Futurpreneur Canada Start-Up Program

Q: How much funding can be received?

There is no informations about how much funding can be received.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the Futurpreneur Canada Start-Up Program a grant, loan, or tax credit?

Futurpreneur Canada Start-Up Program is a Loans and Capital investments

Q: Who are the financial supporters of the Futurpreneur Canada Start-Up Program?

Futurpreneur Canada Start-Up Program is funded by Futurpreneur Canada

Q: Who is eligible for the Futurpreneur Canada Start-Up Program program?

To be eligible for the Futurpreneur Canada Start-Up Program program, you must: • Applicants must be entrepreneurs residing in Canada, aged between 18-39 years. • Applicants should be Canadian citizens or permanent residents.

Q: Who can I contact for more information about the Futurpreneur Canada Start-Up Program?

You can contact Futurpreneur Canada.

Q: Where is the Futurpreneur Canada Start-Up Program available?

The Futurpreneur Canada Start-Up Program program is available across Canada.

Q: Are startups eligible for the Futurpreneur Canada Start-Up Program program?

Yes, startups are eligible to apply for the Futurpreneur Canada Start-Up Program program.

Q: Are youth (under 40) eligible for the Futurpreneur Canada Start-Up Program program?

Yes, youth under 40 are eligible to apply for the Futurpreneur Canada Start-Up Program program.

Last Update: July 22, 2025

Canada

Financing for young entrepreneurs

At a glance

Eligible Funding

No Condition

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

Get a collateral-free loan of up to $60,000, along with 2 years of expert business mentoring to get your startup off the ground if you're 18–39 years old.

Financing terms and conditions

This program provides financing solutions tailored to the needs of young entrepreneurs in Canada, combining financial support with mentorship.

Offers financing to help start and grow small businesses for young Canadian entrepreneurs aged 18-39.
Includes an expert business mentor for up to two years to guide entrepreneurs.
Emphasizes readiness with complete business plans and cash flow forecasts for the available loan applications.

Activities funded

Futurpreneur Canada Start-Up Program provides support for various entrepreneurial activities by offering financing, mentorship, and resources tailored to young entrepreneurs in Canada. The program enables aspiring entrepreneurs to launch and develop their businesses in different segments, catering to diverse needs and communities.

Access to financing and mentorship for entrepreneurs with a business idea needing help getting started.
Specific support programs for Black and Indigenous entrepreneurs to address unique challenges.
Resources and mentorship for individuals looking to start a side hustle while managing other full-time responsibilities.
Guidance and support for acquiring existing small businesses through the #OwnersWanted program.
Workshops aimed at developing business ideas, plans, and understanding cash flows through the Rock My Business series.
Support for newcomer entrepreneurs to overcome barriers and successfully launch their business ventures in Canada.

Examples of admissible projects:

$ 60,000

Launching a boutique organic skincare line with in-store and online presence

$ 55,000

Establishing an eco-friendly cafe with a focus on sustainability and local sourcing

$ 35,000

Creating a mobile app development agency focused on small businesses

$ 45,000

Starting a financial literacy non-profit offering workshops and resources

$ 50,000

Setting up a tech startup to develop a health monitoring application

$ 55,000

Opening a co-working space for creative professionals offering workshops and networking events

Eligibility

Eligibility for this grant is determined by specific requirements related to the applicant's profile.

The applicant must be an entrepreneur residing in Canada, aged 18-39.
The applicant must be a citizen or permanent resident of Canada.

Who is eligible?

Futurpreneur offers its programs and resources to young entrepreneurs residing in Canada who are between the ages of 18 to 39 and are either citizens or permanent residents. These individuals can benefit from Futurpreneur's support in various stages of their entrepreneurial journey, whether they are exploring business ideas, starting a new venture, or growing an existing business. Special programs are available for Black, Indigenous, newcomer, and student entrepreneurs, among others.

Who is not eligible

There are specific types of companies that are not eligible for this grant:

Companies with founders outside the age range of 18-39
Companies with founders who are not citizens or permanent residents of Canada

Eligible expenses

Futurpreneur offers diverse programs to help various groups of entrepreneurs start and grow their businesses in Canada. These initiatives include financial support, mentorship, and resource access tailored to specific needs and communities.

Resources and mentorship for young entrepreneurs starting a new business.
Support programs for Black entrepreneurs to overcome business barriers.
Indigenous Entrepreneur Startup Program aimed at empowering Indigenous business owners.
Side Hustle initiative for turning part-time business ideas into profitable ventures.
Guidance for purchasing existing businesses through the #OwnersWanted program.
Workshops for business plan development, cash flow understanding, and business growth.
Newcomer Entrepreneur Support for overcoming unique challenges faced by immigrant entrepreneurs.
Opportunities for professionals to mentor aspiring entrepreneurs and support their journeys.
Special offerings for student entrepreneurs balancing education and business creation.
Support for launching non-profit organizations.

Eligible geographic areas

Eligible entrepreneurs for the Futurpreneur Canada Start-Up Program are individuals residing in Canada. The focus is on providing support across the nation to foster entrepreneurial growth.

All Canadian provinces and territories.
Entrepreneurs must be citizens or permanent residents of Canada.

Selection criteria

Futurpreneur has evaluation and selection criteria for its grants:

Applicants must be entrepreneurs residing in Canada, aged 18-39, who are citizens or permanent residents
Applicants must submit a complete business plan and cash flow statement for review
Applications will be assessed based on eligibility requirements, credit, and business plan review

How to apply

Register for an Offering

Reach out to Futurpreneur to express interest in one of their offerings.
Provide personal and business details to ensure you're registering for the right offering.

Share Draft Business Plan and Cash Flow

Submit your draft business plan and cash flow for initial review.
Receive assistance from Futurpreneur if you do not have these documents ready.

Submit Supporting Documents

Provide your complete business plan and cash flow statement.
Include business registration and identification documents.

Application Review

Futurpreneur reviews your application and documents to ensure eligibility.
If conditions are met, the application moves forward to approval.

Financing Approval and Mentorship Assignment

Receive approval for financing if you meet all required conditions.
Get matched with a Futurpreneur mentor for guidance.

Orientation and Completion

Meet your mentor and complete your orientation session.
Fulfill all conditions of approval to receive financing.

Launch Support

Access networking events and resources to assist in launching and growing your business.
Utilize mentor guidance up to the business launch.

Additional information

Here are additional relevant details for this grant:

The support includes a combination of financing and mentorship lasting up to two years.
Mentorship is provided by experienced entrepreneurs to help guide new business founders.
There are specialized programs tailored for Black and Indigenous entrepreneurs, as well as newcomers to Canada.
Futurpreneur also offers resources specifically designed for student entrepreneurs and those interested in starting non-profit organizations.

Apply to this program

Frequently Asked Questions about the Futurpreneur Canada Start-Up Program Program

Here are answers to the most common questions about the Futurpreneur Canada Start-Up Program. 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.