Amount:$25,000 Type of Program:Investment Description:The Ignition Fund is a competitive based innovation fund for entrepreneurs seeking start-up capital for a new business venture. Innovation PEI will invest seed capital that will allow the successful applicants to turn venture ideas into tangible, viable businesses.Comments on Funding:Funding is up to $25,000 per applicant. A matching contribution is…
Amount:$150,000.00 Type of Program:Investment, Loan, Loan Guarantee Description:The CBDC First-Time Entrepreneur Loan provides financing of up to $150,000 to new entrepreneurs who live in a rural community in Atlantic Canada. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. Financing may be term or…
Amount:No Fixed Amount Type of Program:Loan & Loan Guarantee & Investment Description:The Community Futures program helps to create jobs in rural areas. This is done with the help of more than 40 Community Business Development Corporations (CBDCs) throughout Atlantic Canada.Comments on Funding:The financial help will take the form of loans, loan guarantees and equity financing. …
Amount:No Fixed Amount Type of Program:Investment Description:The objective of the Cogeco TV Production Program is to provide Canadian independent producers with financing for the production of dramatic television series and mini-series.Comments on Funding:Funding is in the form of equity investments to be recouped according to the terms of the Production Financing Agreement. The recoupment may…
Amount:$200,000.00 Type of Program:Investment Description:Through its Short Form Series (aka Web Drama Series) Production Program, the Fund assists independent producers/creators to finance the production of original digital drama series created initially for the web. The focus is on the development of high quality, story-driven drama, and the development of new talent.Comments on Funding:Funding is in…
