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CBDC Central PEI Youth Loan
CBDC Central PEI offers youth entrepreneur loans of up to $20,000 for applicants ages 18 to 34 in the Summerside area.
About this program
CBDC's Youth Loan helps entrepreneurs ages 18 to 34 start, expand, or modernize a business in communities served by CBDC Central PEI. The program combines repayable financing with local business counselling and is intended for young entrepreneurs with viable business plans who need access to startup or growth capital.
Eligibility
Entrepreneurs ages 18 to 34 in the CBDC Central PEI service area, including Summerside, may apply for startup, expansion, or modernization financing.
Requirements
- Applicant must be between 18 and 34 years old.
- Business must be located in the CBDC Central PEI service area.
- Applicant must provide a viable business plan or project plan.