grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • CAE Rive-Nord
grant_single|status
grant_card_status|open

grant_single_labels|preview

The CAE Rive-Nord Youth Strategy provides personal loans of up to $25,000 to support young entrepreneurs aged 18 to 39 in starting or expanding businesses within specific municipalities. The program aims to foster youth entrepreneurship by funding viable business projects that create jobs and contribute to local economic development.

grant_single_labels|terms_and_conditions

  • Personal loan ranging from $5,000 to $25,000 per eligible entrepreneur.
  • A maximum of two entrepreneurs from the same company may each receive a loan.

grant_single_labels|projects

  • Launching or expanding a business in the territories of Rivière-du-Nord, Argenteuil, or Mirabel RCMs, or the municipalities of Saint-Joseph-du-Lac, Oka, Saint-Placide, and Sainte-Anne-des-Plaines.
  • Developing and implementing a viable business plan by young entrepreneurs.
  • Creating new employment opportunities through business activities.
  • Operating a seasonal business that demonstrates profitability over at least six months.
grant_single|admissibleProjectsExample

$ 24,750

Opening a bubble tea shop catering to youth and families

$ 24,000

Expanding an artisanal chocolate production and retail space

$ 24,800

Expanding a seasonal eco-tourism kayak rental service

$ 23,000

Launching a digital marketing agency focused on local SMEs

$ 24,900

Launching a mobile bike repair and rental business for commuters

$ 25,000

Starting an urban vertical farming operation for leafy greens

grant_single_labels|admissibility

  • The business must operate in the territories of Rivière-du-Nord, Argenteuil, Mirabel RCMs, or the municipalities of Saint-Joseph-du-Lac, Oka, Saint-Placide, or Sainte-Anne-des-Plaines.
  • The entrepreneur must be the majority owner of the business or hold control via a shareholder agreement.
  • The project must demonstrate business viability with a comprehensive business plan.
  • Seasonal businesses are eligible if they can prove profitability over a minimum of six months.
  • The business must collaborate on a support plan during the first year and create net employment.

grant_eligibility_criteria|who_can_apply

  • Businesses operating within Rivière-du-Nord, Argenteuil, and Mirabel RCMs
  • Businesses located in the municipalities of Saint-Joseph-du-Lac, Oka, Saint-Placide, and Sainte-Anne-des-Plaines
  • Seasonal businesses (with profitable activity for at least six months)

grant_eligibility_criteria|zone

  • Rivière-du-Nord RCM
  • Argenteuil RCM
  • Mirabel RCM
  • Municipality of Saint-Joseph-du-Lac
  • Municipality of Oka
  • Municipality of Saint-Placide
  • Municipality of Sainte-Anne-des-Plaines

grant_single_labels|criteria

  • Demonstration of the company's viability through a complete business plan.
  • Collaboration in the development and monitoring of a support plan during the first year.
  • Ability to generate net new jobs.

grant_single_labels|apply

1
Confirm eligibility criteria
  • Be between 18 and 39 years old
  • Operate or plan to operate a business in Rivière-du-Nord, Argenteuil, Mirabel RCMs or in Saint-Joseph-du-Lac, Oka, Saint-Placide, Sainte-Anne-des-Plaines
2
Register for the program
  • Register for the Youth Strategy program
  • Provide required identification and information
3
Prepare a business plan
  • Prepare a detailed business plan demonstrating business viability
4
Demonstrate business ownership
  • Demonstrate majority ownership or control of the business
  • Ensure no more than two entrepreneurs per company apply
6
Collaborate on support plan
  • Collaborate in developing a support plan during the first year
7
Demonstrate job creation
  • Demonstrate that the business will create net employment

grant_single_labels|otherInfo

  • A maximum of two entrepreneurs from the same business can receive a loan under this program.
  • Entrepreneurs must collaborate on a support plan during the first year.
  • Seasonal businesses must be able to show profitability over at least six months to be eligible.

Apply to this program

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