page_title: Community business development corporation
section_title: Operating Structure
hierarchical_section_title: Community business development corporation / Operating Structure
caption_attribution_description: English: Managing Director Roseanne Leonard of the NL Association of CBDCs presents a donation to the Ewings Cancer Foundation of Canada
context_page_description: The Community Business Development Corporation 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.
context_section_description: CBDCs operate under the guidance of a local Board of Directors. The Board of Directors is representative of the area served by the CBDC, and all members of the board are community business leaders and volunteers. This organizational structure permits the CBDC to play a direct and active role in employment development within their jurisdiction. The Board of Directors is complemented by a professional staff, varying in size depending on the level of activity within the region served and resources made available to it by the Government of Canada. CBDCs act as a delivery agent for several governmental financing programs for small business. They have options available to help individuals establish a new business, expand an existing one, or to stabilize/modernize their current business.
caption: Managing Director Roseanne Leonard of the NL Association of CBDCs presents donation to the Ewings Cancer Foundation of Canada
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