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Community Business Development Corporations
Funding for newcomers in Newfoundland & Labrador
Helps newcomers to Canada get money to start or buy a business. Offers up to $20,000 for this purpose.
Repayable loans for newcomers to start a new business or purchase an existing business, complemented by training and counselling services to foster self-sufficiency and profitability.
Business Size: small
Industries: all sectors eligible for CBDC lending
Region: Newfoundland and Labrador
Demographics: newcomers
Other Criteria: 19 and older, non-permanent residents or citizens of Canada at the time of application, to start a new business or purchase an existing business
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This program is available to small businesses in all sectors eligible for CBDC lending industries located in Newfoundland and Labrador.
This program offers funding up to $20,000.
The application deadline is March 31, 2025.
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