How much funding can be received?

Funds up to 25000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CAE Rive-Nord — Youth strategy?

CAE Rive-Nord — Youth strategy is funded by CAE Rive-Nord

What are CAE Rive-Nord — Youth strategy's eligibility criterias?

Business must operate in Rivière-du-Nord, Argenteuil, Mirabel RCMs, or specified municipalities Entrepreneur(s) must be majority owner(s) or have control by shareholder agreement Must demonstrate business viability with a comprehensive plan

CAE Rive-Nord — Youth strategy

Last Update: May 16, 2025

QC, Canada

Loans for young entrepreneurs in Rivière-du-Nord and nearby areas

CAE Rive-Nord — Youth strategy at a glance

Eligible Funding

From 5,000 to 25,000

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

CAE Rive-Nord

Status

Open

Overview of the CAE Rive-Nord — Youth strategy program

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.

Financing 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.

Eligible projects & activities

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.

Examples of admissible projects:

$ 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

Eligibility criteria of the CAE Rive-Nord — Youth strategy program

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.

Who is eligible?

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)

Eligible geographic areas

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

Eligibility criteria of the CAE Rive-Nord — Youth strategy program

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.

How to apply to the CAE Rive-Nord — Youth strategy program

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

Register for the Youth Strategy program
Provide required identification and information

Prepare a business plan

Prepare a detailed business plan demonstrating business viability

Demonstrate business ownership

Demonstrate majority ownership or control of the business
Ensure no more than two entrepreneurs per company apply

Collaborate on support plan

Collaborate in developing a support plan during the first year

Demonstrate job creation

Demonstrate that the business will create net employment

Additional information

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.