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Future Entrepreneur Loan

ByMaurice

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 loan value can be a grant.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

  • be young entrepreneurs aged 14 to 19,
  • reimburse the loan 12 months after the beginning of the start-up and produce a final report explaining the operation of the business in order to be eligible for the 30% reimbursement of the loan value.

Application Steps:

For more information on the Future Entrepreneur Loan, applicants should call 548-5951 or follow CBDC's social media for #FutureEntrepreneurLoan.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

No other details available.

Program Contact:

Loans & Financing for Future Entrepreneurs in NB (Chaleur)

Related posts:

New Brunswick Small Business: Complete Guide for Entrepreneurs
How to Get a Small Business Loan in New Brunswick: Quick Guide for NB Entrepreneurs
Business License New Brunswick: Step-by-Step Guide, Costs & More
Franchise Opportunities in New Brunswick: How to Find Franchises for Sale + Mistakes to Avoid

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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