SADC de l’Amiante Stratégie Jeunesse (Youth Strategy)

Amount:

$25,000.00

Type:

Loan

Description:

This program is designed to provide financing in the form of a personal loan enabling the promoter aged 18 to 39 years (inclusive) to inject funds into their business to encourage the acquisition, startup, expansion, or modernization of a business by one or more young individuals.

Comments on Funding:

Funding is a loan of $5,000 to $25,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be young entrepreneurs;
2. be 18 to 39 years of age (inclusive);
3. be seeking funds for the acquisition, startup, expansion, or modernization of a business;
4. be the majority owner of the company, located in the territory of the MRC des Appalaches;
5. invest a minimum equity contribution of 20% of the project.

Application Steps:

For application details, applicants may contact @ Email: secretariat@sadcamiante.com; Phone: 418 338-4531 / Fax: 418 338-9256.

Documentation Needed:

No specific documentation has been identified.

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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