CBDC — Programme d'opportunités entrepreneuriales (POE) ### 📋 Eligible Entities - Individuals seeking to become self-employed or start a business in Newfoundland and Labrador - Current or prospective entrepreneurs who are Canadian citizens or permanent residents - Applicants must be residents of Newfoundland and Labrador - Individuals receiving or eligible to receive employment insurance (EI) or other designated government support programs - No minimum age requirement specified, though applicants should be able to legally operate a business ### 💰 Funding Details - Maximum Grant Amount: $5,000 CAD - Grant Type: Non-repayable financial assistance - Matching Requirements: Not specified in available description - Repayability: Non-repayable grant (funds do not need to be returned) - Disbursement: Funds provided to support business launch and operational startup needs ### 🛠️ Approved Expenses - Business plan development and refinement - Startup costs for self-employment ventures - Business advisory and consulting services - Entrepreneurship training and skill development - Professional business coaching and mentorship - Initial operational expenses for new businesses - Business planning workshops and educational resources ### ⚠️ Conditions & Milestones - Applicants must be eligible to receive or currently receiving designated government support (e.g., Employment Insurance) - Participants must engage with provided business coaching and advisory services - Completion of business plan development is required - Training and skills development program participation mandatory - Funds must be used for approved business startup and operational purposes only - Program administered through CBDC (Community Business Development Corporation) in Newfoundland and Labrador - Applicants must demonstrate commitment to becoming self-employed - No specific repayment timeline (non-repayable)