MMF Entrepreneurship Initiative: Youth Entrepreneurship Program (YEP)

By mmuise
Description:

MMF Entrepreneurship Initiative includes three financing programs that have been created to further strengthen Metis economic development and Metis entrepreneurship through increased support for small business and new business start-ups.
The Youth Entrepreneurship Program (YEP) provides financial and training supports to young entrepreneurs ages 18-29.


Comments on Funding:

YEP provides up to $25,000.00 in capital.
Funding takes the form of a non-repayable grant for up to 25% of the max. loan amount and a loan. Grant dollars are available for business related training or courses.

Loan terms and fees:
1. Flexible payment terms;
2. Terms up to 48 months;
3. Fixed rate: 4.0%;
4. Open Loan (no penalty for additional principal payments).

Deadline: Continuous Intake
Eligibility:

Applicants must be Metis youth 18-29 years of age in Manitoba.

Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise