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Source verified July 23, 2026
Futurpreneur
Financing and mentorship for young entrepreneurs
Latest source updateLast Update: April 26, 2026Latest change: Futurpreneur’s content now adds a cash flow template, expanded application guidance, and a detailed non-profit offering with eligibility details.View change
Latest source update
Last Update: April 26, 2026
Latest change: Futurpreneur’s content now adds a cash flow template, expanded application guidance, and a detailed non-profit offering with eligibility details.
Futurpreneur program details updated
Futurpreneur’s page now includes a dedicated cash flow template section with guidance on start-up costs, sales forecasts, and two-year cash flow planning. It also adds a more detailed non-profit offering, including eligibility notes, a 20% gross revenue requirement, and board approval or signing authority conditions. The update broadens the described program scope and adds more process detail for applicants preparing financial materials and reviewing the non-profit pathway.
Funding available
$ 5,000 - $ 75,000
Deadline
Open continuously
Location
Canada
Who can apply
Canadian citizens or permanent residents of Canada who physically reside in Canada and are between 18 and 39 years old.
See full eligibility
Overview
Futurpreneur supports Canadian entrepreneurs ages 18-39 with financing, mentorship, and resources to start or buy businesses across Canada at every stage. Programs also include options for side hustles, Black entrepreneurs, Indigenous entrepreneurs, newcomers, and non-profit founders.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Start a business
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 75,000 $
- Minimum amount : 5,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Newcomers to Canada
- Black Canadians
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting or buying a business.
- Growing a business.
- Starting or buying a side business.
- Launching a non-profit organization.
- Launching a new social enterprise.
Documents Needed
- Complete and viable business plan
- Cash flow
Official resources
Program guide
Eligibility
Who is eligible?
- Canadian citizens or permanent residents of Canada who physically reside in Canada and are between 18 and 39 years old.
- Black entrepreneurs.
- Indigenous entrepreneurs, including those on or off reserve.
- Newcomers to Canada who have lived in Canada for less than 60 months from the application processing date.
- Non-profit organization founders and entrepreneurs looking to start or buy a side business.
Who is not eligible
- Commercial activities where government funding would not be appropriate, including nightclubs, bars, lounges, cabarets, discotheques, festivals and events, or similar activities or establishments where the perceived reputational risk is not acceptable or where more than 49% of the revenue comes from the sale of liquor consumed on site.
- Gaming operations, including casinos, bingo halls, racetracks, gambling, slot machines, games (contests), and video arcades.
- Businesses that are inconsistent with generally accepted community standards of conduct and propriety.
Ineligible Costs and Activities
- Loan proceeds cannot be used to refinance existing debt.
Eligible geographic areas
- Canada
Selection criteria
The evaluation and selection criteria for projects under this grant are not explicitly stated in the given context and therefore cannot be accurately described.
How to apply
- Step 1: Registration and Initial Contact
- Reach out to Futurpreneur to register your interest in one of their offerings.
- Provide details about yourself and your business to ensure you are matched with the most suitable program.
- Step 2: Business Plan and Cash Flow Preparation
- Share your draft business plan and cash flow statements with Futurpreneur.
- If you do not have these documents, access support and resources provided by Futurpreneur to help you get started.
- Step 3: Review of Credit and Business Plan
- Futurpreneur reviews your credit information and business plan to ensure you meet their eligibility requirements.
- Step 4: Submission of Supporting Documents
- Submit your final business plan and cash flow statement, along with business registration and ID.
- Step 5: Complete Business Plan Submission
- Submit your complete business plan and cash flow documents for final review.
- Step 6: Application Review and Approval
- Your application will be reviewed to ensure all conditions are met.
- If successful, your financing will be approved, and you will be matched with a Futurpreneur mentor.
- Step 7: Orientation and Mentorship Introduction
- Meet your mentor and complete the orientation process.
- Step 8: Fulfillment of Conditions and Financing Release
- Once all approval conditions are fulfilled, you will receive your financing.
- Step 9: Ongoing Support and Networking
- Access guidance from your mentor up to your business launch.
- Participate in networking events and utilize resources to grow your business.
Processing and Agreement
- Credit and business plan are reviewed for eligibility.
- The application is reviewed and, if successful, financing is approved.
- The applicant is matched with a Futurpreneur mentor.
- The applicant completes orientation and approval conditions before receiving financing.
Additional information
- Free resources and tools are available at every stage of business development.
- Working with a mentor is one of the requirements of the program, and loan recipients are matched with a mentor.
Contacts
Frequently Asked Questions about the Futurpreneur Program
What is the Futurpreneur?
Futurpreneur supports Canadian entrepreneurs ages 18-39 with financing, mentorship, and resources to start or buy businesses across Canada at every stage. Programs also include options for side hustles, Black entrepreneurs, Indigenous entrepreneurs, newcomers, and non-profit founders.
How much funding can be received?
Futurpreneur Funds up to $75,000 of admissible expenses.
Who is eligible for the Futurpreneur program?
To be eligible for the Futurpreneur program, you must:
You must be a Canadian citizen or permanent resident of Canada and physically reside in Canada.
You must be between the ages of 18 and 39 at the time of application.
You must demonstrate some training or experience related to your business idea.
What expenses are eligible under Futurpreneur?
Starting or buying a business.
Growing a business.
Starting or buying a side business.
Launching a non-profit organization.
Launching a new social enterprise.
Who can I contact for more information about the Futurpreneur?
You can contact Futurpreneur Canada by email at info@futurpreneur.ca or by phone at 1-800-464-2923.
Where is the Futurpreneur available?
The Futurpreneur program is available across Canada.
Is the Futurpreneur a grant, loan, or tax credit?
Futurpreneur is a Loans and Capital investments