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CBDC NB Small Business Emergency Working Capital Program
Financial help for small businesses in NB
Last Update: March 4, 2026
Funding available
$ 100,000
Timeline
- Open continuously
Location
Nova Scotia, Canada
Overview
Get a loan of up to $100,000 to increase working capital and help your company respond to the COVID-19 economic challenges.
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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 : 100,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Retail trade
- Arts, entertainment and recreation
- Accommodation and food services
- Other services (except public administration)
Location
- Nova Scotia
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- $ 10,000,000 maximum revenue
Organisation size
- 1-49 employees
Audience
- Rural or Northern Residents
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant supports small businesses in New Brunswick impacted by the COVID-19 pandemic by providing working capital loans. The eligible activities focus on maintaining business operations and ensuring sustainability through financial relief.
- Maintaining day-to-day operations through accessible working capital.
- Mitigating the financial impact of the COVID-19 pandemic on business activities.
- Supporting liquidity for businesses in need of immediate financial assistance.
- Ensuring long-term viability and stability of affected small businesses.
Eligibility
Who is eligible?
The grant is aimed at small business owners in New Brunswick who have been impacted by the COVID-19 pandemic. Eligible applicants include small businesses engaged in commercial enterprises with 1 to 49 employees and sales of less than $10 million for the most recent fiscal year. Applicants must be registered with Service NB, in good standing as of January 1, 2020, and have been financially viable as of March 15, 2020. Only businesses not substantially public-funded and with operations primarily in New Brunswick are eligible. Furthermore, applicants should have no prior history of bankruptcy or default, and must have first explored other financial institutions and federal support avenues.Who is not eligible
This grant details mainly eligibility criteria but does not explicitly mention specific industries or company types that are ineligible. However, restrictions may implicitly exist based on the nature of funding and the historical financial standing required.
Eligible expenses
This grant provides financial support to small businesses in New Brunswick that have been adversely affected by the COVID-19 pandemic. Eligible activities are focused on sustaining operations and addressing immediate financial challenges brought about by the pandemic.
- Acquisition of working capital to maintain business operations.
- Relief from immediate financial strain due to the COVID-19 pandemic.
- Support for maintaining employment and operational capacity during and after the pandemic.
Eligible geographic areas
This grant is available to small businesses located in specific areas within the province of New Brunswick. It aims to support the regional small businesses that have been adversely affected by the COVID-19 pandemic by providing financial relief.
- CBDC Chaleur
- CBDC Charlotte/Kings (greater Saint John area)
- CBDC Kent
- CBDC Madawaska
- CBDC Northumberland
- CBDC Peninsule acadienne
- CBDC Restigouche
- CBDC Southwest (greater Fredericton area)
- CBDC Victoria-Madawaska (Grand Falls)
- CBDC Westmorland Albert (greater Moncton area)
Additional information
Here are additional relevant details for this grant:
- Interest will be charged at 4% per annum after a six-month interest-free period.
- It is available only to businesses in New Brunswick, excluding those in the public sector.
- The business must have been financially viable and not struggling with liquidity or financial distress as of March 15, 2020.
- Applicants should not have any prior history of bankruptcy or default and must have been in good standing prior to the pandemic.
- Principal and interest payments are required to start from the thirteenth month onwards.
- Applicants should have exhausted financial support options through their financial institution and federal programs before applying.
Contacts
Frequently Asked Questions about the CBDC NB Small Business Emergency Working Capital Program Program
Here are answers to the most common questions about the CBDC NB Small Business Emergency Working Capital 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 NB Small Business Emergency Working Capital Program?
Get a loan of up to $100,000 to increase working capital and help your company respond to the COVID-19 economic challenges.
How much funding can be received?
CBDC NB Small Business Emergency Working Capital Program Funds up to $100,000 of admissible expenses.
Who is eligible for the CBDC NB Small Business Emergency Working Capital Program program?
To be eligible for the CBDC NB Small Business Emergency Working Capital Program program, you must:
The business must employ 1 to 49 employees and have sales for the most recent fiscal year of less than $10 million.
The small business must be registered with Service NB and have its primary place of operations in New Brunswick.
The business must have been in good standing and current with financial institutions and government remittances prior to the COVID-19 crisis.
What expenses are eligible under CBDC NB Small Business Emergency Working Capital Program?
This grant supports small businesses in New Brunswick impacted by the COVID-19 pandemic by providing working capital loans. The eligible activities focus on maintaining business operations and ensuring sustainability through financial relief. Maintaining day-to-day operations through accessible working capital.
Mitigating the financial impact of the COVID-19 pandemic on business activities.
Supporting liquidity for businesses in need of immediate financial assistance.
Ensuring long-term viability and stability of affected small businesses.
Who can I contact for more information about the CBDC NB Small Business Emergency Working Capital Program?
You can contact Community Business Development Corporations (CBDC) or by phone at 1-888-303-2232.
Where is the CBDC NB Small Business Emergency Working Capital Program available?
The CBDC NB Small Business Emergency Working Capital Program program is available the province of Nova Scotia.
Is the CBDC NB Small Business Emergency Working Capital Program a grant, loan, or tax credit?
CBDC NB Small Business Emergency Working Capital Program is a Loans and Capital investments