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Impact Your Business — Start-Up Loans - Nova Scotia - Canada
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Impact Your Business — Start-Up Loans

Loans for entrepreneurs in urban Atlantic Canada
Impact Atlantic
Last Update: March 4, 2026
Funding available
$ 25,000
Timeline
  • Open continuously
Location
Nova Scotia, Canada

Overview

Get a low-interest loan of up to $25,000 to start a business in St. John's, Halifax, Moncton, Saint John, Fredericton or Charlottetown.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop workforce skills
Eligible Funding
  • Maximum amount : 25,000 $
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • All industries
Location
  • Nova Scotia
Legal structures
  • All legal structures
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Youth (<40)
  • Startups

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

Impact Your Business Start-Up Loans support initiatives that facilitate the growth and development of small and medium-sized businesses in urban Atlantic Canada. The eligible projects include activities that focus on new business creation and expansion.

  • Start-up activities for new businesses initiated by entrepreneurs of all ages.
  • Business expansion projects for established owners aged 19 to 39 seeking growth financing.
  • Initiatives that may involve innovative or unconventional business ideas.
  • Participation in business skills development and training sessions offered by Impact.

Eligibility

Who is eligible?

Entrepreneurs of all ages can apply for business start-up loans, making this opportunity available to those just beginning their entrepreneurial journey. Additionally, for expansion financing, business owners aged between 19 and 39 are eligible to apply. The program is designed to support both new and established businesses in urban Atlantic Canada.

Eligible expenses

The Impact loan program aims to support entrepreneurial ventures and business growth in urban Atlantic Canada through financing and skill development opportunities. By providing low-interest loans and fostering business skills, these projects help entrepreneurs build successful and sustainable businesses.

  • Financing for start-up businesses in urban Atlantic Canada.
  • Expansion financing for existing businesses owned by individuals aged 19 to 39.
  • Access to business skills development sessions including marketing, HR, accounting, and planning.
  • Provision of flexible financing options for businesses with varying credit histories or unconventional business ideas.
  • Ongoing business support and advisory services for entrepreneurs.

Eligible geographic areas

This grant targets businesses operating within urban areas of Atlantic Canada, allowing them to innovate and grow effectively. Urban Atlantic Canada is specifically highlighted to foster business developments in these regions.

  • Urban areas in Newfoundland and Labrador.
  • Urban regions in Prince Edward Island.
  • Nova Scotia's urban centres.
  • Urban parts of New Brunswick.

Additional information

Here are additional relevant details for this grant:

  • Impact offers ongoing business support and advice beyond just financial assistance.
  • Training sessions cover various topics, aimed at enhancing business competencies.
  • The program is open to varied credit histories and unconventional business ideas.

Frequently Asked Questions about the Impact Your Business — Start-Up Loans Program

Here are answers to the most common questions about the Impact Your Business — Start-Up Loans. 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 Impact Your Business — Start-Up Loans?

Get a low-interest loan of up to $25,000 to start a business in St. John's, Halifax, Moncton, Saint John, Fredericton or Charlottetown.

How much funding can be received?

Impact Your Business — Start-Up Loans Funds up to $25,000 of admissible expenses.

Who is eligible for the Impact Your Business — Start-Up Loans program?

To be eligible for the Impact Your Business — Start-Up Loans program, you must: Entrepreneurs of all ages can apply for a business start-up loan. Established business owners between 19 and 39 can apply for expansion financing. Applicants must have a business in urban Atlantic Canada.

What expenses are eligible under Impact Your Business — Start-Up Loans?

Impact Your Business Start-Up Loans support initiatives that facilitate the growth and development of small and medium-sized businesses in urban Atlantic Canada. The eligible projects include activities that focus on new business creation and expansion. Start-up activities for new businesses initiated by entrepreneurs of all ages. Business expansion projects for established owners aged 19 to 39 seeking growth financing. Initiatives that may involve innovative or unconventional business ideas. Participation in business skills development and training sessions offered by Impact.

Where is the Impact Your Business — Start-Up Loans available?

The Impact Your Business — Start-Up Loans program is available the province of Nova Scotia.

Is the Impact Your Business — Start-Up Loans a grant, loan, or tax credit?

Impact Your Business — Start-Up Loans is a Loans and Capital investments

Who are the financial supporters of the Impact Your Business — Start-Up Loans?

Impact Your Business — Start-Up Loans is funded by Impact Atlantic

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