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Impact Loan

by Maurice | February 2, 2023

Amount:

$25,000

Type of Program:

In-Kind Support, Loan


Description:

Impact offers small businesses loans of up to $25,000 and access to business skills development opportunities. 

Comments on Funding:

Funding is a loan of up to $25,000.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • be business owners, ages 19+ for new start-up financing;
  • be business owners, ages 19-39 for growth/expansion loans;
  • be entrepreneurs in Mount Pearl & St. John's.

Application Steps:

1

Applicants must apply online with Metro Business Opportunities.

Documentation Needed: 

No specific documentation has been identified.

Program Contact:

Impact — Metro Business Opportunities

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How to Start a Business in Newfoundland and Labrador: Step-by-Step Guide for New Entrepreneurs
Best Business to Start in Newfoundland & Labrador: Growth Industries + Top Business Ideas
Businesses for Sale in Newfoundland & Labrador: Best Places to Buy + Mistakes to Avoid
How to Incorporate a Business in Newfoundland & Labrador: Step-by-Step Guide for New Entrepreneu...

About Maurice

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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