This program is designed specifically for immigrant and newcomer entrepreneurs like you. It offers a range of resources to help you navigate the unique challenges of starting and growing a business in Alberta. With over five years of experience, our team provides one-on-one business advice and coaching, educational resources, and interactive workshops to ensure your success.

Why should you apply?

• Dedicated support: Receive personalized coaching from experienced professionals.
• Comprehensive resources: Access guidebooks, videos, and checklists tailored to your needs.
• Networking opportunities: Build connections with other immigrant entrepreneurs and local business support networks.

What’s in it for you?

• Financing information: Learn about funding options to support your business.
• Skill development: Improve your understanding of Canadian business practices through targeted training and workshops.
• Ease of qualification: The program is designed to be accessible, ensuring you can easily benefit from the support offered.

By joining this program, you will gain the tools and knowledge needed to thrive in the Canadian business landscape. Take advantage of this opportunity to grow your business with confidence and support.

Type of Financing: Grant

Eligible Expenses:

• Equipment purchases
• Leasehold improvements
• Marketing and advertising costs
• Business development and training
• Technology upgrades

Use of Funds:

• Funds can be used to cover the costs of purchasing new equipment, making improvements to leased spaces, and enhancing marketing efforts.
• Business development activities, such as training and workshops, are also eligible.
• Technology upgrades, including software and hardware, can be financed.

Restrictions on Use of Funds:

• Funds cannot be used for personal expenses.
• Funds cannot be used to pay off existing debts.
• Funds cannot be used for any expenses not directly related to the business.

Fees:

• There are no application fees.
• No ongoing fees are associated with this grant program.

This program is designed to help your business grow and succeed. You can receive up to $1,000,000 in funding. This money can be used for various purposes, such as:

• Buying equipment like commercial kitchen appliances or manufacturing machinery.
• Improving your rented space with renovations.
• Investing in technology like computers and IT infrastructure.

Additionally, you can get up to $150,000 for costs like software or other operational needs.

One of the major benefits is that the federal government guarantees 85% of the loan, giving you a significant safety net.

The program offers flexible repayment options. You can choose a variable interest rate, a fixed one, or a combination of both. You also have up to 15 years to repay the loan, making it easier to manage your finances.

This program is a great opportunity to invest in your business's future with substantial support and flexible terms.