How much funding can be received?

Funds up to 20% of admissible expenses, capped at $25000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CAE Beauce-Chaudière — Financing for Young Entrepreneurs?

CAE Beauce-Chaudière — Financing for Young Entrepreneurs is funded by CAE Beauce-Chaudière

What are CAE Beauce-Chaudière — Financing for Young Entrepreneurs's eligibility criterias?

The business must be located in Beauce. The company must have 200 employees or fewer. The business must not pose a risk to competitors in the territory.

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

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.

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).

Presentation of the request Fill out the loan application form available on the CAE Beauce-Chaudière website.

Attach all necessary supporting documents.

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.

Apply to this program