Amount:$1,500.00 Type of Program:Grants, Loan Description:The Future Entrepreneur Loan program provides funding to youth aged 14 to 19 from the Chaleur region who wish to acquire work experience by creating their own micro-enterprise. Comments on Funding:Funding is a loan up to $1,500 with 0% interest and a flexible reimbursement schedule. Up to 30% of the
Amount:No Fixed Amount Type of Program:Loan Description:The Rooming House Residential Rehabilitation Assistance Program (RRAP) provides financial assistance to owners/landlords for mandatory repairs to rooming houses with bed units that are affordable to low income occupants.Comments on Funding:Funding is in the form of a forgivable loan. The funding amount is based on the cost of the
Amount:No Fixed Amount Type of Program:Loan Description:The Residential Rehabilitation Assistance Program (RRAP) for Rental Conversion Program provides financial assistance to owners/landlords to convert non-residential properties into affordable self-contained rental housing units and/or bed-units to be occupied by low income households.Comments on Funding:Funding is in the form of a forgivable loan. The funding amount is based
Amount:No Fixed Amount Type of Program:Loan Description:The Rental Residential Rehabilitation Assistance Program (RRAP) provides financial assistance to owners/landlords for mandatory repairs to self-contained units that are substandard and rented to low income households.Comments on Funding:Funding is in the form of a forgivable loan. The funding amount is based on the cost of mandatory repairs and
Amount:$3,000.00 Type of Program:Loan Description:The Student Entrepreneurship component provides an interest-free loan of up to $3,000 to help students start a summer business that will create at least one full-time student summer job and provide the applicant with a valuable business experience. Comments on Funding:Funding is up to $3,000. If the loan has been repaid
Amount:$75,000.00 Type of Program:Loan & Loan Guarantee Description:The Livestock Incentive Loan Program provides loans to financial institutions for New Brunswick farmers purchasing and raising livestock. It also provides guarantees to financial institutions for approved livestock purchases. Comments on Funding:Funding takes the form of loans of up to $75,000.The program guarantees up to 90% of loan, at
Amount:No Fixed Amount Type of Program:Loan Description:The Department of Agriculture, Aquaculture and Fisheries (DAAF) provides repayable loans to promote development of the agriculture sector as a complementary lender. Clients interested in a DAAF loan must first seek financing from a private lender. DAAFโs loan program may then be available to help fill the gap between
Amount:No Fixed Amount Type of Program:Loan Guarantee Description:The Department of Agriculture, Aquaculture and Fisheries (DAAF) provides loan guarantees to promote development of the agriculture sector as a complementary lender. Clients interested in a DAAF loan guarantee must first seek financing from a private lender.Comments on Funding:There is a loan guarantee fee of 1.5 % of
Amount:No Fixed Amount Type of Program:Loan Description:The Fisheries Loans provide financial assistance in the form of loans to new or existing commercial fishers for the purchase of fishing licenses, quotas, engines or equipment related to fisheries, new or used vessels or for making major repairs to the hull or engine of a vessel. The Department
Amount:No Fixed Amount Type of Program:Loan Guarantee Description:The Fisheries Loan Guarantees provides loan guarantees to New Brunswick fishers and sea farmers for the purchase of fishing licenses, quotas, engines or equipment related to fisheries, new or used vessels or for making major repairs to the hull or engine of a vessel. The program is designed
Amount:No Fixed Amount Type of Program:Loan & Loan Guarantee Description:The Department of Agriculture, Aquaculture and Fisheries (DAAF) provides repayable loans and loan guarantees to promote development of the aquaculture sector as a complementary lender. DAAF will work with other lenders to facilitate succession and new development of viable projects, such as: purchasing of new or
Amount:$25,000.00 Type of Program:Loan Description:The Impact Loan program provides up to $25,000 in working capital for startups and expansion projects for entrepreneurs in the Greater Fredericton Region. Comments on Funding:Funding is a $25,000 repayable loan. Typical repayment terms are between 12 and 60 months, with low interest rates and no penalties for early repayment. Interest rates
Amount:$25,000 Type of Program:Loans Description:The Impact loan program is designed to offer a business start-up loan and expansion financing of up to $25,000 for small and medium-sized businesses in Greater Moncton. Comments on Funding:Funding is a loan of up to $25,000. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must be: a small and medium-sized business; a business
Amount:$1,500 Type of Program:Loans Description:The Future Entrepreneur Loan program is designed to allow young people to create their micro-enterprise, thereby enabling them to acquire unforgettable work experience and to develop as an entrepreneur. Comments on Funding:Funding is a loan up to $1,500 with 5% interest and a flexible reimbursement schedule. Up to 30% of the loan
Amount:$25,000 Type of Program:Loans Description:The Startup Support: Access to Capital program offers the Impact Loan that helps foster small and medium-sized businesses in Saint John. Comments on Funding:Funding is a loan of up to $25,000, with flexible repayment terms and low interest rates. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:Applicants must: be small and medium-sized businesses in Saint
Amount:$50,000 Type of Program:In-Kind Support, Loan Description:LaunchSocial gives social enterprises flexible, revenue-based, and ‘drawn-over-time’ options for low-interest loans that can go up to $50,000 for first-time borrowers, without requiring personal guarantees. Comments on Funding:Funding is a loan of up to $50,000. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must have a registered ownership interest in the property
Amount:$7,500 Type of Program:Loans Description:MicroWorks provides loans up to $7,500 to help kickstart a small business or get the equipment, clothing, training or temporary transportation necessary to take a job opportunity. Comments on Funding:Funding is a loan of up to $7,500. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must: have a business idea or opportunity; be 18
Amount:No Fixed Amount Type of Program:Loan Description:The Affordable Rental Housing Program provides financial assistance to private entrepreneurs, private non-profit corporations (includes off-reserve Indigenous population), and co-operatives for the construction, rehabilitation, and conversion of rental housing projects. Comments on Funding:1Funding is in the form of a forgivable loan. The funding amount is based on the cost of
This program is currently closed. Amount:No Fixed Amount Type of Program:Loan Description:The Perennial Crop Establishment Loan Program provides financial assistance, in the form of loans, to persons wishing to establish a perennial crop. Comments on Funding:Financing of perennial crops is up to 75% of the enhanced value. The loan can be amortized in up to 10
This program is currently closed. Amount:$750,000.00 Type of Program:Loan Description:The New Entrant Farmer Loan Program provide financial assistance, in the form of loans, to persons entering into the agriculture sector. The program is designed to assist in the purchase of a farm and can complement other sources of lending such as Farm Credit Canada and
This program is currently closed. Amount:No Fixed Amount Type of Program:Loan Description:The Fisheries Loans (New Entrant Loan) provides financial assistance in the form of loans to New Brunswick new entrant fishers. Direct loans may be provided to finance viable projects for the construction, purchase or repairs of commercial fishing vessels, as well as for the