For unemployed individuals in Atlantic Canada who are considering starting their own business, the CBDC Self Employment Assistance program can provide crucial income stability and hands-on guidance during the early stages of self-employment. Rather than a traditional grant tied to project expenses, this program focuses on helping aspiring entrepreneurs transition from employment insurance or unemployment into running a viable business, without the immediate pressure of losing income support.
Delivered through local Community Business Development Corporations, the program allows participants who are currently receiving or who have recently received Employment Insurance to continue receiving income support while they work on launching their business. Those without active EI claims may still receive a weekly allowance set at a provincial rate. Alongside this financial support, participants gain access to one-on-one counselling, technical advice, and entrepreneurial coaching from a local Self-Employment Coordinator, who helps assess whether self-employment is a realistic and sustainable path.
The program is especially relevant for first-time entrepreneurs and startups across a wide range of industries, including individuals who may not be actively seeking traditional employment. Support levels and services can vary by province, and applications are handled locally, with programs generally ongoing throughout the year. For anyone exploring self-employment as a next step, reviewing the full details can help clarify how this program might support your business journey.
Was this guide helpful?
Rate it so we can improve our content.
Canada Proactive Disclosure Data
The Canadian government has funded over 400,000 businesses through 1.27 million grants and contributions. Check your eligibility in 60 seconds.