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Futurpreneur - Canada
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Futurpreneur

Futurpreneur assists young entrepreneurs with resources and mentorship
Futurpreneur Canada
Last Update: March 4, 2026
Funding available
$ 5,000 - $ 60,000
Timeline
  • Open continuously
Location
Canada

Overview

Futurpreneur Canada offer collateral-free loans at better interest rates than most banks. We’re able to finance up to $20,000 per business. If you need more money, BDC may provide up to $40,000.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Reduce environmental footprint
  • 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
  • Public or Parapublic institution
  • For-profit business
  • Sole proprietorship
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.

Eligibility

Who is eligible?

  • Startups founded by young entrepreneurs (including side businesses)
  • Businesses founded by Black entrepreneurs
  • Businesses founded by Indigenous entrepreneurs
  • Businesses started by newcomer (immigrant) entrepreneurs
  • Non-profit organizations started by young 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

Eligible geographic areas

  • Entrepreneurs residing anywhere in Canada

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 Canada offer collateral-free loans at better interest rates than most banks. We’re able to finance up to $20,000 per business. If you need more money, BDC may provide up to $40,000.

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

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