This program is tailored for women entrepreneurs like you, aiming to support your business at every stage—whether you're starting up, growing, or expanding into new markets. Why should you apply? Because it offers personalized consultations, bilingual support, and specialized services for Indigenous women entrepreneurs. This means you get expert advice and resources specifically designed to meet your unique needs.

What's in it for you? Access to a variety of programs including Consultant Advisory Services, webinars, and group training sessions. These resources can help you overcome challenges, build your skills, and connect with other businesswomen. Additionally, the International Peer-to-Peer Exchange Program allows you to forge valuable international partnerships, enhancing your market reach and business strategies.

How will being approved help you? You'll benefit from a network of experienced development officers and a community of like-minded women entrepreneurs. The program is designed to be accessible, making it easier for you to qualify and receive the support you need to succeed. Take advantage of this opportunity to grow your business with the backing of a dedicated team and comprehensive resources.

Type of Financing:

• Loan: The program offers loans to women entrepreneurs in New Brunswick to support their business ventures.

Repayment Terms and Interest Rates:

• Repayment Options: Borrowers can choose between floating rate with principal plus interest payments, floating rate with blended payments, or fixed rate with principal plus interest payments.
• Amortization Period: Up to 15 years to pay off the loan, applicable across various asset classes like real property, equipment, leasehold improvements, intangible assets, and working capital.

Eligible Expenses:

• Use of Funds: Entrepreneurs can borrow up to $1,000,000, with specific allocations for equipment, leasehold improvements, intangible assets, and working capital.

Ineligible Expenses:

• Restrictions: Funds cannot be used for certain expenses not related to the business growth or development.

Fees:

• Application Fee: A fee of $100 is required to apply for the loan.
• Administration Fee: An administration fee of 1.25% is included in the interest rate.
• Other Fees: Document preparation fee of $175 and a one-time Federal Government registration fee of 2% of the loan amount, which can be financed as part of the loan.

This program is designed to help women entrepreneurs in New Brunswick. It offers one-on-one support with business planning, getting financing, innovating, exporting, and more.

You can receive personalized consultations from experienced development officers. They provide bilingual support, whether your business is in a rural or urban area. The program focuses on three main areas: start-up, growth and expansion, and export. There is also dedicated support for Indigenous women entrepreneurs.

You can benefit from various services and training. The program includes Consultant Advisory Services, webinars, and group training sessions. It also promotes female entrepreneurship through projects like the Atlantic Canadian Women in Growth Partnership and the International Peer-to-Peer Exchange Program. These initiatives help you connect with other businesswomen, share best practices, and explore new markets.

To apply for the program, follow these steps:

1. Gather Required Documentation: Prepare the necessary documents to support your application. You will need:

• Business Plan
• Financial Statements
• Proof of Business Registration
• Identification Documents
• Any relevant licenses or permits

2. Contact a Development Officer: Reach out to one of the development officers listed below for personalized guidance:

• Katherine Lanteigne: (506) 546-2704, [email protected]
• Jana Allain Boudreau: (506) 329-1062, [email protected]
• Audrey Poitras: (506) 473-9775, [email protected]
• Stephanie Clark: (506) 789-3481, [email protected]
• Natasha Martin-Mitchell: (506) 444-5950 ext. 123, [email protected]

3. Complete the Application Form: Fill out the application form provided by the program. Ensure all fields are completed accurately.

4. Submit the Application: Send your completed application form and required documents to the appropriate contact. This can be done via email or through the program's online submission portal.

5. Attend a Consultation: Schedule a consultation with a development officer to discuss your application and any additional support you may need.

6. Review and Approval: Wait for the program team to review your application. They may contact you for further information or clarification.

7. Receive Program Benefits: Upon approval, you will receive the benefits and support offered by the program. This may include advisory services, training, and networking opportunities.

Following these steps will help ensure a smooth application process for the program.