Open
CBDC Micro-Loan Program
Micro-loan for Nova Scotia entrepreneurs
Last Update: March 24, 2026
Funding available
$ 500 - $ 5,000
Timeline
- Open continuously
Location
Shelburne, Nova Scotia, Canada
Overview
Loans of $500 to $5,000 for Shelburne, Nova Scotia, entrepreneurs to fund a start-up or to get a boost in working capital.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 5,000 $
- Minimum amount : 500 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Shelburne
- 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
Activities funded
- Starting a new business.
- Supporting the working capital needs of a small business.
Eligibility
Who is eligible?
The CBDC Micro-Loan Program is designed for new entrepreneurs seeking startup capital and existing small business owners in need of additional working capital. The program offers unsecured micro-loans ranging from $500 to $5,000, making it accessible to a wide range of small business ventures, particularly those unable to secure traditional financing due to size or lack of collateral. With a focus on fostering entrepreneurship and supporting small businesses, the program appeals to individuals and entities looking to establish or grow their business operations in Shelburne and surrounding areas.Eligible expenses
Eligible expenses for this grant include:
- Startup money for new entrepreneurs
- Boost in working capital for small business owners
Eligible geographic areas
- Shelburne, Nova Scotia.
Additional information
The CBDC Micro-Loan Program offers additional benefits and options worth noting:
- Assistance from startup experts is available for new entrepreneurs seeking guidance.
- Loan terms are flexible and can be tailored to suit individual business needs.
- Interest rates are competitive, set at 2% above the prime rate.
- Both new and established business owners can benefit from the program.
Contacts
Frequently Asked Questions about the CBDC Micro-Loan Program Program
Here are answers to the most common questions about the CBDC Micro-Loan Program. 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 Micro-Loan Program?
Loans of $500 to $5,000 for Shelburne, Nova Scotia, entrepreneurs to fund a start-up or to get a boost in working capital.
How much funding can be received?
CBDC Micro-Loan Program Funds up to $5,000 of admissible expenses.
Who is eligible for the CBDC Micro-Loan Program program?
To be eligible for the CBDC Micro-Loan Program program, you must:
Open to new entrepreneurs seeking startup funds.
Available for small business owners needing working capital.
What expenses are eligible under CBDC Micro-Loan Program?
Starting a new business.
Supporting the working capital needs of a small business.
Who can I contact for more information about the CBDC Micro-Loan Program?
You can contact Community Business Development Corporations (CBDC) by email at shelburne@cbdc.ca or by phone at 902-875-1133.
Where is the CBDC Micro-Loan Program available?
The CBDC Micro-Loan Program program is available the province of Nova Scotia.
Is the CBDC Micro-Loan Program a grant, loan, or tax credit?
CBDC Micro-Loan Program is a Loans and Capital investments