Self-Employment Benefit — Workforce Expansion
NB, Canada
Financing for New Brunswick business start-ups
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 09, 2024
grant_single|financingType
Grant and Funding
Partnering and Collaboration
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Government of New Brunswick
- Department of Post-Secondary Education, Training and Labour (NB)
grant_single|status
grant_card_status|open
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Get financial assistance at a provincially-established rate, as well as other types of support during the initial development phase of your business, including coaching and ongoing technical advice.
grant_single_labels|projects
This grant pertains to businesses located within the jurisdiction of the Government of New Brunswick. Eligibility is focused on supporting the economic development of this particular province.
- Companies situated within the province of New Brunswick, Canada.
grant_single|admissibleProjectsExample
$60,000
Fredericton
Develop a tech hub to support local startups
$130,000
Dieppe
Set up a recycling plant for electronic waste
$100,000
Bathurst
Create a mobile health clinic to serve remote communities
$45,000
Saint John
Launch an eco-friendly clothing line with locally sourced materials
$60,000
Miramichi
Establish a coding bootcamp to enhance local tech skills
$35,000
Moncton
Establish a community garden to provide affordable fresh produce
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed services.
- The applicant must be a legally registered business in New Brunswick.
- The business must provide evidence of service operations within New Brunswick.
- The applicant must demonstrate a need for financial assistance to enhance their service offerings.
- The business must be in good standing with the provincial regulatory bodies.
- The applicant must provide a comprehensive plan illustrating how the grant will facilitate service improvement and community impact.
grant_eligibility_criteria|zone
The grant covers eligible expenses that support the service-related project.
- Salaries and wages of employees directly involved in the project.
- Professional fees for outsourced services necessary for project delivery.
- Travel costs necessary for the implementation of the project.
- Materials and supplies specifically used for the project.
- Rent or lease of space strictly used for project activities.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Preliminary Assessment
- Check eligibility criteria specific to the New Brunswick services grant.
- Gather necessary information about your organization and project scope.
- Step 2: Registration
- Visit the Government of New Brunswick's grant application portal.
- Create a user account with your organizational details.
- Step 3: Application Preparation
- Complete an application form with organizational information and project details.
- Develop a detailed project proposal cover key objectives and expected outcomes.
- Prepare required supporting documents, such as financial statements, project plans, and letters of recommendation.
- Step 4: Application Submission
- Upload completed application form and all supporting documents onto the online portal.
- Review the submission for accuracy and completeness before sending.
- Submit the application through the portal by the specified deadline.
- Step 5: Acknowledgment
- Receive an acknowledgment email confirming receipt of your application with a reference number.
- Save the acknowledgment email for future reference and tracking.
Apply to this program
Enhancing Service Development Through Government Grants
The Government of New Brunswick offers grants to support the growth and development of service-based businesses and initiatives that contribute significantly to the provincial economy. These grants are designed to provide financial assistance to projects that strengthen service offerings, drive economic growth, and enhance community engagement.
In-Depth Insights on the New Brunswick Service Grants
The Government of New Brunswick recognizes the critical role that service industries play in the provincial economy and has established a grant program to support businesses and initiatives within this sector. The goal of the grant is to bolster business sustainability, expand service capabilities, and support innovation in service delivery. Funding is geared towards projects that demonstrate potential for economic impact, job creation, and improved community well-being.
Service grants in New Brunswick offer financial aid to a wide variety of service-oriented projects, including those that enhance customer experience, implement new technologies, or introduce novel service models. These grants are particularly valuable for small and medium enterprises (SMEs) seeking to scale their operations, enhance efficiency, or pivot towards more sustainable practices. The financial support from the government allows businesses to reduce operational risks and explore innovative ideas without bearing significant financial burdens.
An important focus of these grants is on supporting digital transformation and the integration of digital tools in service delivery. Projects that leverage technology to improve service efficiency, accessibility, and customer satisfaction are highly encouraged. This aligns with the broader governmental strategy of fostering a knowledge-based economy where digital skills and technologies drive economic progress.
Furthermore, these grants help stimulate collaboration between public and private sectors. By supporting partnerships across industries, the grants facilitate knowledge exchange, shared resources, and joint ventures that enrich the service sector landscape in New Brunswick. This collaborative approach not only enhances the quality of services offered but also strategically positions New Brunswick as a hub for innovative service solutions.
Applicants are expected to outline clear objectives, timelines, and anticipated outcomes for their projects. A successful application will detail how the project aligns with the strategic goals of improving service quality, competitiveness, and economic resilience. Therefore, applicants should be prepared to provide thorough documentation to demonstrate the feasibility and potential impact of their projects.
Ultimately, the goal of the grants is not only to provide immediate economic relief but also to invest in the long-term growth and development of New Brunswick's service industry. By fostering such projects, the government aims to build a robust economy characterized by diverse, high-quality service offerings that can attract investment and drive sustainable development across the region.
In conclusion, service grants from the Government of New Brunswick offer substantial opportunities for businesses to innovate, expand, and enhance their service delivery. By leveraging these grants, businesses can significantly contribute to a vibrant, resilient economy and a prosperous future for their communities and the province at large.
