How much funding can be received?

Funds up to 10000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CBDC Drive?

CBDC Drive is funded by Community Business Development Corporations (CBDC)

What are CBDC Drive's eligibility criterias?

No specific eligibility criteria provided in the context for the CBDC Drive grant.

CBDC Drive

grant_single|update January 24, 2025

NS, Canada

Loan for young entrepreneurs in Newfoundland and Labrador

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grant_single_labels|admissibility

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grant_single_labels|apply

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grant_single|eligibleFinancing

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grant_single|deadlines

grant_single|openingDate July 9, 2024

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Loans and Capital investments

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Community Business Development Corporations (CBDC)

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grant_card_status|open

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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.

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grant_single|admissibleProjectsExample

$ 10,000

Launching a modern bakery specializing in gluten-free products

$ 10,000

Establishing a community garden project to enhance local food security

$ 10,000

Opening a tech startup focused on app development for mental health

$ 10,000

Launching a sustainable fashion boutique emphasizing eco-friendly materials

$ 10,000

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 information related to the evaluation and selection criteria for the KICK$TART Loan Program is not provided in the given context. Typically, such programs may evaluate based on business viability, financial projections, and alignment with economic development goals, but no specific criteria are mentioned here.