Small Business Resources for Newcomer Entrepreneurs 

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Newcomer entrepreneurs are a vital part of Alberta’s economy, bringing fresh perspectives, innovative ideas, and diverse cultural heritage to Alberta. Starting and growing a business as a newcomer to Canada can feel like a daunting task, but the good news is that there are a wealth of resources designed to support you every step of the way. From grants and funding opportunities to mentorship and community programs, there’s no shortage of ways to get the guidance and financial support you need. This blog will walk you through various funding options, programs, and resources that are tailored to immigrant entrepreneurs in Alberta, helping you make informed decisions and set your business up for success. Let’s dive into the opportunities available to you and how Business Link can help you navigate them. 

Grants and Funding Opportunities 

Access to funding is a common stress for many entrepreneurs, but there are grants and programs designed specifically for Newcomer entrepreneurs. 

  • BDC Newcomer Entrepreneur Loan: To qualify, applicants must be immigrants to Canada who have been operating their business for at least 12 months, generated revenue, and hold permanent resident or protected person status. They should also have a viable business plan and seek funding between $25,000 and $50,000 to grow their company.  
  • FACE Coalition: Black entrepreneurs can access loans up to $250,000 to help grow their businesses, along with guidance and support. 
  • Alberta Innovates: While not specifically for immigrants, Alberta Innovates offers a variety of funding programs to support business growth in the province.  
  • Business Benefits Finder: A great resource that helps Newcomer entrepreneurs to discover personalized funding, tax credits, loans, and expert advice tailored to their unique needs and goals.  
  • Community Futures: Focused on rural Canadians, Community Futures offers financial support to entrepreneurs looking to start or grow their businesses in these regions.  

When applying for funding, be sure to review eligibility criteria and prepare a clear business plan. Check out our How to Prepare to Apply for Funding blog for tips and tricks. 

Business Support Programs 

Support for entrepreneurs extends beyond funding. Alberta is home to several organizations that offer mentorship, training and other resources tailored to newcomer entrepreneurs. 

  • Business Link: No matter where you are in your entrepreneurial journey, Business Link offers free resources and support, including one-on-one business advice, educational materials, videos, interactive workshops, events, and webinars.  
  • Newcomer Centre: Located in Edmonton, the Newcomer Centre supports individuals settling in the area with services like English language lessons and employment assistance. 
  • Care for Newcomers: Located in Red Deer, this organization assists newcomers in Central Alberta with resources, education, and support to help them settle and thrive in Canada. 
  • Center for Newcomers: Offering free services and programs to immigrants in Calgary, including settlement assistance, language training, and job support. 
  • Calgary Immigrant Women’s Association (CIWA): CIWA offers the Immigrant Women’s Business Circles program, providing business development training, mentorship, and resources to help immigrant women start, manage, and grow their businesses. 

These organizations can provide guidance, mentorship, and community connections to help you succeed in your entrepreneurial journey. 

Training and Networking Opportunities for Newcomers: 

  • Edmonton Chamber of Commerce: Participate in advocacy, education, and networking events where you can hear from local, national, and international leaders. These events offer a chance to expand your network and gain insights into matters affecting your business. 
  • Calgary Chamber of Commerce: Network, learn, and celebrate with the Calgary Chamber at signature events like Business After Hours, political keynotes, informative panel discussions, and more, all designed to help you connect with Calgary’s local business community. 
  • Eventbrite: Whether you’re in Calgary, Edmonton, or another part of Alberta, Eventbrite offers a wealth of networking opportunities across industries. With hundreds of events listed, you’re sure to find opportunities that align with your business goals. 
  • Futurpreneur – Rock My Business Workshop: This three-part workshop series equips you with the tools and knowledge to refine your business idea, formalize your business plan, and create a viable cash flow strategy.  

Attending these events not only boosts your business skills but also helps expand your support network, connecting you with like-minded entrepreneurs and industry experts. 

Partner Organizations and Resources: 

Alberta is home to numerous organizations offering support, guidance, and resources to newcomer entrepreneurs, helping them succeed in their business ventures and integration into their communities. 

  • Catholic Social Services: Providing settlement assistance for immigrants and refugees, along with counseling services focused on empowering individuals and families. 
  • Opportunity Alberta: This resource helps entrepreneurs understand how to start a business and live permanently in Alberta. 
  • Africa Centre: The Africa Centre works to create opportunities for the African-descent community, ensuring full participation in Alberta’s society and economy. 
  • Black Business Edmonton: A digital hub that promotes Black-owned businesses, SMEs, startups, and events in the Edmonton area. 
  • Edmonton Unlimited: Helping entrepreneurs from students to post-docs bring their ideas to life with support for research and business growth. 
  • Alberta Catalyzer: A program that helps new tech entrepreneurs in Alberta by giving them resources and guidance to succeed. 
  • AWE: Alberta Women Entrepreneurs provides resources, capital, and connections to help women entrepreneurs succeed in business. 
  • Latinas Entrepreneurs Alberta: A volunteer community organization dedicated to empowering Latinas on their entrepreneurial journeys in Alberta. 
  • Islamic Family: Supporting community flourishing through compassion, support, and advocacy services, including for immigrant families. 
  • Groupe 3737: A leader in creating impact wealth for ethnocultural communities, helping entrepreneurs from diverse backgrounds succeed. 
  • The Immigrant Education Society: Offering a range of programs to help newcomers find their place in Calgary through language training, employment support, and settlement services. 

These resources provide invaluable support and mentorship to help you successfully navigate your entrepreneurial journey in Alberta. 

Market Research for Newcomers: 

Canada and Alberta offer free research and data sources that can help newcomers in Alberta. 

  • Statistics Canada: This is Canada’s national statistics office. It provides important information about Canada’s economy, society, and environment to help people make informed decisions. 
  • Business Link – If you’re testing a new business idea or improving your business plan, we provide free market research services to help you. 

These sources can help you find the important data and research to help you make effective decisions in the Alberta and Canadian market. 

How Business Link Can Help 

Navigating all the resources available to newcomer entrepreneurs can be overwhelming, but you don’t have to do it alone. At Business Link, we’re here to guide you through every step of the process: 

  • Receive free, personalized consultations to help you develop a strong business plan. 
  • Get expert advice on applying for grants and funding. 
  • Connect with relevant workshops, mentors, and networks tailored to your business needs. 

Our team is dedicated to helping immigrant and newcomer entrepreneurs achieve their goals. Whether you’re just starting or looking to grow your business, the resources, support, and expertise are here to help you succeed. 

Take the first step toward turning your business vision into reality by booking a free consultation with a Business Link Advisor today. We’re here to help you every step of the way! 

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