SADC de la Neigette Fonds Stratégie Jeunesse (Youth Strategy Fund)

Amount:

$25,000.00

Type:

Loan

Description:

SADC de la Neigette’s Youth Strategy Fund loan allows young entrepreneurs aged 18 to 39 to obtain a personal loan that can be used as a down payment for the start-up, acquisition, expansion or modernization of a business.

Comments on Funding:

Funding is a loan ranging from $5,000 and $25,000:
– 24-month interest leave;
– Possibility for two young entrepreneurs to benefit from a loan for the same project;
– Loan with a duration of up to 7 years.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be a promoter between 18 and 39 years old;
2. have companies located in the MRC of Rimouski-Neigette;
3. have entrepreneurial qualities;
4. demonstrate the profitability prospects, potential and repayment capacity of the company.

Application Steps:

For details about the application process, applicants must contact SADC de la Neigette through their online contact form, or through their Phone: (418) 723-2514.

Documentation Needed:

For details about the documentation requirements, applicants must contact SADC de la Neigette through their online contact form, or through their Phone: (418) 723-2514.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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