Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.Comments on Funding:Funding will take the form of: interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;non-repayable contributions for up to
Amount:$3,000,000.00 Type of Program:Grants & Loan Description:The Atlantic Innovation Fund (AIF) is helping Atlantic Canada compete at home and abroad by supporting the development of innovative products and services that lead to commercial success. AIF helps researchers and innovative businesses team up to develop new products and services and put them on the market. Comments
Amount:$150,000.00 Type of Program:Investment, Loan, Loan Guarantee Description:The CBDC First-Time Entrepreneur Loan provides financing of up to $150,000 to new entrepreneurs who live in a rural community in Atlantic Canada. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. Financing may be term or
Amount:$150,000.00 Type of Program:Loan Description:The CBDC General Business Loan provides financing to businesses in rural Atlantic Canada for a wide range of expenses including: start-up, land and buildings, fixed assets, machinery and other equipment, fixtures and furniture. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and
Amount:$150,000.00 Type of Program:Loan Description:The CBDC Innovation Loan is designed to encourage business productivity and effectiveness in the communities of rural Atlantic Canada by advancing the adoption of technologies for business. New technologies may include existing methods that have been adapted or repurposed for commercial applications. The loan could also be used for financing for
Amount:No Fixed Amount Type of Program:Loan Description:The CBDC Youth Loan Program provides financial assistance to young entrepreneurs aged 18-34 for business startup, expansion or modernization in rural Atlantic Canada. Comments on Funding:Funding is available in the form of a repayable loan with competitive interest rates and repayment terms. Financial options may include: demand and term loans,
Amount:$75,000.00 Type of Program:Loan Description:The purpose of the Slate Development Program is to help Canadian independent production companies build and diversify their slates by offering financial support for the development of original intellectual property (“IP”) with the intent to grow and foster the independent production industry.Comments on Funding:Funding is available as a non-interest bearing advance,
Amount:$5,000.00 Type of Program:Loan Description:The Micro Loan provides up to $5,000 in financial assistance to new or existing new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland.Comments on Funding:Funding is up to $5,000.There is a $100 administration fee. The first year is interest-free When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant
Amount:$25,000.00 Type of Program:Loan Description:The Term Loan provides up to ,000 in financial assistance to new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland. Loans can be used for capital equipment acquisition, working capital, or short-term receivable financing.Comments on Funding:Funding is up to $25,000.The interest rate is based on
Amount:$225,000.00 Type of Program:Loan Description:The Community Development Fund Loans offers additional financial assistance up to $225,000 in the form of repayable loans to businesses and offers financial assistance in terms of loans or bridge financing to non-profit associations. Comments on Funding:Funding is up to $225,000 and is available in the form of repayable loans to businesses
Amount:$2,500.00 Type of Program:Grant, Loan Description:The CBDC Online Presence Micro Loan provides financing for small businesses looking to create or improve their online presence.Comments on Funding:Funding is up to $2,500 +HST for the set up of the website (inclusive of E-Commerce). The loan has a $500 forgivable training portion and interest rate is prime +2,
This program is currently closed. Amount:No Fixed Amount Type of Program:Grant & Loan Description:With a budget of $500 million over two years (ending March 31, 2023), including $50 million specifically dedicated to Indigenous tourism initiatives and $15 million for national initiatives, The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to
Amount:$25,000.00 Type of Program:Loan Description:The Impact loan provides funding to SMEs in urban Atlantic Canada. Entrepreneurs of all ages can apply for a business start-up loan, while established business owners between 19 and 39 can avail of expansion financing.Comments on Funding:Funding of up to $25,000 with flexible repayment terms and no penalty for early repayment
Amount:No Fixed Amount Type of Program:Loan & Loan Guarantee & Investment Description:The Community Futures program helps to create jobs in rural areas. This is done with the help of more than 40 Community Business Development Corporations (CBDCs) throughout Atlantic Canada.Comments on Funding:The financial help will take the form of loans, loan guarantees and equity financing.
Amount:No Fixed Amount Type of Program:Grants Description:The Business Scale-up and Productivity helps businesses speed up their growth so they can be more productive, compete on the world stage and reach new markets. Funding can be used to:1scale up and expand;2make the most of new technologies;3improve productivity;4create new products and find new markets. Comments on Funding:Repayment contributions
Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Business Development Program (BDP) helps entrepreneurs launch, modernize and grow their business in Atlantic Canada.Comments on Funding:Funding is an interest-free and unsecured contribution for 50% of eligible costs for start-ups and business expansions and an interest-free contribution to cover up to 75% of eligible costs for
Amount: $ 30,000 Type of Program:Loan Description:The Independent Production Fund (“IPF”) and the Canada Media Fund (“CMF”) encourage the development and growth of Canadian drama series and adapt their financing activities to most effectively fulfill needs identified as requiring support. The Development Packaging Program (the “Program”) is designed to assist independent producers create high quality original
Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Aerospace Regional Recovery Initiative (ARRI) will help the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage, by supporting small and medium-sized enterprises (SMEs) in the following three objectives: to green their operations and adopt environmentally sustainable practices, to
Amount:$750,000 Type of Program:Loan Description:The General Lending Program is designed to assist Indigenous Entrepreneurs succeed while staying adaptable to meet their needs. Comments on Funding:Funding is a loan up to $750,000 for individuals and $1.5 million for communities dependent on available capital, with various interest rates, over a maximum 20-year amortization. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants
Amount:$5,000 Type of Program:Loan Description:The Micro Lending Program has limited security requirements and is easy to access for those working on smaller projects. Comments on Funding:Funding is a loan up to $5,000, at a rate of 8% over a maximum 2-year term, with a 5% cash equity recommended. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants must be: Aboriginal
Amount:$25,000 Type of Program:Loan Description:The Women & Youth Lending Program is flexible and designed to assist Indigenous Women and Youth Entrepreneurs to succeed and adaptable to meet their needs. Comments on Funding:Funding is a loan up to $25,000, at a rate of 8% over a maximum 5-year term, with a 5% cash equity recommended. When It
Amount:No Fixed Amount Type of Program:Loan Description:The Interim financing is designed for homebuilders providing the funds they need to complete their project and build their future. Comments on Funding:1Funding takes the form of a loan with progressive payments, based on the number of presold units;2Maximum term of one year;3Interest rate based on the project being financed.
Amount:No Fixed Amount Type of Program:Loan Description:UNI’s Mortgage Loan is designed and dedicated to financing all building projects, including land purchase, construction, or extension. Comments on Funding:Funding takes the form of a mortgage loan. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants must be: businesses with building projects; UNI Financial Cooperation members.Application Steps: 1Applicants must make an online appointment.
Amount:$150,000.00 Type of Program:Loan Description:The Social Enterprise Loan may be used to purchase machinery, equipment or other items necessary for continued business operations. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant must: be a new or existing
This program is currently closed. Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Canadian Experiences Fund (CEF) provides $6 million over two years to support communities across Atlantic Canada as they create, improve or enhance tourism products, facilities and experiences. Investments made through the CEF will focus on five categories: winter and shoulder-season tourism,
This program is currently closed. Amount:$150,000.00 Type of Program:Grants & Loan Description:The CBDC Clean Technology Loan provides flexible financing to new and existing entrepreneurs in rural Atlantic Canada in support of the adoption, adaption and/or commercialization of clean technology. Comments on Funding:Funding is up to $150,000 per eligible borrower, in the form of a repayable loan
Amount:$250,000.00 Type of Program:Loan Description:Ulnooweg’s General Loans provides support to Aboriginal business owners operating and residing in Atlantic Canada and to Atlantic Canada Aboriginal organizations for new business start ups, purchase of existing businesses, expansion, working capital, refinancing and more. Comments on Funding:Funding is up to $250,000.The repayment schedules are flexible (monthly, quarterly, semi-annual, annual or
Amount:No Fixed Amount Type of Program:Loan Description:Ulnooweg’s Youth Loans supports Aboriginal business owners operating and residing in Atlantic Canada between the ages of 18 – 35 for any business need. Comments on Funding:The first $15,000 is at a fixed interest rate of 8.5% maximum with a five year repayment term. When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant
Amount:$5,000.00 Type of Program:Loan Description:Ulnooweg’s Micro Loan provides financing of up to $5,000 to Atlantic Aboriginal entrepreneurs who have a dream of entrepreneurship, or need help in expanding an existing business. Comments on Funding:Funding is up to $5,000.Loans are repayable over 2 years (maximum amortization period) at 8% interest.Security will be required, and a confirmation of