Startup & Expansion Loans

By mmuise

The Startup & Expansion Loans are for small and medium-sized businesses run by entrepreneurs of all ages. Recipients get support to develop their business knowledge and skills in marketing, accounting, human resources and business planning. Low-interest loans of up to $25,000 are available, with flexible repayment terms and no penalty for early repayment of the principal.

Comments on Funding:

Funding ranges from $5,000 to $25,000 with a low interest rate of Prime + 2%, low principal payments and no penalty for early repayment.
All $5,000 loans are interest free for 6 months.

Deadline: Continuous Intake

Applicants must be:

  • entrepreneurs of all ages,
  • businesses registered within the Halifax, Dartmouth and Bedford boundaries.
Application Steps:

Applicants must apply through the online form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

CEED Programs are delivered in partnership with ACOA and the Province of Nova Scotia.

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