MRC Arthabaska — Futurpreneur Canada

Q: How much funding can be received?

MRC Arthabaska — Futurpreneur Canada Funds up to 60000% of admissible expenses.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the MRC Arthabaska — Futurpreneur Canada a grant, loan, or tax credit?

MRC Arthabaska — Futurpreneur Canada is a Partnering and Collaboration

Q: Who are the financial supporters of the MRC Arthabaska — Futurpreneur Canada?

MRC Arthabaska — Futurpreneur Canada is funded by MRC Arthabaska

Q: Who is eligible for the MRC Arthabaska — Futurpreneur Canada program?

To be eligible for the MRC Arthabaska — Futurpreneur Canada program, you must: • The applicant must be aged between 18 to 39 years. • Must be legally authorized to work in Canada (work permit holders are not eligible). • The business must have been in operation for less than 12 months.

Q: Who can I contact for more information about the MRC Arthabaska — Futurpreneur Canada?

You can contact MRC Arthabaska.

Q: Where is the MRC Arthabaska — Futurpreneur Canada available?

The MRC Arthabaska — Futurpreneur Canada program is available the province of QC.

Q: Are startups eligible for the MRC Arthabaska — Futurpreneur Canada program?

Yes, startups are eligible to apply for the MRC Arthabaska — Futurpreneur Canada program.

Q: Are youth (under 40) eligible for the MRC Arthabaska — Futurpreneur Canada program?

Yes, youth under 40 are eligible to apply for the MRC Arthabaska — Futurpreneur Canada program.

Last Update: July 22, 2025

Victoriaville, QC

Funding and mentorship for young entrepreneurs in Canada

At a glance

Eligible Funding

Max. $60,000

Timeline

Unspecified

Financing Type

Partnering and Collaboration

Grant and Funding

Expert Advice

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

Futurpreneur Canada's program offers up to $60,000 in funding to young entrepreneurs aged 18 to 39, providing resources to develop business plans, mentorship, and support to grow successful businesses. The program is designed to assist new businesses that have been operating for less than 12 months and requires entrepreneurs to engage in mandatory mentorship to ensure sustainability and success.

Financing terms and conditions

The MRC Arthabaska in partnership with Futurpreneur Canada provides substantial financial support aimed at empowering young entrepreneurs across Canada. This grant program is designed to facilitate business startups through considerable funding and supplementary resources.

Provision of up to $60,000 in startup funding per eligible entrepreneur.
A mandatory two-year mentorship program accompanying the loan provides world-class business mentorship.

Eligibility

Eligibility for this grant is determined by specific requirements related to the entrepreneur’s profile and business operations.

The applicant must be aged between 18 to 39 years.
The applicant must be legally authorized to work in Canada, excluding those with work permits.
The business must demonstrate viability through a complete business plan submission.
The business must have been operational for less than 12 months.
The applicant must reside in or operate the business in a locality that offers Futurpreneur Canada programs.
The applicant must possess relevant training and/or experience related to the project.
The applicant must commit to working with a mentor for two years.
The business must create a sustainable full-time job for the applicant.
The applicant must own at least 51% of voting shares and participate in the daily management of the business.
The loan must not be used for refinancing existing debts.

Who is eligible?

This grant is aimed at young entrepreneurs in Canada aged between 18 to 39 years who have a viable business idea. Applicants must be legally authorized to work in Canada and meet specific criteria, including demonstrating the business's viability through a complete business plan, operating for less than 12 months, residing or operating within areas where Futurpreneur programs are available, and committing to work with a mentor for two years.

Eligible geographic areas

This grant is specifically offered in the regions associated with the Corporation de développement économique de Victoriaville et sa région (CDEVR). The support focuses on these targeted areas to foster local entrepreneurship.

Companies based in Victoriaville and its surrounding regions.

How to apply

Verify Eligibility

Ensure you meet all eligibility criteria such as age, business stage, and location.

Business Plan Preparation

Develop a comprehensive business plan demonstrating the viability of your business idea.
Include financial projections, marketing strategy, and operational plans.

Register and Apply

Visit the Futurpreneur Canada website to create an account or log in.
Complete the application form with necessary business details and personal information.
Attach your business plan and any relevant supporting documents.

Mentorship Agreement

Agree to the terms of the mandatory mentorship program.
Select any preference for mentorship match (if available).

Submission

Review the application for any errors or missing information.
Submit the application through the online portal.

Receive Confirmation

Receive a confirmation email acknowledging receipt of your application.
Keep the confirmation for your records and follow up if needed.

Additional information

Here are additional relevant details for this grant:

Futurpreneur Canada offers a mandatory world-class mentorship program as part of the financing package.
Mentorship lasts for two years, providing guidance to enhance business success rates during the start-up phase.
Mentors are experienced business professionals who are matched individually with entrepreneurs based on mentorship suitability.
The loan should not be used for existing debt refinancing, ensuring funds are allocated strictly to new business development or expansion efforts.

Apply to this program

Frequently Asked Questions about the MRC Arthabaska — Futurpreneur Canada Program

Here are answers to the most common questions about the MRC Arthabaska — Futurpreneur Canada. 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.