BDC Financing — Newcomer Entrepreneur Loan
Government of Canada, Business Development Bank of Canada
Overview
If you immigrated to Canada within the past 3 years, you can get between $25,000 to $50,000, along with expert advice, to start your own business.
At a glance
| Categories | loan |
|---|---|
| Funding | $25,000 – $50,000 |
| Status | Accepting applications |
| Region | ALL |
| Sectors | general |
Eligibility and requirements
You Have been in business for at least 12 months Have generated revenues Have a permanent resident or protected person status Have a viable business plan
How it works
Review the program website. Complete and submit the digital application form. A BDC representative will contact you to discuss your eligibility and financing options.
How Mona Studio helps business owners use this program
BDC Financing — Newcomer Entrepreneur Loan is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
Similar funding opportunities
- Aboriginal Entrepreneurship Program — Access to Capital — National Aboriginal Capital Corporation Association (NACCA)
- Advance Payments Program (Agriculture) — Government of Canada, Agriculture and Agri-Food Canada
- Agribusiness Financing — Government of Canada, Farm Credit Canada
- Baffin Business Development — Financial Assistance — Baffin Business Development Corporation
- BDC Capital — Growth Equity Partner — Government of Canada, Business Development Bank of Canada