Metro Business Opportunities offers flexible lending solutions for incorporated not-for-profits wanting to start or expand a social enterprise in St. John's or Mount Pearl.
Up to $50,000 available to non-profit organizations for social enterprise start-up or expansion costs.
Features: Low interest rates, flexible repayment terms, on going support, business skills development opportunities.
Eligibility: Incorporated non-profits
The Support program is designed to foster social enterprise within St. John's and Mount Pearl, allowing not-for-profit organizations to generate funds for their programs, support their core mandate, gain financial independence, and achieve their strategic goals through commerce. By offering important business skills development opportunities, Support ensures not-for-profit's build the in-house skills to manage a successful social enterprise.