Type of Program:
The Student Entrepreneurship component provides an interest-free loan of up to $3,000 to help students start a summer business that will create at least one full-time student summer job and provide the applicant with a valuable business experience.
Comments on Funding:
Funding is up to $3,000. If the loan has been repaid in full, students may be reimbursed up to 1/3 of the loan, provided that all program regulations and requirements have been met.
When It Ends:
The applicants should pick up application booklets at their local Department's Regional Office, Service New Brunswick Centre or Enterprise Agency. The booklet provides directions on how to prepare a business plan and advice on the steps to take to form a business.
The application must include a business plan that shows how the business will be able to pay back the loan by October 15.
Other Things to Note:
The Student Entrepreneurship component of the Student Employment and Experience Development Program (SEED) is a unique part of the Government of New Brunswick’s summer employment programming.