Open
MRC Témiscamingue — Youth Strategy Loan
Financing for young entrepreneurs in Témiscamingue
Last Update: April 9, 2026
Funding available
$ 5,000 - $ 150,000
Timeline
- Open Date : June 1, 2024
- Closing date : June 1, 2032
Location
Temiscaming, Abitibi-Témiscamingue, Quebec, Canada
Overview
The program offers financing of up to $25,000 to support young entrepreneurs aged 18 to 39 in business start-up, acquisition, or expansion. It also supports the purchase of at least 25% of an existing business’s shares or parts.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Complete an acquisition or business transfer
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 150,000 $
- Minimum amount : 5,000 $
Timeline
- Open Date : June 1, 2024
- Closing date : June 1, 2032
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
Location
- Témiscamingue
- Temiscaming
- Abitibi-Témiscamingue
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Sole proprietorship
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Employment and Training
- Not Elsewhere Classified
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Local
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a business
- Acquiring an existing business
- Expanding a business
Eligibility
Who is eligible?
- Young entrepreneurs aged 18 to 39
- Businesses seeking start-up, acquisition, or expansion financing
Who is not eligible
- Businesses seeking financing to repay existing debts
Eligible expenses
- Working capital
- Equipment, land, and building purchases
- Down payment or equity contribution
Ineligible Costs and Activities
- Repayment of existing debts
Eligible geographic areas
- Témiscamingue
Processing and Agreement
- Applications are assessed against the program’s investment policy and evaluation criteria.
- Approval depends on the project’s financial and operational strength.
- Loan terms are confirmed before financing is released.
Additional information
- Personalized business support is available, including business plan development, financial forecasts, funding search, and referrals to specialized resources.
- The loan is part of a broader local financing offer from the SADC du Témiscamingue.
- A case opening fee of 1% of the loan amount applies, with a minimum of $100.
Contacts
Frequently Asked Questions about the MRC Témiscamingue — Youth Strategy Loan Program
Here are answers to the most common questions about the MRC Témiscamingue — Youth Strategy Loan. 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 MRC Témiscamingue — Youth Strategy Loan?
The program offers financing of up to $25,000 to support young entrepreneurs aged 18 to 39 in business start-up, acquisition, or expansion. It also supports the purchase of at least 25% of an existing business’s shares or parts.
How much funding can be received?
MRC Témiscamingue — Youth Strategy Loan Funds up to $150,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program is **June 1, 2032**. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the MRC Témiscamingue — Youth Strategy Loan program?
To be eligible for the MRC Témiscamingue — Youth Strategy Loan program, you must:
Age 18 to 39
Business start-up, acquisition, or expansion
Acquisition of at least 25% of a business
What expenses are eligible under MRC Témiscamingue — Youth Strategy Loan?
Starting a business
Acquiring an existing business
Expanding a business
Who can I contact for more information about the MRC Témiscamingue — Youth Strategy Loan?
You can contact MRC Témiscamingue by email at none or by phone at none.
Where is the MRC Témiscamingue — Youth Strategy Loan available?
The MRC Témiscamingue — Youth Strategy Loan program is available Abitibi-Témiscamingue, Quebec.