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CBDC Chaleur Future Entrepreneur Loan
Loan for young entrepreneurs in New Brunswick
Last Update: June 5, 2026
Funding available
$ 1,500
Timeline
- Open continuously
Location
New Brunswick, Canada
Overview
If you are a prospective entrepreneur (19 years old or younger) in the Chaleur region of New Brunswick, you can get a loan of up to $1,500, with a possibility of being reimbursed 30% of the loan value.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Launch or market a product/service
- Raise awareness or mobilize a population
Eligible Funding
- Maximum amount : 1,500 $
- Up to 30% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- New Brunswick
Legal structures
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The CBDC Chaleur Future Entrepreneur Loan supports entrepreneurial ventures initiated by young individuals in the Chaleur region. While explicit types of eligible projects are not detailed, the emphasis is on creating micro-enterprises that offer practical work experience to the participants.
- Creation and development of youth-led micro-enterprises.
- Projects that provide practical work experience for young entrepreneurs.
Eligibility
Who is eligible?
- Youth aged 14 to 19.
- Applicants from the Chaleur region.
- Young people creating their own micro-enterprise.
Eligible expenses
Eligible expenses for the Future Entrepreneur Loan include:
- Startup costs for the micro-enterprise
- Purchase of equipment and materials
- Marketing and promotional expenses
- Training and development costs
- Other business-related expenses approved by CBDC Chaleur
Eligible geographic areas
- Chaleur region, New Brunswick.
Selection criteria
The Future Entrepreneur Loan program offers support for youth entrepreneurs aged 14-19 in the Chaleur region. The selection criteria include repayment of the loan after 12 months and the submission of a final business report.
- Repay the loan 12 months after start-up
- Produce a final report detailing business operations
How to apply
1
Preliminary Inquiry
- Contact the CBDC Chaleur at 548-5951 for detailed information about the application process.
- Follow their social media for updates on #FutureEntrepreneurLoan.
2
Prepare Application
- Collect necessary information and documents to demonstrate your business idea and how the loan will be utilized.
- Ensure that the potential future entrepreneur and a supporting adult are involved in the planning process.
3
Application Submission
- Submit the completed application form with all required documents to CBDC Chaleur.
- Ensure that applications are submitted within any specified deadlines, as advised during the preliminary inquiry.
Processing and Agreement
- To qualify for the 30% reimbursement, the loan must be repaid 12 months after the start of the business.
- A final report explaining the business operations must be submitted.
Additional information
- The program is intended to help young participants gain work experience through creating a micro-enterprise.
- It aims to encourage youth entrepreneurship and business start-up awareness.
- It also seeks to promote SMB programs and services, and foster networking with local business owners.
Contacts
Frequently Asked Questions about the CBDC Chaleur Future Entrepreneur Loan Program
What is the CBDC Chaleur Future Entrepreneur Loan?
If you are a prospective entrepreneur (19 years old or younger) in the Chaleur region of New Brunswick, you can get a loan of up to $1,500, with a possibility of being reimbursed 30% of the loan value.
How much funding can be received?
CBDC Chaleur Future Entrepreneur Loan Funds up to 30% of admissible expenses, capped at $1,500 per project.
Who is eligible for the CBDC Chaleur Future Entrepreneur Loan program?
To be eligible for the CBDC Chaleur Future Entrepreneur Loan program, you must:
14 to 19 years old
From the Chaleur region
One family member only
What expenses are eligible under CBDC Chaleur Future Entrepreneur Loan?
The CBDC Chaleur Future Entrepreneur Loan supports entrepreneurial ventures initiated by young individuals in the Chaleur region. While explicit types of eligible projects are not detailed, the emphasis is on creating micro-enterprises that offer practical work experience to the participants. Creation and development of youth-led micro-enterprises.
Projects that provide practical work experience for young entrepreneurs.
Who can I contact for more information about the CBDC Chaleur Future Entrepreneur Loan?
You can contact Community Business Development Corporations (CBDC) or by phone at 548-5951.
Where is the CBDC Chaleur Future Entrepreneur Loan available?
The CBDC Chaleur Future Entrepreneur Loan program is available the province of New Brunswick.
Is the CBDC Chaleur Future Entrepreneur Loan a grant, loan, or tax credit?
CBDC Chaleur Future Entrepreneur Loan is a Loans and Capital investments