CBDC Youth Entrepreneurship Development Initiative
Highlights
Hello,
If you're between 18 and 34 and have a business in Southwest New Brunswick, this program is tailor-made for you. Financial assistance is available to help you start or grow your business. It's a great way to get the funding you need without the hassle of traditional loans. Plus, the program is flexible, welcoming all sectors and legal structures.
What's in it for you? Along with funding, you'll receive business counselling and technical support. Imagine having a mentor to guide you through the ups and downs of entrepreneurship. This support can help you make smart decisions and avoid common pitfalls. The best part? It's easy to qualify, with no strict requirements on business size or revenue. This initiative is all about empowering young entrepreneurs like you to succeed.
Warm regards,
AAA Advisory
Financing Details
Grant: The program offers non-repayable grants. This means you do not have to pay back the funds you receive, allowing you to invest freely in your business without the burden of debt.
Eligible Expenses: The grant can be used towards a variety of business-related expenses. These include but are not limited to, start-up costs, marketing, and advertising, purchase of equipment, and operational expenses. This flexibility helps you allocate funds where they are most needed to support the growth and sustainability of your business.
Restrictions on Use of Funds: It's important to note that the funds cannot be used for personal expenses or non-business related activities. This ensures that the grant directly supports your business objectives.
Fees: There are no application or processing fees associated with this grant. This makes the program an even more attractive option as it minimizes the financial burden on your business.
Qualifications
- Age Requirement: Must be between 18 and 34 years old.
- Location: Business must be located in the CBDC Southwest service area, including the city of Fredericton, New Brunswick.
- Entrepreneurial Status: Open to both new and existing youth entrepreneurs.
Description
If you're between 18 and 34 and looking to start or grow your business in Southwest New Brunswick, this program is for you. Get financial assistance to help kickstart your entrepreneurial journey. Whether you're just starting out or looking to expand, this initiative offers the support you need.
You'll also receive business counselling and technical support. This means expert advice is available to guide you through the challenges of running a business. It's like having a mentor by your side, helping you make informed decisions.
The best part? There are no strict requirements on the size or revenue of your business. All sectors and legal structures are welcome. This program is designed to be flexible and inclusive, making it a great opportunity for young entrepreneurs like you.
Program Steps
Gather Required Documentation
Prepare the following documents for your application:- Business plan
- Proof of age (ID or birth certificate)
- Financial statements (if applicable)
- Tax documents (if applicable)
- Any relevant licenses or permits
Complete the Application Form
Fill out the application form with accurate information about your business and your entrepreneurial goals.Submit Your Application
Send your completed application form along with the required documentation to the designated program office.Attend an Interview (if required)
Be prepared for a possible interview where you can discuss your business plans and how the program can support you.Await Approval
After submission, wait for the program team to review your application and notify you of their decision.Receive Funding and Support
If approved, you will receive financial assistance and access to business counselling and technical support to help you succeed.
