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Youth Strategy Fund

Funding for young entrepreneurs aged between 18 and 39

Personal loans

Minimum: 5,000$ / promoter
Maximum: 25,000$ / promoter


* Subject to fund availability
* Up to 2 promoters per business

 

Repayment - Principal and interest

Maximum 5 years. No interest for 2 years.


Eligible projects:

  • Startup
  • Succession/acquisition
  • Expansion
  • Modernization

Eligible sectors:

Primary sector

 

  • Agriculture (traditional and emerging)
  • Fishing
  • Forestry


Retail and service businesses

 

  • Personal services (example: senior residence)
  • Business services
  • Retail (examples: convenience store, stationery, etc.)

Manufacturing sector

 

  • Basic (examples: food, wood, printing, etc.)
  • Traditional (examples: textiles, clothing, metals, furniture, etc.)
  • Modern (examples: machinery, diverse industry, etc.)


Tertiary driving sector

 

  • Consulting engineering
  • Robotics and computing (examples: software design and manufacturing)
  • Recycling and environmental protection
  • Tourism

* No financial assistance will be granted to an individual or small business for projects that offer or are likely to offer sexually explicit performances, products, or services exploiting sex.

* No financial assistance will be granted to an individual or small business that does not comply with the environmental protection measures specific to the project, measures that meet the requirements of all relevant regulatory bodies.

Information :

Guy Masson

Director of Financial Services