Atlantic Canada Business Grants

Greater Fredericton Region

Seed Grant Fund

by |

Amount:

$25,000.00

Type of Program:

Grants

Description:

The Seed Grant Fund provides a non-repayable grant of up to $25,000 to high-growth potential entrepreneurs in the Greater Fredericton Region. Funding can be used for prototyping, product and client validation and market entry activities.  

Comments on Funding:

Funding is up to $25,000.
Limited funding is available on an annual basis.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

  • Applicants must be high-growth potential entrepreneurs in the Greater Fredericton Region.

Application Steps:

1

Entrepreneurs are encouraged to contact Planet Hatch's Business Startup Specialist, Oriana Cordido, at info@planethatch.com to assess their eligibility for the fund.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Planet Hatch operates a Seed Grant Fund, funded by the Province of New Brunswick.

Program Contact:

Planet Hatch: Funding

Impact Loan

by |

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 begin at prime plus 2%.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

  • Applicants must be startups in the Greater Fredericton Region. 

Application Steps:

Applicants must:

1

complete the Impact loan application online, or by contacting the partner organization delivering the loan in their area.

2

provide other documents and the permission to conduct a credit check, at the request of their Loans Officer.

3

complete the legal documents, if approved.

Documentation Needed: 

Applicants must:

  • complete the Impact loan application. For the initial application the following information is required: personal contact details, personal assets and liabilities, a description of the business, any current business assets and liabilities, listing of principal owners, and projected business start-up (or expansion) costs and sources of financing.
  • a copy of your business plan, resume, driver’s license, projected financial statements, answers to additional questions, and permission to conduct a credit check, at the request of their Loans Officer.

Other Things to Note:

No other details available.

Program Contact:

Planet Hatch: Funding

FAQ | Impact Atlantic

ARTrepreneur-in-Residence

by |

Amount:

N/A

Type of Program:

Entrepreneurship Program

Description:

The ARTrepreneur-in-Residence program accepts creators from all disciplines looking to start and grow their business in Fredericton. Located in Planet Hatch, Fredericton's core entrepreneurial hub, ARTrepreneurs will be given the necessary tools to begin building their business and professional network through free business tools such as mentorship, office and meeting space, access to events and entrepreneurial programming, ability to publicly display and promote their product or service, and so much more! 

Comments on Funding:

No funding provided.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must be:

  • creative, self-driven artists who want to build connections and relationships within the entrepreneurial community;
  • be willing to grow their business locally, take full advantage of the resources available in Fredericton and either bring their product to market or increase market success.

Application Steps:

1

Applicants must submit the completed application form.

Documentation Needed: 

No specific documentation has been identified.

Program Contact:

Planet Hatch: ARTrepreneur Program