How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CBDC Youth Entrepreneurship Development Initiative?

CBDC Youth Entrepreneurship Development Initiative is funded by Community Business Development Corporations (CBDC)

What are CBDC Youth Entrepreneurship Development Initiative's eligibility criterias?

The applicant must be a youth aged 18 to 34 within the CBDC Southwest service area, including Fredericton.

CBDC Youth Entrepreneurship Development Initiative

Last Update: March 29, 2025

NS, Canada

Financing and support for SMEs in Southwest NB

CBDC Youth Entrepreneurship Development Initiative at a glance

Eligible Funding

No Condition

Timeline

Continuous Intakes

Financing Type

Expert Advice

Eligible Industries

All industries

Grant Providers

Community Business Development Corporations (CBDC)

Status

Open

Overview of the CBDC Youth Entrepreneurship Development Initiative program

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.

Eligible projects & activities

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 criteria of the CBDC Youth Entrepreneurship Development Initiative program

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.

Eligibility criteria of the CBDC Youth Entrepreneurship Development Initiative program

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 to the CBDC Youth Entrepreneurship Development Initiative program

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.

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.

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.

Review and Edit

Carefully review your application for any errors or missing information.
Edit and revise the content to ensure clarity and completeness.

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.

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.

Contact Community Business Development Corporations (CBDC)

1-888-303-2232

Apply to this program

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