How do I apply for CBDC Youth Loan?

Visit Community Business Development Corporations's website for application instructions.

Who administers CBDC Youth Loan?

This program is administered by Community Business Development Corporations.

Are there similar programs to CBDC Youth Loan?

Yes! Canada Grants Database has similar programs in the Business Financing & Capital category. Browse our database to find more options that match your needs.

How can I improve my chances of getting approved for CBDC Youth Loan?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

CBDC Youth Loan

Community Business Development Corporations

💰 Business Financing & Capital👨 Youth-Owned🌱 Early-Stage🏪 Small Business📍 Regional🔧 Equipment

Business loans for young Atlantic Canadians

Funding

$150,000 - $150,000

Deadline

Mar 31, 2025

Status

Accepting Applications

What Is This Program?

If you're a young entrepreneur (18 to 34 years old) in Atlantic Canada, you could get a loan for start-up, fixed assets and working capital needs.

What Benefits Are Offered?

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Repayable loans with competitive interest rates and repayment terms. Financial options include demand and term loans, equity investments, or loan guarantees. Also provides support for business management and other training to ensure business venture success. While CBDC programs and services may vary by region, financial assistance can exceed $150,000 per eligible borrower in certain circumstances.

Who Is Eligible?

Business Size: small, startup

Region: rural Atlantic Canada

Demographics: youth (18-34)

Other Criteria: for business startup, expansion or modernization, seasonal businesses, year-round businesses, loans for start-up costs, fixed assets, working capital, leasehold improvements, franchise purchases, may acquire assets of a previous business (transaction must be at arm's length, assets bought at or below current market value), eligible borrowers may be a sole proprietorship, a limited company or a partnership (majority of the care and control must reside with the new entrepreneur), business operations must have a reasonable expectation of economic viability, business operations must contribute to employment creation and/or maintenance in their community