Loan · repayable

BDC Newcomer Entrepreneur Loan

Government of Canada, Business Development Bank of Canada · Federal (all of Canada)

OpenGeneral
Funding
Loan up to $50,000
Borrow up to $50,000 — repayable, not a payout
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Loan · repayable
Company stage
Early Stage / Startup, SME
Limited to: Newcomer / Immigrant. Only applicants in this group can apply.

Overview

Loan of $25,000 to $50,000 plus expert advice for entrepreneurs who immigrated to Canada within the past 3 years to start their own business.

Who can apply

  • Must have immigrated to Canada within the past 3 years
  • in business for at least 12 months
  • have generated revenues
  • hold permanent resident or protected person status
  • have a viable business plan.
Not sure if you qualify?Book a call with SeedPort to see whether BDC Newcomer Entrepreneur Loan fits your company and what you would need to apply.
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What it can pay for

Business ExpansionAdvisory

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

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Last checked by SeedPort: Oct 15, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.