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MRC Témiscamingue — Youth Assistance Loan
Financing for young entrepreneurs in Témiscamingue
Last Update: April 9, 2026
Funding available
$ 5,000 - $ 25,000
Timeline
- Open Date : January 1, 2025
- Closing date : June 30, 2025
Location
Temiscaming, Abitibi-Témiscamingue, Quebec, Canada
Overview
This program offers financing from $5,000 to $25,000 for young entrepreneurs in Témiscamingue. It supports business start-up, acquisition, growth, and transfer projects, with a personal loan and a 24-month interest holiday.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 25,000 $
- Minimum amount : 5,000 $
Timeline
- Open Date : January 1, 2025
- Closing date : June 30, 2025
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
Location
- Témiscamingue
- Temiscaming
- Abitibi-Témiscamingue
- Quebec
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- Social economy enterprise
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- Children & youth
- Young adults
- Rural / Remote communities
- Business owners / entrepreneurs
- Nonprofits / charities
Revenue structures
- All structures
Scope
- Local
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up.
- Business acquisition.
- Business expansion.
- Business transfer or succession.
Eligibility
Who is eligible?
- Young entrepreneurs aged 18 to 39.
- Businesses involved in creation, acquisition, or expansion projects.
Who is not eligible
- Applicants outside the 18 to 39 age range.
Eligible expenses
- Down payment or equity contribution.
- Equipment, land, and building purchases.
- Working capital and business development needs.
Ineligible Costs and Activities
- Repayment of existing debts.
Eligible geographic areas
- Témiscamingue
Additional information
- Personal support is available for business planning, financial forecasts, and funding search.
- The financing is described as a complementary tool to conventional financial institutions.
- Several loan options are offered under the same financing page.
Frequently Asked Questions about the MRC Témiscamingue — Youth Assistance Loan Program
What is the MRC Témiscamingue — Youth Assistance Loan?
This program offers financing from $5,000 to $25,000 for young entrepreneurs in Témiscamingue. It supports business start-up, acquisition, growth, and transfer projects, with a personal loan and a 24-month interest holiday.
How much funding can be received?
MRC Témiscamingue — Youth Assistance Loan Funds up to $25,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was June 30, 2025.
Who is eligible for the MRC Témiscamingue — Youth Assistance Loan program?
To be eligible for the MRC Témiscamingue — Youth Assistance Loan program, you must:
Applicants aged 18 to 39.
Business creation, acquisition, or expansion.
At least 25% ownership for acquisitions.
What expenses are eligible under MRC Témiscamingue — Youth Assistance Loan?
Business start-up.
Business acquisition.
Business expansion.
Business transfer or succession.
Who can I contact for more information about the MRC Témiscamingue — Youth Assistance Loan?
You can contact MRC Témiscamingue (MRCT).
Where is the MRC Témiscamingue — Youth Assistance Loan available?
The MRC Témiscamingue — Youth Assistance Loan program is available Abitibi-Témiscamingue, Quebec.