Fonds jeunes promoteurs (JP) (Young Entrepreneurs Fund)

By mmuise
Description:

The Young Promoters Fund aims to help young entrepreneurs create or acquire a first business by offering them technical and financial support.


Comments on Funding:

Loan of $5,000 per promoter, maximum $10,000 per business.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be young entrepreneurs;
  • be at least 18 years old and at most 39 years old;
  • have experience or training relevant to the project;
  • commit to working full-time in the business;
  • hold at least 50% of the company's shares. In the case of a succession project, hold a minimum of 25% of the voting and participating shares;
  • rely on a business plan and financial forecasts demonstrating the viability of the project;
  • lead to the creation or maintenance of at least two permanent jobs;
  • make a down payment of at least 20%;
  • be established in MRC de Beauce-Sartigan.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise