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Futurpreneur Canada Start-Up Program
Financing and mentorship for young entrepreneurs
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Canada
Overview
Futurpreneur offers up to $75,000 in collateral-free financing for young entrepreneurs to start, buy, or grow a business across Canada. The program also includes mentorship, resources, and support for eligible business planning activities.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Varies by project
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)
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Children and Youth Organizations
- Diversity and Inclusion
Target groups
- Children & youth
- 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
- Starting a new business.
- Buying an existing business.
- Launching a side hustle.
- Developing a business plan and cash flow.
- Receiving mentorship and business support to launch and grow the business.
Documents Needed
- Draft business plan
- Cash flow forecast
- Final business plan and cash flow statement
- Business registration document
- Government-issued ID
Eligibility
Who is eligible?
- Young entrepreneurs in Canada.
- Black entrepreneurs.
- Indigenous entrepreneurs.
- Newcomer entrepreneurs.
- Student entrepreneurs.
Who is not eligible
- Applicants under 18 or over 39 years old.
- Businesses not registered or not operating in Canada.
- Businesses in excluded sectors such as gambling, adult content, financial services, or recreational tobacco and marijuana.
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.
Ineligible Costs and Activities
- Refinancing existing debt.
- Businesses involving gambling, adult content, recreational tobacco or marijuana, or unregulated health risks.
- Businesses involving financial services, money services, payment services, or cryptocurrency.
- Businesses involving illegal activities or trading in high-risk or proscribed countries.
Eligible geographic areas
- Canada
Processing and Agreement
- Applicants first register and share their business details with Futurpreneur.
- Draft business plan and cash flow are reviewed before the full application is completed.
- The full application is reviewed and, if approved, the applicant is matched with a mentor.
- The applicant completes orientation and all approval conditions before receiving financing.
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.
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.
What is the Futurpreneur Canada Start-Up Program?
Futurpreneur offers up to $75,000 in collateral-free financing for young entrepreneurs to start, buy, or grow a business across Canada. The program also includes mentorship, resources, and support for eligible business planning activities.
Who is eligible for the Futurpreneur Canada Start-Up Program program?
To be eligible for the Futurpreneur Canada Start-Up Program program, you must:
Canadian citizens or permanent residents in Canada
Age 18 to 39
Relevant training or experience
What expenses are eligible under Futurpreneur Canada Start-Up Program?
Starting a new business.
Buying an existing business.
Launching a side hustle.
Developing a business plan and cash flow.
Receiving mentorship and business support to launch and grow the business.
Where is the Futurpreneur Canada Start-Up Program available?
The Futurpreneur Canada Start-Up Program program is available across Canada.
Is the Futurpreneur Canada Start-Up Program a grant, loan, or tax credit?
Futurpreneur Canada Start-Up Program is a Loans and Capital investments
Who are the financial supporters of the Futurpreneur Canada Start-Up Program?
Futurpreneur Canada Start-Up Program is funded by Futurpreneur Canada