Free Training Opportunity!

03/02/2026

Employment Opportunity:
Higher Talent is currently seeking passionate and strategic candidates for the position of Executive Director for our client, the Newfoundland and Labrador Aquaculture Industry Association (NAIA), located in St. John’s, Newfoundland and Labrador.

Learn more: https://highertalent.ca/current-opportunities/executive-director-naia-2/

Business Information Alert: EI Benefits for Self-Employed
02/27/2026

Business Information Alert: EI Benefits for Self-Employed

If you run your own business, or control more than 40% of the corporation’s voting shares, you’re considered self-employed 🧰🧁📸

Employment Insurance (EI) has a program for self-employed people that provides special benefits when they need time away from their business to care for themselves, their children or other family members 🏥👨‍👩‍👦💛

To learn more ⬇️
https://www.canada.ca/en/services/benefits/ei/ei-self-employed-workers.html

02/26/2026

Business Funding Alert: Retrofit Options

Community Funding Alert: Retrofit Options
02/26/2026

Community Funding Alert: Retrofit Options

Funding applications are now open! When working on a building owned by a municipal government—whether it's a town hall, indoor arena, public library or other—you can access funding for energy retrofits or the construction of new, efficient facilities.

As the Community Buildings Retrofit initiative comes to an end, GMF continues to support energy upgrades to municipally owned community buildings through the Sustainable Municipal Buildings (SMB) offer.

Learn more about the new terms of this offer: https://greenmunicipalfund.ca/sustainable-municipal-buildings

Business Reminder Alert: Key Tax Filing DeadlinesSelf-employed individuals and their spouses have until June 15th to fil...
02/26/2026

Business Reminder Alert: Key Tax Filing Deadlines
Self-employed individuals and their spouses have until June 15th to file their taxes and incorporated businesses have six months after their business fiscal year end.

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/important-dates-individuals.html

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-income-tax-return/when-file-your-corporation-income-tax-return.html

https://www.canada.ca/en/services/business/taxes.html

Starting today, February 23rd, you can do your 2025 taxes online!

⏰ Doing your taxes on time means that you’ll keep getting the benefit and credit payments you’re eligible for, and you might even get a refund!

Get started 👉 https://ow.ly/erjs50YiZ0Y

[Image description: An icon of a bell inside a calendar. “2025 taxes are due April 30th, 2026!”]

The Fishery Supports Rural Communities and Beyond. Fishing Enterprises Are the Backbone of the Fishery. Let’s Work Tog...
02/23/2026

The Fishery Supports Rural Communities and Beyond. Fishing Enterprises Are the Backbone of the Fishery. Let’s Work Together on Smooth Sailings!
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We support the maintenance and growth of the fishing enterprises in our communities. The fishery is more than a way to make a living for both owners and crew members. Enterprises require year-round effort and that is particularly true between fisheries and seasons when not on the water. There is much work to keep enterprises moving forward in providing quality product to the marketplace while sustaining rural communities and contributing to the economy of the province.
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The local Community Business Development Corporation (CBDC) serving the Coast of Bays Region on the south coast of NL understands the challenges of fishing enterprise ownership and the importance of the fishery to communities. Purchasing vessels, upgrading boats, purchasing new gear and motors, getting the latest equipment, renovating sheds, expanding licenses, and/or adjusting to different fisheries or changing regulations, is getting more challenging, costly, and complex but there is help. Here at CBDC South Coast we stand with the fishing enterprises and the communities of the Coast of Bays Region. Let’s keep moving forward together!

02/22/2026

Take our questionnaire to find out

It does not hurt to question everything… web, social media, emails, msgs, calls, texts. Stay aware even if it seems lik...
02/21/2026

It does not hurt to question everything… web, social media, emails, msgs, calls, texts. Stay aware even if it seems like it’s legitimate… don’t take any chances. Better to slow down…take some time to check it out. There’s no hurry when playing it safe!!!

� For Security Awareness Week, we are reminding Canadians to stay vigilant.
Fraudsters are impersonating government employees and claiming personal documents are under investigation.
These calls are not legitimate.
Report incidents to the Canadian Anti-Fraud Centre

Stay in the know … to save and/or get $$$ all year round and not just tax season…follow the Canada Revenue Agency.
02/21/2026

Stay in the know … to save and/or get $$$ all year round and not just tax season…follow the Canada Revenue Agency.

Know someone who doesn’t follow us on social media? Our electronic mailing lists are another great way to get updates from us!

Share this link so they can sign up: https://ow.ly/c90T50Yf70y

Subscribers can get info on:

📅 Key deadlines
💡 New credits and benefits
📊 Business tax changes
🛠️ Online service updates

[Image description: A person smiles and rests a hand on their face while looking at an open laptop. A bell icon.]

Volunteer Leadership Opportunity - Do You Like Paying It Forward?---Do you value the well-being of your community and re...
02/20/2026

Volunteer Leadership Opportunity - Do You Like Paying It Forward?
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Do you value the well-being of your community and region? Interested in contributing to the future of communities? The CBDC South Coast seeks genuinely interested individual to serve on its Board of Directors. There is an opening for an individual residing either in the Fortune Bay North Shore and Connaigre Peninsula areas of the Coast of Bays region of the south coast. Board terms are for three years with the option of two more consecutive terms.
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The CBDC South Coast has had longstanding success as a regional business development organization since being founded in 1988. The organization serves entrepreneurs and businesses on the south coast of NL including managing a revolving commercial loan portfolio of $7 million dollars. The organization is governed by a regional Board of Directors with professional staff providing small business counselling and commercial lending to all business sectors. As a Community Business Development Corporation (CBDC), we belong to a NL network of 15 CBDCs and Atlantic network of 41 CBDCs as well as a larger Community Futures Network of Canada with 267 member organizations.
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The CBDC South Coast provides business financing, counselling, and support to businesses and entrepreneurs. The organization is governed by the principles of accountability, transparency, and confidentiality. Local investment decision-making and regional governance of the organization is the key focus of the board. Management and staff are responsible for the financial stewardship, overall operation, and service delivery. Both board and staff are guided by the values of trust, respect, and professionalism within an organizational culture driven by the synergy of working together toward the common good for clients, communities, and the region served.
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Regular board meetings are typically in the evening on the second Thursday of the month and attendance can be in person at the CBDC office in St. Alban’s or virtually (hybrid meetings). Travel expenses such as mileage to meetings are reimbursed in accordance with federal treasury rates.
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To apply submit a letter of interest and/or resume outlining any relevant experience (work, business, volunteer, life, etc.). The selection process will determine the best match with this board role and overall fit with the organizational culture. To discuss this opportunity, please contact Jamie LeRoux, Executive Director at 538-3846 ext 4.
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All interested individuals must submit a letter of interest and/or resume detail by February 27th, 2026 to:
CBDC South Coast - Board Selection & Recruitment
Mail: P. O. Box 37 St. Alban’s NL A0H 2E0, Fax: 538-3439
E-mail: [email protected]
To confirm the receipt of an expression of interest call and/or email Jamie LeRoux.

Address

4 Cormier Avenue, Regional Resource Centre (Buffett Building)
Saint Albans, NL
A0H2E0

Opening Hours

Monday 8:30am - 4pm
Tuesday 8:30am - 4pm
Wednesday 8:30am - 4pm
Thursday 8:30am - 4pm
Friday 8:30am - 4pm

Telephone

(709)538-3846

Website

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Our CBDC Story - Community Futures on South Coast of Newfoundland (Coast of Bays Region)

INTRODUCTION We are the Community Business Development Corporation (CBDC) South Coast, the CBDC South Coast. Our legal name is South Coast Community Development Corporation. As of 2018, we celebrate 30 years of working with entrepreneurs and businesses on the south coast of Newfoundland in a region also known as the Coast of Bays. The CBDC South Coast has been helping businesses since 1988, proudly serving the entrepreneurs and the communities of the south coast of Newfoundland, the Coast of Bays region. We offer tailored business financing solutions and extensive business support services that makes us different than your typical business lending institution or business service organization. The primary goal of our organization is to help entrepreneurs, businesses and social enterprises to do business. The CBDC South Coast is governed by a dedicated volunteer board of directors and clients are served by professional staff. Both board and staff reside in the communities and the geographical region served. The primary goal of our people is to build stronger communities through our business development support role. WHO WE ARE We are a part of Community Business Development Corporations (CBDCs), a network of independent, not-for-profit organizations that work in conjunction with all levels of government and the private sector to meet the needs of small business. In Newfoundland & Labrador, there are 15 CBDCs, each dedicated to small business development and job creation. There are 41 CBDCs in Atlantic Canada and 268 like organizations across Canada collectively known as the Community Futures Network of Canada. OUR VISION To foster and support small business development thus increasing the value of the regional economy, enhancing local employment opportunities and building stronger communities. OUR MANDATE To achieve this vision, CBDC South Coast has a mandate to stimulate private sector employment within its geographical jurisdiction of the Coast of Bays by providing small businesses with financial assistance, information support, advisory and counseling services, and general business advice. The CBDC South Coast also strives to maintain existing businesses and support new viable business opportunities that will not have an adverse negative impact on existing businesses. LOAN PRODUCTS CBDC First-Time Entrepreneur Loan - Financing and support for first-time business owners. CBDC General Business Loan - Financing for existing businesses and entrepreneurs. CBDC Innovation Loan - Financing for development and/or adoption of new technology. CBDC Youth Loan - Financing for young entrepreneurs from 19-34 years of age. CBDC Social Enterprise Loan - Financing for not-for-profits conducting business activities.

CBDC Clean Tech - Financing and advisory for clean technology based projects. Loan products are tailored to clients, businesses and types of business projects. We also provide assistance with access to entrepreneurial training and consultant advisory services in addition to Self Employment Assistance. Day to day we provide business counseling and business advice as to business planning, start-up, and operation. Visit http://www.CBDCSouthCoast.ca/ for more information as well as www.cbdc.ca.