Amount:

$50,000.00

Type:

In-Kind Support, Loan

Description:

LaunchSocial gives social enterprises flexible, revenue-based, and ‘drawn-over-time’ options for low-interest loans that can go up to $50,000 for first-time borrowers, without requiring personal guarantees.

Comments on Funding:

Funding is a loan of up to $50,000.

Deadline:

Eligibility:

Applicants must:
1. be social enterprises;
2. be for profit social enterprises;
3. be in New Brunswick;
4. have a passion for creating positive impact;
5. have a way to make money by creating change;
6. be an organization (no personal financing);
7. have a plan and have people ready to make it happen.

Application Steps:

Applicants must contact Kaléidoscope through their online form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

May 2024: This program is no longer available. New programs are from this organization,

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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