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CBDC Westmorland Albert Youth Loan

CBDC youth financing supports entrepreneurs ages 18 to 34 in the Moncton area with loans of up to $20,000.

About this program

CBDC's youth loan program helps young entrepreneurs start, expand, or modernize a business in rural and regional communities served by local CBDCs, including CBDC Westmorland Albert's Moncton-area territory. The program provides repayable financing and business counselling for applicants ages 18 to 34 who have viable business plans and need access to startup or growth capital.

Eligibility

Entrepreneurs ages 18 to 34 in the CBDC Westmorland Albert service area, including Moncton, may apply for eligible business startup, expansion, or modernization financing.

Requirements

  • Applicant must be between 18 and 34 years old.
  • Business must be located in the CBDC Westmorland Albert service area.
  • Applicant must provide a viable business plan or project plan.