CAE Beauce-Chaudière — Financing for Young Entrepreneurs - QC - Canada

CAE Beauce-Chaudière — Financing for Young Entrepreneurs

grant_single|update April 18, 2025
QC, Canada
Interest-free financing for young entrepreneurs' projects in Beauce

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • CAE Beauce-Chaudière
grant_single|status
grant_card_status|open

grant_single_labels|preview

The CAE Beauce-Chaudière — Financing for Young Entrepreneurs offers a no-interest personal loan of up to $25,000, supporting young entrepreneurs aged 18 to 39 in projects that enhance their business equity. Eligible activities include startups and successions, with specific equity contribution requirements.

grant_single_labels|terms_and_conditions

  • Personal loan of $25,000 per entrepreneur.
  • No interest for the first 24 months.
  • Maximum of 2 loans per business.
  • Option for a capital moratorium.
  • Maximum amortization period of 7 years.
  • Minimum equity contribution of 10% for business succession and 20% for startups.
  • Cannot be used to refinance existing debt.

grant_single_labels|projects

grant_single|admissibleProjectsExample

$ 100,000

Establishing a mobile health clinic for remote areas

$ 35,000

Developing a sustainable urban farming initiative

$ 150,000

Revamping a local cultural heritage site for tourism

$ 80,000

Launching a renewable energy startup focusing on solar

$ 60,000

Creating an inclusive arts program for marginalized youth

$ 50,000

Implementing a digital literacy program for seniors

grant_single_labels|admissibility

  • The entrepreneur must work full-time in their business (minimum 30 hours per week).
  • The entrepreneur must hold a majority decision-making power in the company.
  • CAE funding through the regular fund, equal to or greater than funding for youth strategy, must be part of the financial structure.
  • The business must not pose a risk to competitors in the territory.
  • The business must have 200 employees or fewer.
  • The loan cannot be used to refinance existing debt.

grant_eligibility_criteria|zone

  • Businesses located in Beauce.

grant_single_labels|apply

1
Eligibility Check Ensure that the contractor is between 18 and 39 years old.
  • Confirm that the company is located in Beauce.
  • Check that the company has 200 employees or fewer.
2
Preparation of the documentation Gather evidence of the minimum equity contribution (10% for the transfer and 20% for the startup).
  • Prepare documents demonstrating that the funding of the CAE through the regular fund is part of the financial structure.
  • Collect any documentation proving the full commitment of the entrepreneur to the business (minimum 30 hours per week).
3
Presentation of the request Fill out the loan application form available on the CAE Beauce-Chaudière website.
Attach all necessary supporting documents.
4
Submission of the application Submit the completed application to the CAE Beauce-Chaudière by the indicated method (online or paper).

grant_single_labels|otherInfo

  • The loan is designed to help increase the equity of young entrepreneurs, providing additional support for their ventures.
  • A capital moratorium is possible, allowing some flexibility in repayments.
  • The maximum amortization period for the loan is 7 years.

Apply to this program