Starting a Business Funding and Programs
Becoming an entrepreneur and starting a business as a youth is an exciting journey filled with challenges and opportunities. Entrepreneurs need an array of tools to start a business including a business idea, a business plan describing objectives and strategies, finances, and target market! Learn more about regulations, taxation, and programs for financing here!
SEED Entrepreneurship
- Interest-free loans to students who wish to create summer employment and gain valuable business experience by operating their own business
- Guaranteed interest-free loan of up to $3,000 to help students start a summer business that will create at least one full-time student summer job for themselves
- Applicants* must have been a full-time student in the previous academic year and must be returning to full-time studies in the fall.
- For more information, click here.
Places aux Compétences
- For youth aged 15–30 in New Brunswick who have an idea for a community project and want to make a positive impact.
- Provides funding of $1,000–$5,000 (average of $3,000), depending on the scope of the project.
- Offers guidance and support with the application, securing funding, and carrying out the project.
- For more information, click here.
Futurpreneur Canada Core Start-up Program
- Youth entrepreneurs are eligible for up to $75,000 in financing, mentoring, and additional resources. Must be:
- 18-39 years old
- A Canadian citizen or permanent resident
- You must demonstrate some training or experience in your field
- You cannot be a contractor or an agent
- For more information, click here.
BDC – Young Entrepreneur
- Eligible for funding or services to support businesses including start-up financing, small business lending, coaching, and advice.
- For more information, click here.
Junior Achievement NB
- Delivers programs for K-12 students, with offerings tailored to different age groups and learning levels
- Programs focused on entrepreneurship, financial literacy, work readiness, and career exploration
- For more information, click here.
CBDC – Financing and Funding
- Access to flexible financing, training, and support services
- Opportunities for youth entrepreneurs including Youth Loan, First-Time Entrepreneur Loan, General Business Loan, Women in New Brunswick, and Innovation Loan
- Additional resources for funding and youth entrepreneur support click here.
OUT for Business Youth Entrepreneur Program
- Youth entrepreneur eligible for support to grow your business with mentoring and networking opportunities. Must be:
- Identify as a member of 2SLGBTQI+ community
- Between 18-39 years old
- Registered business in Canada
- For more information, click here.
Rise
- Youth entrepreneurs facing mental health or addiction challenges, can get $300-$10,000 to help start, grow, or promote your product or service. Must be:
- Canadian entrepreneurs aged 16-29
- Self-identifying as someone facing mental health or addiction challenges
- For more information, click here.
