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Self-Employment Benefit — Workforce Expansion - New Brunswick - Canada
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Record updated:

Self-Employment Benefit — Workforce Expansion

Financing for New Brunswick business start-ups
Deadline
Opened July 9, 2024
Location
New Brunswick, Canada

Overview

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.

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

At a glance

Funding available

Financing goals
  • Develop workforce skills
  • Start a business
Eligible Funding
  • Varies by project

Eligible candidates

Eligible Industries
  • All industries
Location
  • New Brunswick
Legal structures
  • Sole proprietorship
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Canadians
  • Startups

Next Steps

1
Determine your project

Availability timeline

2025
Periods: 1

Activities funded

  • Launching a new business to create self-employment opportunities for unemployed individuals.
  • Developing a comprehensive business plan with professional support and guidance.
  • Participating in business coaching and mentorship tailored to individual business needs.
  • Receiving ongoing technical advice during the initial phase of establishing a new business venture.

Sources and recorded changes

Record updated

A captured source change or record update does not confirm eligibility. Check the funder’s current rules before applying.

Official page

Self-Employment Benefit

Program guide

Self-Employment

Eligibility

Eligible expenses

  • Writing and development costs.
  • Creation of presentation materials.
  • Option fees for underlying rights.
  • Expert scriptwriting services, including head writer services.
  • Preliminary studies and research.
  • Animation services.
  • Travel expenses related to studies or meetings with national or international partner producers.
  • Printing and assembling costs for project materials.
  • Independent legal fees.
  • Producer fees.
  • Company overhead directly related to the project.

Eligible geographic areas

  • New Brunswick
  • Miramichi
  • Kent
  • Péninsule acadienne
  • Caraquet
  • Restigouche
  • Chaleur
  • Campbellton
  • Fredericton
  • Northwest New Brunswick
  • Edmundston
  • Southeast New Brunswick
  • Dieppe
  • Southwest New Brunswick
  • Saint John

Selection criteria

  • The applicant’s strengths and needs as analyzed by the Self-Employment Benefit Coordinator.
  • Assessment of whether self-employment is a viable option for the applicant.
  • Evaluation of the business plan by a committee according to provincially established program criteria.

How to apply

  • Step 1: Meet with Self-Employment Benefit Coordinator
    • Contact the local Self-Employment Benefit Coordinator in your area.
    • Attend a meeting to discuss your business idea and have your strengths and needs assessed.
    • Receive a recommendation on your suitability for self-employment.
  • Step 2: Prepare Application and Business Plan
    • If recommended, work with the Self-Employment Benefit Coordinator to complete the official application form.
    • Prepare a business plan outlining your proposed venture.
  • Step 3: Submit Application and Business Plan
    • Present your completed application and business plan to the review committee for evaluation according to program criteria.
  • Step 4: Await Approval Decision
    • Wait for written approval of your application from the Department.
  • Step 5: Sign Contract
    • If approved, sign the contract as per the Self-Employment Benefit Program requirements.
  • Step 6: Receive Letter of Offer
    • Receive an official Letter of Offer indicating acceptance into the program.

Additional information

  • Coaching support is customized to the unique needs of each participant, including topics such as business plan development, accounting, and marketing.
  • Program services are delivered in collaboration with non-profit, private, and/or public organizations in accordance with the New Brunswick Public Purchasing Act.
  • Applicants must not commence business operations before receiving formal written approval and signing a contract.
  • Official entry into the program is confirmed only upon receipt of a Letter of Offer from the Department.

Contacts

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Frequently Asked Questions about the Self-Employment Benefit — Workforce Expansion Program

What is the Self-Employment Benefit — Workforce Expansion?

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.

Who is eligible for the Self-Employment Benefit — Workforce Expansion program?

To be eligible for the Self-Employment Benefit — Workforce Expansion program, you must: The applicant and their business proposal must meet program criteria. The business must not be started before program approval and contract signing.

What expenses are eligible under Self-Employment Benefit — Workforce Expansion?

Writing and development costs. Creation of presentation materials. Option fees for underlying rights. Expert scriptwriting services, including head writer services. Preliminary studies and research. Animation services. Travel expenses related to studies or meetings with national or international partner producers. Printing and assembling costs for project materials. Independent legal fees. Producer fees. Company overhead directly related to the project.

Who can I contact for more information about the Self-Employment Benefit — Workforce Expansion?

You can contact Government of New Brunswick by email at PETLworkingNBMiramichi@gnb.ca.

Where is the Self-Employment Benefit — Workforce Expansion available?

The Self-Employment Benefit — Workforce Expansion program is available the province of New Brunswick.

Is the Self-Employment Benefit — Workforce Expansion a grant, loan, or tax credit?

Self-Employment Benefit — Workforce Expansion is a Grant and Funding

Who are the financial supporters of the Self-Employment Benefit — Workforce Expansion?

Self-Employment Benefit — Workforce Expansion is funded by Government of New Brunswick, Department of Post-Secondary Education, Training and Labour (NB)