MRC Beauce-Centre — Futurpreneur

Q: How much funding can be received?

MRC Beauce-Centre — Futurpreneur 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 Beauce-Centre — Futurpreneur a grant, loan, or tax credit?

MRC Beauce-Centre — Futurpreneur is a Loans and Capital investments

Q: Who are the financial supporters of the MRC Beauce-Centre — Futurpreneur?

MRC Beauce-Centre — Futurpreneur is funded by MRC Beauce-Centre

Q: Who is eligible for the MRC Beauce-Centre — Futurpreneur program?

To be eligible for the MRC Beauce-Centre — Futurpreneur program, you must: • The business must have been operating for less than 12 months. • The applicant must produce a business plan and financial forecasts demonstrating viability. • The project must create a full-time job.

Q: Who can I contact for more information about the MRC Beauce-Centre — Futurpreneur?

You can contact MRC Beauce-Centre.

Q: Where is the MRC Beauce-Centre — Futurpreneur available?

The MRC Beauce-Centre — Futurpreneur program is available the province of QC.

Q: Are startups eligible for the MRC Beauce-Centre — Futurpreneur program?

Yes, startups are eligible to apply for the MRC Beauce-Centre — Futurpreneur program.

Q: Are youth (under 40) eligible for the MRC Beauce-Centre — Futurpreneur program?

Yes, youth under 40 are eligible to apply for the MRC Beauce-Centre — Futurpreneur program.

Last Update: July 22, 2025

QC, Canada

Financing for young entrepreneurs with mentorship and BDC partnership

At a glance

Eligible Funding

From $5,000 to $60,000

Timeline

Unspecified

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Funds Providers

Unspecified

Program status

Open

Overview

Futurpreneur Canada offers young entrepreneurs aged 18 to 39 up to $60,000 in funding to start their business, with initial loans of $5,000 to $20,000 and potential additional financing from the Business Development Bank of Canada. This program is designed to support business viability through financial aid and mentorship, requiring the creation of a full-time job and a solid business plan.

Financing terms and conditions

This grant provides financial support to young entrepreneurs in the form of loans to facilitate the startup phase of their business. The program also offers additional support through partnerships to extend funding capabilities.

Loan amounts range from $5,000 to $20,000.
Additional funding of up to $40,000 may be available through a partnership with the Business Development Bank of Canada (BDC).
Principal payment holidays are offered for the first year.
The loan term is structured over a period of 5 years.
No securities or collateral are required to access the loan.

Activities funded

This grant helps young entrepreneurs aged 18 to 39 with financing to start their businesses, focusing on activities that include the creation of new enterprises and job generation. Eligible projects are primarily those that entail launching new business ventures.

Launching a new business enterprise.
Development of a feasible business plan demonstrating potential for sustainability and growth.

Eligibility

Eligibility for this grant is determined by specific criteria related to the business proposal and the applicant's background.

The business must have been in operation for less than 12 months.
A viable business plan and financial forecasts must be provided.
The business proposal must create at least one full-time job.
The applicant must be aged between 18 and 39 years.
The applicant should have relevant training for the proposed business.
The applicant must own more than 51% of the voting shares.
The applicant must commit to working with a mentor.

Who is eligible?

The grant targets young entrepreneurs aged 18 to 39 who wish to start a business in Canada. Interested applicants must meet specific criteria related to their business project and personal qualifications.

The business must be operational for less than 12 months.
Applicants must present a detailed business plan and financial projections demonstrating viability.
The project should facilitate the creation of at least one full-time job.
Applicants must hold more than 51% of the voting shares.
Commitment to work with a mentor is required.
Applicants should possess relevant training for the project.

How to apply

Verify Eligibility

Ensure you meet all age, business operation, and ownership criteria.
Confirm your willingness to engage with a mentor.

Develop Business Plan

Prepare a comprehensive business plan demonstrating viability.
Include financial forecasts and illustrate job creation.

Gather Required Documents

Collect all necessary documents like proof of identification, business registration, and any relevant certifications.

Register on Futurpreneur Platform

Create an account on Futurpreneur's portal to initiate the application process.

Complete the Application Form

Fill in the online application form with accurate information.
Attach the business plan and necessary documents.

Review and Submit Application

Thoroughly review your application to ensure accuracy and completeness.
Submit your application through the portal by the specified deadline.

Application Confirmation

Receive a confirmation email acknowledging receipt of your application.
Retain the confirmation for your records.

Additional information

Here are additional relevant details for this grant:

The combined loan limit with Futurpreneur and BDC funding can reach up to $60,000.
Futurpreneur Canada offers ongoing support through business resources in addition to financial aid.
Interest rates and specific repayment schedules will be outlined in the loan agreement.
Businesses from all sectors are considered, but the viability of the business plan is crucial.
The mentoring process is typically a two-year commitment.

Apply to this program

Frequently Asked Questions about the MRC Beauce-Centre — Futurpreneur Program

Here are answers to the most common questions about the MRC Beauce-Centre — 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.