CBDC Self Employment Assistance (Atlantic Region)
grant_single|update January 24, 2025
NS, Canada
Support for unemployed Atlantic Canadians to launch a business
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
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 are unemployed, you can receive financial assistance, counselling and technical advice during the initial phase of your business creation and development.
grant_single_labels|terms_and_conditions
The CBDC Self Employment Assistance (Atlantic Region) grant provides financial assistance and a structured weekly allowance to support eligible unemployed individuals in their entrepreneurial endeavors. The financial modalities focus on maintaining income support through various phases of business establishment.
- Continuation of Employment Insurance (EI) benefits until the end of the claim period, followed by support at a provincially determined rate.
- Weekly allowance provided for approved participants who are not receiving Employment Insurance.
grant_single_labels|projects
grant_single|admissibleProjectsExample
$ 3,000
Creating a business plan for a new artisanal coffee shop
$ 5,000
Starting an online platform for mental health resources
$ 5,000
Starting a new community-based eco-friendly cleaning service
$ 6,000
Expansion of a small local bakery to offer gluten-free products
$ 4,800
Launching a mobile tech repair service catering to seniors
$ 5,700
Expanding a small arts and crafts store to include online sales
grant_single_labels|admissibility
To be eligible for the Self Employment Benefit Program, certain criteria must be met by the applicant.
- The applicant must be unemployed.
- The applicant must be an Atlantic Canadian.
- The applicant must be receiving or have received Employment Insurance (EI) benefits within a certain timeframe, or be approved for the program and not currently receiving EI benefits.
- The applicant must demonstrate self-employment as a viable option based on strengths and needs assessment.
- The applicant must prepare a business plan that demonstrates the potential for success.
grant_eligibility_criteria|who_can_apply
Eligible applicants include unemployed individuals in Atlantic Canada who are interested in starting their own businesses, especially those who are currently receiving or have received Employment Insurance (EI) benefits within a specific timeframe. Prospective applicants must demonstrate that self-employment is a viable option for them and that they have a sound business plan with the potential for success.
grant_eligibility_criteria|eligible_expenses
Some eligible expenses under the Self-Employment Benefit Program include:
- Business registration fees
- Marketing and advertising costs
- Equipment and supplies for your business
- Professional development or training related to your business
- Office rent or utilities
grant_eligibility_criteria|zone
This grant is specifically tailored for unemployed individuals in the Atlantic Region of Canada, aiding them during the initial phase of their business ventures. Eligible geographical areas are determined by the regions covered under the program's guidelines.
- Newfoundland and Labrador
- Prince Edward Island
- Nova Scotia
- New Brunswick
grant_single_labels|criteria
The Self-Employment Benefit (SEB) Program in Canada has evaluation and selection criteria. Applicants are evaluated based on their business plan and must meet provincially established program criteria.
- Business plan demonstrating potential for success
- Compliance with provincially established program criteria
- Recommendation by the Self-Employment Benefit Coordinator
- Approval by the selection committee
grant_single_labels|apply
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grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The SEB Program is funded by the Government of Canada through labor market agreements with provincial governments.
- Programs and services available under the SEB Program may vary by region.
- The local Self-Employment Benefit Coordinator will provide detailed guidance on the development of the business plan and eligibility determination.
grant_single_labels|contact
1-888-303-2232
Apply to this program
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