Loan
Provincial
Between Intakes
SEED Student Entrepreneurship (New Brunswick) — Government of New Brunswick / WorkingNB / CBDC Restigouche
Government of New Brunswick / WorkingNB / CBDC Restigouche
Loan Range
Guaranteed interest-free loan of up to $3,000 per loan, not per...
Applications must be submitted no later than June 30th each year. The 2026 de...
Difficulty
Moderate
Payment
Loan
Trend
Stable
First-Timers
Friendly ✓
Financing share
Varies
SEED Student Entrepreneurship (New Brunswick) — Government of New Brunswick / WorkingNB / CBDC Restigouche provides up to Guaranteed interest-free loan of up to $3,000 per loan, not per person: a partnership is still only eligible for a maximum of $3,000. Up to one third of the loan value may be reimbursed if it is repaid in full by October 15th and all programme regulations have been met. SEED offers a guaranteed interest-free loan of up to $3,000 to New Brunswick students who start a summer business that operates full-time for at least six weeks between April 1 and Labour Day. Applications must be submitted no later than June 30th each year. The 2026 deadline has passed, so the programme is between intakes as of 2026-08-15..
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Eligibility & Details
What this program funds and who can apply
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Program Description
SEED offers a guaranteed interest-free loan of up to $3,000 to New Brunswick students who start a summer business that operates full-time for at least six weeks between April 1 and Labour Day. Up to one-third of the loan may be reimbursed if it is repaid in full by October 15. The program is currently between annual intakes after the June 30 deadline.
Eligibility Requirements
- Must have been a full-time student in the previous academic year and be returning to full-time studies in the fall
- Must be 16 or older with a social insurance number. Applicants under 18 need the signature of a guarantor acceptable to CBDC Restigouche
- Must have established New Brunswick residency or lived in the province during the last six months, and be returning to full-time studies in New Brunswick in the fall. Long-term New Brunswick residents remain eligible even if studying outside the province
- The business must operate in New Brunswick
- The business must operate full time, a minimum of 30 hours per week, for at least 6 weeks between April 1st and Labour Day Weekend, and must create at least one summer job for the applicant to work in
- An applicant may have only one Student Entrepreneurship loan outstanding at any time during a fiscal year, either as a sole proprietor or as a partner
- International students with a temporary off-campus work visa or permit and a 900-series social insurance number are eligible, and must present a copy of the visa or permit before evaluation begins
- In a partnership the students have equal share in ownership, each partner must complete a separate information form, and the partnership is still limited to one loan of $3,000
- A business operating on family-owned premises must demonstrate independence from the family-owned operation. An agricultural business, such as raising livestock or cash crops, must demonstrate a significant measure of independence from the farm it operates on
Provinces
Industries
Business Stage
Quick Assessment
Difficulty
Moderate
Competition
Moderate
First-Timer
Friendly
Funding Details
- Amount
- Guaranteed interest-free loan of up to $3,000 per loan, not per person: a partnership is still only eligible for a maximum of $3,000. Up to one third of the loan value may be reimbursed if it is repaid in full by October 15th and all programme regulations have been met.
- Type
- Loan
- Level
- Provincial
- Deadline
- Applications must be submitted no later than June 30th each year. The 2026 deadline has passed, so the programme is between intakes as of 2026-08-15.
Program Scorecard
Competition, effort, and approval at a glance
Competition
Moderate
Deadline
Between Intakes
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to qualify
Insider tips, common pitfalls, and what successful applicants look like
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Insider TipTwo things cost students money here.
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Rejection Pitfalls 9
- Not a full-time student in the previous academic year, or not returning to full-time studies in the fall
+8 more pitfalls
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Success Profile
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Evaluation Criteria
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All 9 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓
What's in this Playbook
Everything you need to secure SEED Student Entrepreneurship (New Brunswi...
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 9 rejection pitfalls reviewers flag — so you catch them first
- 6-document checklist with what each reviewer is actually checking
- Your Application Game Plan — the print-ready PDF the preview below describes
- 8-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 1-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what lenders look for
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Application Playbook
Step-by-step process, required documents, and expenses
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8 steps
6 docs
Application Steps
1
Check the student and residency tests You must have been a full-time student in the previous academic year and be returning to full-time studies in the fall, be 16 or older with a social insurance number, and have New Brunswick residency or have lived in the province in the last six months. Long-term New Brunswick residents remain eligible even if studying outside the province.
Required Documents 6
✓ Application form, from the Student Entrepreneurship Booklet
✓ Written project description attachment
Eligible Expenses 1
Deadline Notes
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Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
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1 partners
Compatible Programs
A second SEED Student Entrepreneurship loan
Combined Funding Potential
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Clawback Risk
Medium Risk
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How SEED Student Entrepreneurship (New Brunswi... Compares
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Frequently Asked Questions
Quick answers to the questions founders most often ask about SEED Student Entrepreneurship (New Brunswi...
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How much can I borrow?
Up to $3,000, interest free and guaranteed. The cap is per loan: a partnership is still only eligible for a maximum loan of $3,000.
How does the one third reimbursement work?
If the loan is repaid in full on or before October 15th, up to one third of its value may be reimbursed, provided all programme regulations and requirements have been met. On a full $3,000 loan that is up to $1,000.
Who is eligible?
Students who were full time in the previous academic year and are returning to full-time studies in the fall, aged 16 or over with a social insurance number, with New Brunswick residency or six months' residence in the province. The business must operate in New Brunswick. Long-term New Brunswick residents remain eligible even if they study outside the province.
Can international students apply?
Yes. International students with a temporary work visa or permit for off-campus work and a 900-series social insurance number are eligible, and a copy of the visa or permit must be presented before the evaluation process begins.
What kind of business qualifies?
Any original venture that will run full time, at least 30 hours a week, for a minimum of six weeks between April 1st and Labour Day Weekend, and create a summer job for you. Past recipients include retail shops, craftspeople, painting operations, computer companies and lawn care businesses.
I want to run it from the family farm. Is that allowed?
Only if you can show independence. Businesses operating on family-owned premises must demonstrate independence from the family-owned operation, and an agricultural business such as raising livestock or cash crops must demonstrate a significant measure of independence from the farm it operates on.
When is the deadline?
Applications must be made no later than June 30th. That date has passed for 2026, and the page does not publish a date for the next intake.
What do I have to do after I get the loan?
Submit proof within 30 days that business regulations such as registering your company name and buying insurance have been met, or the loan may be cancelled. Repay it immediately if you do not start in time to run the business for the required period. Repay by October 15 if you want the one third reimbursement, and submit a final income statement to your WorkingNB regional office before October 31st.
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Full Playbook: SEED Student Entrepreneurship (New Brunswi...
8 steps · 6 docs · reviewer insights