Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.Comments on Funding:Funding will take the form of: interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;non-repayable contributions for up to…
Amount:No Fixed Amount Type of Program:Loan Description:The CBDC Youth Loan Program provides financial assistance to young entrepreneurs aged 18-34 for business startup, expansion or modernization in rural Atlantic Canada. Comments on Funding:Funding is available in the form of a repayable loan with competitive interest rates and repayment terms. Financial options may include: demand and term loans,…
Amount:$1,500.00 Type of Program:Grants, Loan Description:The Future Entrepreneur Loan program provides funding to youth aged 14 to 19 from the Chaleur region who wish to acquire work experience by creating their own micro-enterprise. Comments on Funding:Funding is a loan up to $1,500 with 0% interest and a flexible reimbursement schedule. Up to 30% of the…
Amount:$25,000.00 Type of Program:Loan Description:The Impact loan provides funding to SMEs in urban Atlantic Canada. Entrepreneurs of all ages can apply for a business start-up loan, while established business owners between 19 and 39 can avail of expansion financing.Comments on Funding:Funding of up to $25,000 with flexible repayment terms and no penalty for early repayment…
Amount:$15,000.00 Type of Program:Loan Description:KICK$TART & Drive Programs provide low-interest loans to entrepreneurs under the age of 35 in Newfoundland and Labrador who haven’t been able to get funding from other sources.Comments on Funding:Funding is a low-interest loan of up to $5,000 under the Kick$tart Program and a low-interest loan of up to $10,000 under…
