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CBDC Kick$tart - Nova Scotia - Canada
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CBDC Kick$tart

Loan for young entrepreneurs in Newfoundland and Labrador
Government of Newfoundland and Labrador
Last Update: March 6, 2026
Funding available
No Condition
Timeline
  • Open Date : July 9, 2024
Location
Nova Scotia, Canada

Overview

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.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop a new product or service
  • Complete an acquisition or business transfer
  • Conduct research and development activities
Eligible Funding
  • No Condition
Timeline
  • Open Date : July 9, 2024

Eligible candidates

Eligible Industries
  • All industries
Location
  • Nova Scotia
Legal structures
  • For-profit business
  • Sole proprietorship
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Eligibility

Who is eligible?

The KICK$TART Loan Program is designed to assist individuals and startups in Canada seeking financial support to start a business. Potential applicants are those who demonstrate a viable business idea and the ability to repay the loan. Typically, startups in the ideation stage or early development phase could benefit from this program. Specific sectors or business types are not indicated, suggesting the program may be open to a broad range of business ventures.

Who is not eligible

There are specific types of companies that are not eligible for this grant.

  • Companies in the tobacco industry
  • Companies involved in speculative activities

Eligible expenses

  • Cost of equipment and supplies
  • Marketing and advertising expenses
  • Professional services fees (e.g., legal or accounting)
  • Rent or lease of business premises
  • Salaries for new hires

Additional information

Here are additional relevant details for this grant:

  • The program offers personalized business advice through startup experts.

Contacts

1-888-303-2232

Frequently Asked Questions about the CBDC Kick$tart Program

Here are answers to the most common questions about the CBDC Kick$tart. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the CBDC Kick$tart?

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.

Who is eligible for the CBDC Kick$tart program?

To be eligible for the CBDC Kick$tart program, you must: Applicants must be looking to start a business. Applicants should contact a startup expert for assistance.

Who can I contact for more information about the CBDC Kick$tart?

You can contact Community Business Development Corporations (CBDC) or by phone at 1-888-303-2232.

Where is the CBDC Kick$tart available?

The CBDC Kick$tart program is available the province of Nova Scotia.

Is the CBDC Kick$tart a grant, loan, or tax credit?

CBDC Kick$tart is a Loans and Capital investments

Who are the financial supporters of the CBDC Kick$tart?

CBDC Kick$tart is funded by Community Business Development Corporations (CBDC), Government of Newfoundland and Labrador

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