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Cape Breton CBDC Youth Loan

Cape Breton-area CBDCs offer youth entrepreneur loans of up to $20,000 for applicants ages 18 to 34.

About this program

CBDC's Youth Loan supports entrepreneurs ages 18 to 34 who are starting, expanding, or modernizing a business in communities served by local CBDCs. Cape Breton applicants can use the program to access repayable financing and business counselling for eligible startup and growth costs.

Eligibility

Entrepreneurs ages 18 to 34 in an eligible Cape Breton CBDC service area may apply for startup, expansion, or modernization financing.

Requirements

  • Applicant must be between 18 and 34 years old.
  • Business must be located in an eligible Cape Breton CBDC service area.
  • Applicant must provide a viable business plan or project plan.