Newcomer Entrepreneur Loan

By mmuise

BDC helps Canadian immigrants that want to start a company or handle the typical challenges of building a company in Canada.

Comments on Funding:

Funding ranges from $25,000 to a maximum of $50,000.

Deadline: Currently accepting applications

Applicants must have:

  • a business that has in operation for at least 12 months and generated revenues,
  • immigrated to Canada less than three years ago,
  • reached the age of majority in the province or territory in which you live,
  • permanent resident status or protected person status,
  • a viable business plan.

Application Steps:

Applicants must:

1. complete an online business loan request providing a few details about the company and about the contact person;

2. further discuss with a BDC representative when contacted.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:


About the author