Youth Strategy
QC, Canada
Start-up loan for young Quebec entrepreneurs
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|projects
There are eligible projects and activities for this grant:
- Youth entrepreneurship projects with a focus on starting a business or finding a job in the regions.
- Internships for individuals under the age of 30 looking for job opportunities in their field.
grant_single|admissibleProjectsExample
$25,000
Quebec City
Opening a youth entrepreneurship co-working space
$25,000
Montreal
Launching an eco-friendly fashion line
$25,000
Toronto
Establishing a digital marketing agency
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
Eligible types of companies for this grant include young entrepreneurs between the ages of 18 and 39 who are looking to start a business or find a job in their region. The grant offers personal loans of up to $25,000 per entrepreneur and the possibility of financing two young people for the same project, among other benefits.
- Youth entrepreneurs aged 18-39
- Companies looking to start a business or find a job in their region
- Potential for personal loans up to $25,000 per entrepreneur
- Opportunity to finance two young people for the same project, up to $50,000 total
- Other benefits include moratoriums on interest and potential capital repayment deferment
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant include but are not limited to:
- Startup costs for a new business
- Purchase of equipment and supplies
- Marketing and advertising expenses
- Salaries for new employees
- Rent or lease payments for a business location
- Professional fees for legal or financial services
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|register
- Step 1: Contact your local SADC or CAE
- Step 2: Discuss your business project and funding needs with them
- Step 3: Submit a detailed business plan and financial projections
- Step 4: Await review and approval of your grant application
- Step 5: Implement your project with the grant funds
Apply to this program
Youth Entrepreneurship Grant
Unlocking Opportunities for Young Entrepreneurs
The Youth Entrepreneurship Grant aims to empower young Canadians aged 18 to 39 to start thriving businesses in their regions. With personal loans of up to $25,000 per entrepreneur and the possibility to finance two individuals for the same project, aspiring business owners can turn their visions into reality.
By offering moratoriums on interest and the option for a two-year grace period on capital repayments, the grant supports over 9,000 young Quebecers in launching successful ventures. Through this initiative, more than 31,000 jobs have been created or preserved, contributing to the economic growth and sustainability of local communities.
Young entrepreneurs can seize internship opportunities within their SADC or CAE, gaining valuable experience in community projects and paving the way for future career success within their regions. Whether you're looking to kickstart a business or find a job that aligns with your passion, the Youth Entrepreneurship Grant offers a pathway to economic empowerment and sustainable growth for the next generation of Canadian innovators.
