CBDC Drive
NS, Canada
Loan for young entrepreneurs in Newfoundland and Labrador
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Community Business Development Corporations (CBDC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
If you're an entrepreneur under the age of 35 in Newfoundland and Labrador and you haven't been able to get funding from other sources, you can get a low-interest loan of up to $10,000.
grant_single_labels|projects
The KICK$TART Loan Program helps entrepreneurs in Canada by providing financial support to startups and fostering business development.
- Business plan development
- Market research and analysis
- Equipment purchasing
- Inventory acquisition
- Marketing and promotional activities
- Operational expenditures
grant_single|admissibleProjectsExample
$10,000
Toronto
Launching a modern bakery specializing in gluten-free products
$10,000
Calgary
Establishing a community garden project to enhance local food security
$10,000
Vancouver
Opening a tech startup focused on app development for mental health
$10,000
Halifax
Launching a sustainable fashion boutique emphasizing eco-friendly materials
$10,000
Saskatoon
Creating a digital marketing agency tailored to small businesses
grant_single_labels|admissibility
Eligibility criteria for this grant are :
- Be a Newfoundland and Labrador entrepreneur under 35 years of age
- Not have been able to obtain financing from other sources
grant_eligibility_criteria|who_can_apply
The KICK$TART Loan Program is designed to help startup businesses in Canada. Eligible types of companies include:
- Small and medium-sized enterprises (SMEs)
- Technology startups
- Retail businesses
- Service providers
- Manufacturing firms
- Social enterprises
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include:
- Startup costs
- Equipment purchases
- Marketing and advertising expenses
- Operating expenses
grant_eligibility_criteria|zone
The KICK$TART grant is for entrepreneurs under 35 in Newfoundland and Labrador.
grant_single_labels|criteria
Evaluation and selection criteria for the KICK$TART & Drive grant in Canada may include:
- Being under 35 years of age
- Be an entrepreneur in Newfoundland and Labrador
- Have been unable to obtain financing from other sources
- Demonstrate financial need to start a business
grant_single_labels|register
- Step 1: Fill out the application form online.
- Content: Complete the required fields with accurate information.
- Implications: Ensure all necessary details are provided to be considered for the grant.
- Step 2: Submit supporting documents.
- Content: Attach relevant documents such as business plans, financial statements, and identification papers.
- Implications: Supporting documents help validate the information provided in the application.
- Step 3: Await review and decision.
- Content: Wait for the grant administrator to review your application and make a decision.
- Implications: The approval or rejection of the grant will depend on the evaluation of your submission.
grant_single_labels|contact
1-888-303-2232
Apply to this program
KICK$TART Loan Program Summary
The KICK$TART Loan Program offers assistance to entrepreneurs looking to start a business in Canada. Expert guidance is provided to help applicants navigate the process of securing funding for their business ventures.
Explaining the KICK$TART Loan Program
The KICK$TART Loan Program is an initiative designed to support aspiring entrepreneurs in Canada by providing financial assistance to kickstart their business ventures. This program aims to foster innovation and economic growth by offering flexible loan options tailored to meet the unique needs of each applicant.
Through the KICK$TART Loan Program, eligible individuals can access funds to cover startup costs, equipment purchases, marketing expenses, and other essential business needs. The program not only provides financial support but also offers valuable mentorship and guidance from experienced startup experts to help applicants navigate the complex process of launching a successful business.
One of the key features of the KICK$TART Loan Program is its focus on inclusivity, ensuring that entrepreneurs from diverse backgrounds and industries have equal opportunity to access funding and support. Whether you're a tech startup, a creative artist, or a small business owner, this program is designed to empower you to turn your entrepreneurial dreams into reality.
Applying for the KICK$TART Loan Program is a straightforward process that begins with contacting a startup expert who will guide you through the application steps. From creating a business plan to identifying the funding options that best suit your needs, the expert support provided through this program can significantly increase your chances of success in securing the necessary financing for your business.
By participating in the KICK$TART Loan Program, entrepreneurs not only gain access to financial resources but also become part of a vibrant community of like-minded individuals who are passionate about building successful businesses. This program opens doors to networking opportunities, mentorship relationships, and valuable connections that can help entrepreneurs thrive in the competitive business landscape.
Overall, the KICK$TART Loan Program is a valuable resource for entrepreneurs who are ready to take the first step towards launching their own business. With a combination of financial support, expert guidance, and a supportive community, this program equips aspiring business owners with the tools they need to turn their entrepreneurial visions into sustainable and successful enterprises.
