
Youth Strategy
QC, Canada
Start-up loan for young Quebec entrepreneurs
grant_single|update January 24, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
Wage Subsidies And Interns
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Réseau des SADC et CAE
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a loan of up to $25,000 to start a business in Quebec, and the possibility of financing two young people for the same project, for a total of $50,000 if you're an entrepreneur between the ages of 18 and 39.
grant_single_labels|terms_and_conditions
This grant offers financial support to young entrepreneurs in Quebec through accessible loan options, aimed at boosting youth entrepreneurship and regional economic development. The financing modalities include advantageous terms providing flexibility and support for new businesses.
- A personal loan of up to $25,000 per entrepreneur.
- Funding available for up to two young entrepreneurs per business, allowing a total potential funding of $50,000 for the same project.
- An interest holiday is offered, along with the possibility of a capital holiday for up to two years.
grant_single_labels|projects
The Youth Strategy program focuses on stimulating entrepreneurship among young people in Quebec. It offers financial assistance and support to help young individuals start or acquire businesses, encouraging regional retention and economic development.
- Providing financial assistance in the form of personal loans up to $25,000 per entrepreneur.
- Offering the possibility of financing two young entrepreneurs per business project, up to $50,000.
- Facilitating an interest and capital holiday for up to 2 years for young entrepreneurs.
grant_single|admissibleProjectsExample
$ 25,000
Opening a youth entrepreneurship co-working space
$ 25,000
Launching an eco-friendly fashion line
$ 25,000
Establishing a digital marketing agency
grant_single_labels|admissibility
Eligibility for this youth services grant is based on specific age requirements and regional focus.
- The applicant must be aged between 18 and 39 years old for entrepreneurship projects.
- The applicant must be under the age of 30 for internships.
- The project or job opportunity must be located in the applicant's region through an SADC or CAE.
grant_eligibility_criteria|who_can_apply
The grant is designed for youth aged 18 to 39 who are interested in starting a business or finding a job in the regions of Quebec through SADC and CAE support programs.
grant_eligibility_criteria|eligible_expenses
This grant supports projects that aim to empower young people in regional areas through entrepreneurship and employment opportunities. Eligible activities focus on business development, job creation, and targeted internships in various fields.
- Starting a business project in the regions for young entrepreneurs.
- Securing entrepreneurial funding for young individuals, with potential joint funding for collaborative projects.
- Providing internships in local communities for individuals under 30 to gain hands-on experience in their field of study.
grant_eligibility_criteria|zone
This grant is specifically available to young entrepreneurs aged 39 and under in certain regions. The SADC and CAE network deploys the Youth Strategy program in Quebec.
- Regions of Quebec covered by SADC and CAE.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant:
- Entrepreneurs must be between the ages of 18 and 39.
- Projects must show potential for creating jobs or maintaining employment.
- Potential for economic growth and sustainability.
- Clear business plan and vision.
- Feasibility of the proposed project.
grant_single_labels|apply
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- An emphasis is placed on encouraging youth to remain in or return to their regions to contribute to local economic development.
- The initiative includes creating or maintaining jobs specifically through the enterprise efforts of young entrepreneurs.
- Support is not limited to financing but also includes resources and guidance from local SADCs and CAEs.
- A flexibility is offered in loan repayment, including potential moratoriums which benefit young entrepreneurs starting their ventures.
Apply to this program
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