Turn Your Business Idea into Reality with the GDBP Business Incubation Loan

Ready to start a new business or take your current one to the next level? The Guysborough District Business Partnership (GDBP) can help. Our Business Incubation Loan Program offers eligible entrepreneurs in the Municipality of the District of Guysborough (MODG) up to $10,000 in financing to launch or expand their business.

Loans are repayable over 24 months at a low interest rate, making it easier to invest in equipment, renovations, inventory, or other growth opportunities. Funding amounts are based on a board review of your application.

Whether you’re just getting started or looking to grow, this program is designed to give your business the boost it needs and is stackable with other forms of funding.

Click on the links below for the situation that best suits your situation and reach out to acunningham@gdbp.ca for more information:

GDBP BUSINESS

One of the Guysborough District Business Partnership’s goals is to provide a more direct focus on enhancing small business offerings and reinvigorating our local economy.

In an effort to equip entrepreneurs with the skills and a path to create more business opportunities; the GDBP have partnered with Mashup Lab to offer training to 15 local entrepreneurs to assist them with the entry level skill development.

This program started on March 21st and will be offered over a 6 week period. Should more interest be expressed in a second round of training, it could be reoffered!

Starting a Business?

The Province of Nova Scotia has created some great free resources which can be found by clicking the link below. They are step by step, easy to read, 1-2 page guides created to walk you through from the business plan stage to offering your service or product to customers.

Guides for the following businesses are readily available:

Accommodation/Campground
Brewery
Construction
Convenience Store
Farm
Food Truck
Garage
Meat Plant
Restaurant

Click Here

Registry of Joint Stocks

If you’re looking to start a business or non-profit, you can also use the Nova Scotia Registry of Joint Stock Companies resource page. This will give you access to the registration process and anything else you may need to get started.

Click Here

Municipal Requirements

Although the Municipality of the District of Guysborough (MODG) does not issue business permits, before going ahead with opening your business, contact should be made to the Planning and Development Officer at the Municipal Office to ensure your zoning meets with the type of business you plan to operate.

*You must also ensure that your business obtains the proper permitting from the provincial body responsible.

Contact Deborah Torrey, Development Officer
email: dtorrey@modg.ca
(902) 533-3705 ext. 222