CAE Beauce-Chaudière — Financing for Young Entrepreneurs
Last Update: April 18, 2025
QC, Canada
Interest-free financing for young entrepreneurs' projects in Beauce
CAE Beauce-Chaudière — Financing for Young Entrepreneurs at a glance
Eligible Funding
- Max. $25,000
- Up to 20% of project cost
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- CAE Beauce-Chaudière
Status
Open
Overview of the CAE Beauce-Chaudière — Financing for Young Entrepreneurs program
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.
Financing 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.
Eligible projects & activities
Examples of admissible projects:
$ 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
Eligibility criteria of the CAE Beauce-Chaudière — Financing for Young Entrepreneurs program
- 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.
Eligible geographic areas
- Businesses located in Beauce.
How to apply to the CAE Beauce-Chaudière — Financing for Young Entrepreneurs program
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).
Additional information
- 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.