Développement Vaudreuil-Soulanges — Futurpreneur Canada
QC, Canada
Support for young entrepreneurs through funding and mentorship
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Développement Vaudreuil-Soulanges
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grant_card_status|open
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The Développement Vaudreuil-Soulanges — Futurpreneur Canada program offers up to $60,000 in funding to support young entrepreneurs aged 18 to 39 in starting and growing their businesses. Eligible activities include business planning, resource access, and personalized mentorship over two years.
grant_single_labels|terms_and_conditions
This grant offers a comprehensive financing package to young entrepreneurs, enabling them to establish and grow their businesses efficiently. The modalities provide a structured approach to financial support and development.
- Funding of up to $60,000 is available, provided in collaboration with the Business Development Bank of Canada (BDC).
- The financing package includes a dual-phase mentorship program spanning two years, to guide recipients through business initiation and growth.
- Funds are designed to support innovative business ideas that demonstrate potential for sustainability and growth.
- Entrepreneurs receive access to customized business planning tools and resources to enhance operational strategy.
grant_single_labels|projects
This grant does not provide specific project or activity information; however, it generally supports young entrepreneurs in Quebec or Canada who are looking to establish viable new businesses. Participants can benefit from funding and mentorship to bolster their entrepreneurial journey.
grant_single|admissibleProjectsExample
$ 60,000
Open a new financial literacy center in the community
$ 80,000
Upgrade equipment for a local community kitchen
$ 100,000
Develop a sustainable farming initiative focusing on hydroponics
$ 30,000
Launch a community arts program for youth engagement
$ 50,000
Create a digital platform for local craftspeople to sell products
$ 350,000
Implement a renewable energy system for eco-friendly transportation
grant_single_labels|admissibility
Eligibility for this grant is determined by specific criteria related to the entrepreneur's profile and business status.
- The applicant must be between 18 to 39 years old.
- The applicant must be legally authorized to work in Canada, excluding those with a work permit.
- The business's viability must be demonstrated by submitting a complete business plan.
- The business must have been operational for less than 12 months.
- The applicant must reside in or operate their business in a location where the Futurpreneur program is offered.
- The applicant must possess relevant training or experience for the project.
- The applicant must commit to working with a mentor for a duration of two years.
- The business must create a sustainable full-time job for the applicant.
- The applicant must hold at least 51% of the voting shares in the business, if it is a partnership.
- The applicant must not be a full-time student.
- The loan must not be used for refinancing an existing debt.
grant_eligibility_criteria|who_can_apply
Individuals aged 18 to 39 who are legally authorized to work in Canada can apply for the Développement Vaudreuil-Soulanges — Futurpreneur Canada grant. Applicants must be starting a business or have been in operation for less than 12 months in a locality where the Futurpreneur program is available. They should have relevant training or experience in their project, hold at least 51% of the voting shares if in a partnership, and be committed to creating a full-time, sustainable job for themselves. Applicants must work with a mentor for two years, not be studying full-time, demonstrate business viability with a complete business plan, and ensure that the loan is not used for refinancing existing debt.
grant_single_labels|register
Here are the steps to apply for the Futurpreneur Canada grant through Développement Vaudreuil-Soulanges:
- Step 1: Contact Local Partner
- Identify your local partner, such as a development counselor from Développement Vaudreuil-Soulanges.
- Reach out to your local partner for detailed information and guidance on the application process.
- Step 2: Prepare Business Plan
- Develop a comprehensive business plan that demonstrates the viability of your business.
- Step 3: Collect Necessary Documentation
- Compile relevant documents that may be required, such as proof of age, proof of business location, and any pertinent qualifications or experience.
- Step 4: Application Submission
- Submit the completed application and all required documents through the method specified by your local partner or the official program website.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Futurpreneur Canada offers a unique mentorship program recognized internationally, providing two years of personalized business mentorship.
- They offer pre-launch support and resources through their entrepreneurs in residence to help transform business ideas into operational ventures.
- Business resources include an interactive business plan writer and various tools for effective business planning.
- Through a partnership with the Business Development Bank of Canada, they offer up to $60,000 in financing to eligible entrepreneurs.
- The continuous support program "Entrepairs" assists young entrepreneurs in planning, managing, and growing their business.
- Applicants need to contact a local partner or economic development advisor at Développement Vaudreuil-Soulanges for more details.
