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About Us

P.O. Box 140
Plum Point, NL A0K 4A0

1-709-247-2630 (f)


Find Us:

Heading North
on Route 430 we are the first building on the right, on the first exist to the left in Plum Point.

Heading South
on Route 430 we are the first building on the right, on the second exit to the right in Plum Point

CBDC NORTIP is one of 41 Community Business Development Corporations (CBDCs) operating in rural Atlantic Canada. The CBDCs are a network of not-for-profit organizations that work in co-operation with all levels of government and the private sector to meet the needs of small business. 

The CBDC's are currently being administered by the Atlantic Canada Opportunities Agency (ACOA). These Corporations are dedicated to the development of small business and job creation in rural Atlantic Canada.

NORTIP Community Futures was incorporated on July 5, 1989 and merged with Northland Business Corporation on February 15, 1995 and changed its name to NORTIP Development Corporation. We are located in Plum Point, Newfoundland and are responsible for servicing the Northern Peninsula of Newfoundland and Labrador.

The primary function of the CBDC is to provide financial assistance to qualifying businesses within the above geographical jurisdiction.  The provision of information services and assistance with business plans and studies to new and existing businesses is also an important part of the CBDC'S mandate.  All of which helps to stimulate economic development and small business growth, resulting in permanent employment for our rural communities.

CBDC NORTIP has the potential to assist any type of business enterprise and is not restricted to any particular sector of the economy.  We are interested in any business that will provide products or services in sectors of the economy that are not currently being capitalized on.

We 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 volunteers. This organizational structure permits the CBDC to play a direct and active role in employment development within our jurisdiction.  The Board of Directors is complemented by a professional five-member staff. CBDC NORTIP acts as a delivery agent for several governmental financing programs for small business. We have numerous options available to help individuals establish a new business, expand an existing one, or to stabilize/modernize their current business.