Open
Last Update: May 21, 2026
Funding available
$ 5,000 - $ 60,000
Timeline
- Open continuously
Location
Canada
Overview
Futurpreneur offers up to $75,000 in startup financing to help young entrepreneurs in Canada launch, buy, or grow a business with mentorship and resources. Eligible options include startup, side hustle, Indigenous, Black, newcomer, and non-profit offerings, as well as support for business acquisition.
/100
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 : 60,000 $
- Minimum amount : 5,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Newcomers to Canada
- Black Canadians
- Canadians
- Youth (<40)
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Business Associations
- Not Elsewhere Classified
- Children and Youth Organizations
- Diversity and Inclusion
Target groups
- Young adults
- Indigenous peoples
- New immigrants & refugees
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
- Minority groups
Revenue structures
- All structures
Scope
- National
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Launching a new business by young entrepreneurs.
- Starting or growing a part-time business (side hustle).
- Acquiring an existing small business.
- Launching or growing a non-profit organization.
- Business creation and development for Black, Indigenous, newcomer, and student entrepreneurs.
Documents Needed
- Draft business plan
- Cash flow statement
- Final business plan
- Business registration
- Government-issued ID
Eligibility
Who is eligible?
- Young entrepreneurs aged 18 to 39.
- Entrepreneurs residing in Canada.
- Canadian citizens or permanent residents.
- Black entrepreneurs.
- Indigenous entrepreneurs.
- Newcomer entrepreneurs.
- Students in their final year of studies.
- Non-profit founders.
Who is not eligible
Yes, there are specific types of companies that are not eligible for this grant:
- Companies with founders above the age of 39
- Companies with founders who are not citizens or permanent residents of Canada
Ineligible Costs and Activities
- Loan proceeds cannot be used to refinance existing debt.
Eligible geographic areas
- Canada
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
- Mentorship is provided for up to two years alongside financing.
- Free workshops are available both virtually and in-person, covering business ideation, planning, and cash flow.
- Opportunities exist to join a network of other entrepreneurs and mentors through events and workshops.
- Specialized support is available for Black, Indigenous, newcomer, and student entrepreneurs, as well as those interested in non-profits and side hustles.
Frequently Asked Questions about the Futurpreneur Program
Here are answers to the most common questions about the Futurpreneur. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Futurpreneur?
Futurpreneur offers up to $75,000 in startup financing to help young entrepreneurs in Canada launch, buy, or grow a business with mentorship and resources. Eligible options include startup, side hustle, Indigenous, Black, newcomer, and non-profit offerings, as well as support for business acquisition.
How much funding can be received?
Futurpreneur Funds up to $60,000 of admissible expenses.
Who is eligible for the Futurpreneur program?
To be eligible for the Futurpreneur program, you must:
Entrepreneurs must be aged 18-39
Applicants must be Canadian citizens or permanent residents
Business must be located in Canada
What expenses are eligible under Futurpreneur?
Launching a new business by young entrepreneurs.
Starting or growing a part-time business (side hustle).
Acquiring an existing small business.
Launching or growing a non-profit organization.
Business creation and development for Black, Indigenous, newcomer, and student entrepreneurs.
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
Who are the financial supporters of the Futurpreneur?
Futurpreneur is funded by Futurpreneur Canada