Indigenous Youth Entrepreneurs (IYE) Program - Micro-Loan
LoanNova Scotia$1,000 – $12,500
The Indigenous Youth Entrepreneurs (IYE) Program provides flexible micro-loans and non-repayable grants to Indigenous youth aged 19–39 in Atlantic Canada to start or grow their businesses. Loans up to $12,500 are paired with non-repayable grants covering up to 45% of project costs, with an 8% interest rate and flexible repayment terms including a 90-day payment grace period.
What you'll need
- Proof of Indigenous ancestry
- Business ownership documentation
- Net worth statement and personal budget
- Business overview and financing plan
- First-year cash flow projections
- Copies of permits, insurance, and licenses (if applicable)
- Market research, quotes, and resume