Atlantic Canada Business Grants

Riverview

Sustainability Micro-grants

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Amount:

$2.500 

Type of Program:

Grants

Description:

The Sustainability Micro-grants program supports projects that will contribute to the overall sustainability of the Town. Eligible projects are community-driven and create meaningful impact and community awareness for the goals and actions outlined in the Town’s Sustainability Plan. 

Comments on Funding:

Funding is a grant up to 100% of eligible expenses for a project up to a maximum of $2,500.

When It Ends:

January 1, 2023

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • be Riverview organizations, institutions, students, businesses and residents;
  • propose projects that will:
  • move toward achieving goals and actions as laid out in the Town’s Sustainability Plan Improve the visibility and knowledge of the Town’s Sustainability Plan;
  • contribute to actions that foster principles of sustainable development and sustainability principles in decision making;
  • foster community partnerships and collaboration;
  • engage community members in fun, meaningful and impactful projects that create an awareness of the importance and value of the Town’s Sustainability Plan.

Application Steps:

1

submit their application;

2

be available for a review of their application should more details be required.

Documentation Needed: 

Applicants must submit:

  1. 1
    a post-project report;
  2. 2
    proof of payment.

Program Contact:

SUSTAINABILITY MICRO-GRANTS

Community Growth Grant

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Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Community Growth Grant is available for non-residential and mixed-use development projects that significantly increase the value of an existing property. 

Comments on Funding:

Funding will take the form of a grant based on the project’s assessed economic value and administered using a declining scale over a period of 5 years for projects valued less than $5,000,000, and 10 years for projects valued more than $5,000,000.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be registered as a Corporation under the Business Corporation Act;
  • undertake a project for a property which is:
  • not in a position of tax arrears (all taxes owing shall be paid prior to the disbursement of any fee-related grant);
  • located in a designated commercial zone within the Town of Riverview (check Schedule “C” on the website);
  • classified as non-residential use;
  • considered mixed-use, so long as a portion of the development includes commercial uses within the total developed floor space of the project;
  • undertake one of the following types of projects on underdeveloped or vacant land:
  • infill and redevelopment of parking lots, underutilized sites, and buildings;
  • redevelopment of properties which involves the demolition of commercial, residential, or industrial buildings;
  • development activity on vacant land not occupied by a main building that can accommodate a new construction or significant addition;
  • significantly (more than $500,000) improve or enhance the assessed value of the property as per the provincial property assessment.

Application Steps:

1

complete and submit the prescribed form identified in Schedule “A” to the Town of Riverview prior to the commencement of any works and prior to applying for a building permit;

2

enter into an Agreement with the Town of Riverview that sets out the conditions of the grant, if successful;

3

commence the proposed development no later than two (2) years following Town Council’s approval of the grant or the grant will be cancelled.

Documentation Needed: 

Applicants must submit:

  1. 1
    the application form;
  2. 2
    a business plan, if required;
  3. 3
    reports, plans, estimates, contracts, and other relevant details as may be required to satisfy the Town with respect to the eligible costs of the project and conformity of the project with the Municipal Development Plan;
  4. 4
    an annual update confirming that the terms of the incentive are being met.

Program Contact:

DEVELOPMENT INCENTIVES

Impact Loan Program

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Amount:

$25,000

Type of Program:

Loans

Description:

The Impact loan program is designed to offer a business start-up loan and expansion financing of up to $25,000 for small and medium-sized businesses in Greater Moncton. 

Comments on Funding:

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

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must be:

  • a small and medium-sized business;
  • a business start-up (entrepreneurs of all ages can apply);
  • an established business owner, as follows:
  • be ages 19-39;
  • be using the fund for expansion financing.
  • a business registered in either Dieppe, Riverview, or Moncton;
  • subject to a clean credit check;
  • a business that is operational year-round;
  • The loan cannot be used for a business where greater than 50% of the revenue comes from the sale of alcohol, tobacco, or any controlled substance. This also includes businesses commonly referred to as being part of the “Sin” category;
  • The loan cannot be used for the purchase of a vehicle, land, or a building.

Application Steps:

1

Applicants must book a business counseling session;

2

Applicants must write their business plan;

3

Applicants must submit an application using the Entrepreneur Intake Form available online.

Documentation Needed: 

Applicants must submit:

  1. 1
    the completed application form;
  2. 2
    a business plan.

Program Contact:

Impact Loan Program – 3+ Corporation

Impact Atlantic | More Than A Start-Up Loan