MMF Entrepreneurship Initiative: Youth Entrepreneurship Program (YEP)

By mmuise

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

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

Application Steps:


Documentation Needed:


Other Things to Note:


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