Atlantic Canada Business Grants

Exploration Fund

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Amount:

$25,000

Type of Program:

Investment

Description:

The Exploration Fund offers up to $25,000 in the form of a SAFE agreement to businesses who meet the eligibility criteria and successfully pass through the fund’s due diligence process. 

Comments on Funding:

Funding will take the form of a SAFE agreement of up to $25,000.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be a current Saint Mary’s University (SMU) student or recent alumni who is running a start-up that has:

  • strong user feedback, or traction via early orders or sales;
  • proof of concept, MVP (Minimum Viable Product), or a product already in market;
  • plans to grow the business;
  • well-defined, short-term strategy;
  • clear market differentiation.

Application Steps:

1

Applicants must apply by attending an introductory meeting;

2

Applicants must go through the due diligence process.

Documentation Needed: 

No specific documentation has been identified.

Program Contact:

Exploration Fund – Saint Mary's University Entrepreneurship Centre

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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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