Loans and Grants
Ignite offers funding opportunities for small businesses with funding provided by Atlantic Canadian Opportunities Agency, and the New Brunswick Government’s department of Post-Secondary Education, Training and Labour.
Information on the application process and the application forms can be found in the documents below.
Please note that if you are eligible for both the loan and the grant funding opportunities, you can apply for both on the same committee presentation which means you will only need to complete the 7-minute pitch once.
Impact Loan
Impact Loan
Ignite operates the Impact Loan program for entrepreneurs in the Greater Fredericton Region. The personal loan is between $5,000 and $25,000 in working capital for startups and expansion projects.
Visit Impact Atlantic for more information and how to apply.
The Impact Loan is only available to entrepreneurs located within the Greater Fredericton Region. Before you apply, please ensure you are within city limits.
Only available for Canadian Citizens and Permanent Residents.
Seed Grant Fund
Seed Grant Fund
Planet Hatch operates a Seed Grant Fund, funded by the Province of New Brunswick, for high-growth potential entrepreneurs in the Greater Fredericton Region. The non-repayable grant of up to $25,000 provides working capital for prototyping, product and client validation and market entry activities.
Limited funding is available on an annual basis. Entrepreneurs are encouraged to contact Business Startup Specialist, Oriana Cordido, at oriana@myignite.ca to assess their eligibility for the fund.
If you have any questions about the application process, please contact our Business Startup Specialist, Oriana Cordido, at oriana@myignite.ca