Financing your new business
Entrepreneurs often report that getting financing is the most challenging aspect of starting a business. There are both government and private-sector sources of financing that you can tap into to get your business off the ground.
On this page:
The government provides financing to help entrepreneurs like you start a business. Some of this financing is targeted at specific demographic groups and industry sectors, and some of it is available to a wider audience. The financing includes grants and contributions (which generally do not have to be repaid), loans, and loan guarantees (which generally do have to be repaid).
- Aboriginal Business Development Fund (Ulnooweg Loan)
Find funding for Aboriginal people in Atlantic Canada to start, buy, grow or refinance a business.
- Aboriginal Business Development Program
Apply for financing to start or grow your Aboriginal business.
- Atlantic Association of Community Business Development Corporations
If you live in a rural region of Atlantic Canada, you can access business counselling, financing and training to help start or grow your business.
- BDC Buying a business
Find out how you may get financing to buy an existing business.
- BDC Capital
Access a wide range of specialized financing to match the various stages of your business' growth.
- BDC Financing for starting a business
Learn how you could get money to start or buy a business or to buy property or equipment to set up your business.
- BDC financing
You could get money to help you start or grow your business.
- BDC growth capital for aboriginal business
Find out how you could get money to help start or grow your Aboriginal business.
- Business Attraction Fund
Get a loan or equity investment to establish your company in Newfoundland and Labrador.
- Business Development Program
Access funds to start, expand or improve your business in Atlantic Canada.
- Canada Small Business Financing Program
Access funds for your small business with the help of this loan guarantee program.
- Canadian Agricultural Loans Act program
Find out how you could use this loan guarantee program to secure credit for your farming business.
- Community Business Development Corporations — Loans for Atlantic entrepreneurs
You could borrow up to $150,000 to start, grow, or modernize a business in a rural area of Atlantic Canada.
- Community Business Development Corporations— Social Enterprise Loan
Find out how you could get a loan of up to $150,000 to start-up, renovate or grow your social enterprise in rural Atlantic Canada.
- Direct Equity Tax Credit Program
Invest in a new or expanding small business in Newfoundland and Labrador and receive a provincial income tax credit.
- FACTOR funding for the recording industry
If you have a recording business or if you are a song-writer, composer or musician and record in English, you could get money for certain activities.
- Farm Credit Canada Products and Services
You could access capital for your farming or agri-business operation.
- Futurpreneur Canada Newcomer Program
If you are between the ages of 18 and 39 and have lived in Canada for less than 60 months you can apply for financing to start a business.
- Futurpreneur Canada Start-Up Program
Are you between 18 and 39 years old? If you are a Canadian resident with a good business idea, you could get $15,000 or more to start or run a business full-time.
- Grants for registered family child care homes
Thinking of starting a registered family child care home in Newfoundland and Labrador? You may be eligible for start-up grants and yearly supplements.
- Opportunities Fund for Persons with Disabilities
If you are a person with disabilities who wants to start a business or if you are an employer who would like to hire someone with a disability, you could qualify for funds.
- Prospectors Assistance
You could receive funding for mineral exploration activities and prospector training.
- Seed Capital Initiative
If you live in one of 5 major Atlantic cities, you could obtain a loan and training to start, grow or improve a small business.
- Self-Employment Assistance
If you are unemployed and want to create a job for yourself by starting your own business, you may be eligible for financial and entrepreneurial assistance.
- The Prince's Operation Entrepreneur
If you are a transitioning Canadian Forces member looking to establish a small business, this program could be for you.
You can also turn to the private sector for financing for your business. You can look to Canada's major financial institutions, such as banks, credit unions, and cooperatives. Depending on the type of business you want to start, you might also be able to secure venture capital or financing from angel investors.
- Sources of private sector financing
Find out about the debt and equity financing available from the private sector for your business needs.
- Date modified: