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Aboriginal Business Financing Program (ABFP)

Amount:No Fixed Amount Type of Program:Grants Description:The Aboriginal Business Financing Program (ABFP), administered by Ulnooweg, offers non-repayable business contributions to individual Aboriginal entrepreneurs and community owned businesses. Some of the eligible expenses for ABDP support are: business planning, establishment and operating costs, business acquisitions and expansions, local, domestic or export oriented marketing initiatives, new product…

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Atlantic Innovation Fund (AIF)

Amount:$3,000,000.00 Type of Program:Grants & Loan Description:The Atlantic Innovation Fund (AIF) is helping Atlantic Canada compete at home and abroad by supporting the development of innovative products and services that lead to commercial success. AIF helps researchers and innovative businesses team up to develop new products and services and put them on the market.  Comments…

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Micro Loan

Amount:$5,000.00 Type of Program:Loan Description:The Micro Loan provides up to $5,000 in financial assistance to new or existing new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland.Comments on Funding:Funding is up to $5,000.There is a $100 administration fee. The first year is interest-free When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant…

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Term Loan

Amount:$25,000.00 Type of Program:Loan Description:The Term Loan provides up to ,000 in financial assistance to new or existing Black-owned business in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland. Loans can be used for capital equipment acquisition, working capital, or short-term receivable financing.Comments on Funding:Funding is up to $25,000.The interest rate is based on…

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Community Development Fund (CDF)

Amount:$225,000.00 Type of Program:Loan Description:The Community Development Fund Loans offers additional financial assistance up to $225,000 in the form of repayable loans to businesses and offers financial assistance in terms of loans or bridge financing to non-profit associations. Comments on Funding:Funding is up to $225,000 and is available in the form of repayable loans to businesses…