# CBDC Immigrant Loan program     Pilot Project

**Type:** Grant
**Category:** Other Programs
**Funding Amount:** Up to CAD 20,000 CAD
**Eligible Regions:** New Brunswick; Newfoundland and Labrador; Nova Scotia; Prince Edward Island
**Official Source:** https://www.cbdc.ca/en/programs/immigrant-loan-program-pilot-project

## About This Program

Loans for new immigrants in Atlantic

## Details

Immigrant Loan Program    Loans of up to $20,000 for temporary residents, age 19 years and older, wishing to start a registered business in our area (Cape Breton Regional Municipality);  Access to training, advisory and consulting services;  Seasonal and part-time businesses are acceptable;  Most sectors are eligible; and  Fixed interest will be charged at prime rate plus 3%.

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