Newcomer Entrepreneur Loan

By mmuise
Description:

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
Eligibility:

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:

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About the author
mmuise