What does CBDC mean in Companies & Firms?

Community business development corporation

The Community Business Development Corporation (CBDC) (French: La Corporation de développement communautaire) is a federal and provincially funded not-for-profit organization. CBDCs assist in the creation of small businesses and in the expansion and modernization of existing small businesses by providing financial and technical services to entrepreneurs. The organisation was founded in the 1970s and currently holds 41 offices throughout Atlantic Canada. The 41 offices are autonomous corporations but each work with their respective Provincial Association office. The Provincial Association offices are located in; Alberton, PEI; Elmsdale, NS; Mount Pearl, NL; and Bathurst, NB. These 4 offices work with the Atlantic Association of CBDCs to constantly improve the services offered by the CBDC network. The CBDCs are a member of the Community Futures Network of Canada.

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