BDC – New Canadian Entrepreneur Loan

Access up to $50,000 to start your company. With your new life in Canada, starting a business that you can call your own is an exciting prospect. But as a newcomer here with little or no credit history, where do you find the money to get your company off the ground? With a minimal personal investment in your business, BDC can provide the financing you need to launch your company and create your own success story. Benefits for your business include: Flexible repayment terms Financing designed for new Canadians Limited personal risk

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Jonathan MacNeil

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Futurpreneur Canada Newcomer Financing Program

If you’re new to Canada and don’t have a credit history, Futurpreneur Canada wants to help you launch your business. We provide tailored support and eligibility criteria to reflect your new status in Canada. Using character-based lending, our program for newcomers provides greater flexibility than most banks. But we can’t do it alone. We’re able to finance up to $7,500 per business. If you need more money, BDC may provide up to another $7,500. Eligibility requirements apply.

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Futurpreneur Canada Newcomer Mentoring Program

Futurpreneur Canada’s Newcomer offering includes participation in our 2 year industry-leading mentoring program. We’ll match you with a business professional to suit your needs and help increase your opportunity for success.

Business mentoring can help you:

Gain insight and perspective by having someone to bounce your ideas off of.
Identify opportunities and risks by learning from someone experienced.
Focus on and strategically work towards your business vision.
Grow your own business network and enhance your business acumen.
Shorten your learning curve.
Build confidence knowing you have someone in your corner.

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Innovacorp Start-Up Visa Program

The Start-Up Visa Program is intended to attract foreign entrepreneurs who wish to establish new, high-growth businesses in Canada that will support innovation and job creation. Innovacorp can recommend entrepreneurs to receive a start-up visa from Immigration, Refugees and Citizenship Canada under the business incubation stream. To be eligible, you must prove your business venture is supported by a designated organization; meet the language requirements; meet the ownership requirements; and have a sufficient settlement fund. Companies accepted into Innovacorp’s start-up visa business incubation program will receive incubation and business acceleration support for at least one year. Eligibility requirements apply.

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ISANS-Business Counselling

Your Business Counsellor provides one-on-one support before, during and after you open your business. Business counselling takes place at ISANS and continues at your place of business after start-up and during business growth. Your Business Counsellor helps you: Make informed decisions Identify available resources Build your professional networks Stay informed of business workshops and events Access free legal and/or accounting services if appropriate Create an action plan Connect with other business service providers, associations and organizations that can benefit you and your business Your Business Counsellor will also provide you with a copy of Connections – An Immigrant’s Guide to Starting a Business in Nova Scotia to help you understand business culture in Nova Scotia.

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ISANS-Business Workshops

ISANS has business workshops and seminars to help newcomers start and grow a successful business. To attend business training workshops, you must first: be a recent citizen, permanent resident or approved to immigrate register as an ISANS client meet with an ISANS business counsellor have a minimum CLB 5 Classes and workshops take place on-site at ISANS or online through our Online Learning website

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