CBDC Self Employment Assistance (SEA)

Amount:

No Fixed Amount

Type of Program:

Grant, In-Kind Support

Description:

The Self Employment Assistance (SEA) Program is designed to help participants in Atlantic Canada continue to receive their Employment Insurance benefits while going through the process of launching a new business. The program assists eligible individuals with qualified businesses concepts with planning and starting of a new business or takeover of an existing business. An income grant is provided during the first year. Business counseling is provided in both start-up and operation.

Comments on Funding:

Funding takes the form of coaching, on-going technical advice and financial support for a maximum of 52 weeks.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must be unemployed and:

have a current Employment Insurance Claim; or
have had an Employment Insurance benefit that ended within the last three years; or
have had established a benefit period within the past five years prior to the date of requesting assistance, were paid parental or maternity benefits, and are re-entering the labour force after having left it in order to care for a newborn or newly adopted child,
be individuals with qualified businesses concepts,
other criteria may apply.