
CBDC Youth Entrepreneurship Development Initiative
Last Update: July 22, 2025
NS, Canada
Financing and support for SMEs in Southwest NB
At a glance
Eligible Funding
- No Condition
Timeline
- Unspecified
Financing Type
Expert Advice
Eligible Industries
- All industries
Funds Providers
Unspecified
Program status
Open
Overview
Get financial assistance, business counselling and technical support to start or grow a business in Southwest New Brunswick — including Fredericton — if you are between the ages of 18 and 34.
Activities funded
The CBDC Youth Entrepreneurship Development Initiative focuses on supporting youth entrepreneurial ventures and enhancing the resources available for young entrepreneurs. Eligible projects are those that directly contribute to the growth and development of youth-led businesses.
- Supporting the launch and growth of youth-led entrepreneurial businesses.
- Providing training and networking opportunities for young entrepreneurs.
- Developing mentorship programs that connect young business owners with industry experts.
- Facilitating access to financial resources for business expansion.
- Organizing workshops that address the needs of new and existing youth entrepreneurs.
Examples of admissible projects:
$ 17,000
Developing a community kitchen to support young food entrepreneurs
$ 30,000
Establishing a youth entrepreneurship hub
$ 20,000
Opening a co-working space for young freelancers
$ 15,000
Creating a digital marketing agency focusing on local businesses
$ 25,000
Launching a tech startup focused on youth education through AI tools
$ 22,000
Launching a sustainable fashion line by local young designers in St Andrews
Eligibility
Eligibility for this grant is determined by specific requirements related to the applicant's age and location.
- The applicant must be between 18 to 34 years old.
- The applicant must reside within the CBDC Southwest service area, including the city of Fredericton.
Who is eligible?
The Youth Entrepreneurship Development Initiative (YEDI) is aimed at young entrepreneurs aged 18 to 34 years located within the CBDC Southwest service area, including the city of Fredericton. This program is designed to support new and existing youth entrepreneurs and provide them with resources and information to explore self-employment as a viable career path.
Eligible expenses
This initiative supports projects designed to enhance entrepreneurial skills and opportunities for youth in the Fredericton area. The eligible activities focus on fostering the growth and development of young entrepreneurs through targeted support and resources.
- Workshops and training sessions to develop entrepreneurial skills and knowledge.
- Mentorship and networking opportunities with established entrepreneurs and industry professionals.
- Access to financing and funding options to support business startup and growth.
- Business planning and advisory services to assist in new business creation or expansion.
- Facilitation of market research and feasibility studies to explore business opportunities.
Eligible geographic areas
This grant is available to youth entrepreneurs located within the CBDC Southwest service area. The program aims to support entrepreneurial activities in these designated localities.
- The city of Fredericton.
Selection criteria
The Youth Entrepreneurship Development Initiative (YEDI) grant has specific evaluation and selection criteria. Applicants will be evaluated based on the following criteria:
- Clarity and feasibility of the business proposal
- Demonstrated entrepreneurial spirit and commitment
- Potential for long-term success and growth
- Alignment with the objectives of the program
How to apply
1
Initial Inquiry
- Contact the CBDC Southwest office to express interest in the Youth Entrepreneurship Development Initiative (YEDI).
- Request detailed information and guidance on the application process.
2
Access Application Forms
- Visit the official CBDC Southwest website or contact their office to obtain the necessary application forms.
- Ensure that you have all the required documents and information ready for completion.
3
Complete Application
- Fill out the application form with your personal details, entrepreneurial idea or business plan, and any required supporting documentation.
- Detail your business objectives, strategies, and expected outcomes.
4
Review and Edit
- Carefully review your application for any errors or missing information.
- Edit and revise the content to ensure clarity and completeness.
5
Submit Application
- Submit the completed application form and supporting documents to the CBDC Southwest office by email, mail, or through their online submission portal if available.
- Ensure submission before the stated deadline.
6
Confirmation of Application Receipt
- Receive a confirmation from CBDC Southwest acknowledging receipt of your application.
- Keep this confirmation for your records and for any follow-up required.
Additional information
Here are additional relevant details for this grant:
- The initiative may provide access to mentorship opportunities through a network of established entrepreneurs.
- Participants might have the chance to attend workshops and training sessions designed to enhance entrepreneurial skills.
- Networking events could be organized to connect young entrepreneurs with potential investors and partners.
- Support services such as business plan development and financial literacy training may be available.
Contacts
1-888-303-2232
Frequently Asked Questions about the CBDC Youth Entrepreneurship Development Initiative Program
Here are answers to the most common questions about the CBDC Youth Entrepreneurship Development Initiative. 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 Youth Entrepreneurship Development Initiative?
How much funding can be received?
What is the deadline to apply?
Is the CBDC Youth Entrepreneurship Development Initiative a grant, loan, or tax credit?
Who are the financial supporters of the CBDC Youth Entrepreneurship Development Initiative?
Who is eligible for the CBDC Youth Entrepreneurship Development Initiative program?
Who can I contact for more information about the CBDC Youth Entrepreneurship Development Initiative?
Where is the CBDC Youth Entrepreneurship Development Initiative available?
Are startups eligible for the CBDC Youth Entrepreneurship Development Initiative program?
Are youth (under 40) eligible for the CBDC Youth Entrepreneurship Development Initiative program?

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