Grand Bank Development Corporation
About GBDC
Grand Bank Development Corporation (GBDC) supports economic growth in Grand Bank by promoting opportunities, connecting businesses with resources, and supporting community development.
We help entrepreneurs, business owners, and partners navigate incentives, resources, and development opportunities.
Photo Credit: Christa Simms
Explore GBDC
Explore our range of comprehensive consulting services designed to address your specific business needs and drive sustainable growth
Photo Credit: Susan Pickett
Photo Credit: Christa Simms
Photo Credit: Carrie Anne Strowbridge
What We Focus On
Photo Credit: Christa Simms
GBDC provides strategic support to businesses and investors by promoting opportunities, facilitating partnerships, and delivering access to incentives and resources that drive sustainable economic development in Grand Bank.
Business Support
Economic Development
Tourism & Community
Partnerships
Guidance and support for local busineeses
Supporting sustainable local growth
Promoting Grand Bank as a place to visit and live
Working with stakeholders to move projects forward
✨ Opportunities in
Grand Bank
Grand Bank offers a range of growth opportunities across key sectors; from tourism and marine industries to small business support and community development initiatives. Explore areas of potential and connect with GBDC for support.
✨ Tourism & Hospitality
Grand Bank attracts visitors with its coastal beauty, historic sites, cultural events, and outdoor recreation creating opportunities for tourism-related businesses and services.
✨Fisheries & Marine
✨Small Business & Retail
✨Community Development & Commercial Space
As a traditional fishing town, Grand Bank has opportunity in value-added seafood, accommodations for fish harvesters, marine services, and related supply chain businesses.
Local retail, artisan shops, cafes, and community services can thrive by serving residents and visitors while strengthening the town’s economic fabric.
Available land and commercial space in Grand Bank positions it for new investment, community revitalization, and business expansion that supports both residents and industry.
Grand Bank is a prospering and progressive community located at the tip of the Burin Peninsula. Grand Bank has a history steeped in commerce and trade, dating back to the 1800s. The community was home to a fleet of banking and foreign-going ships, which earned it the moniker of “The Bank Fishing Capital” of Newfoundland.