SADC Manicouagan Stratégie jeunesse (Youth Strategy)

Amount:

$25,000.00

Type:

Loan

Description:

SADC Manicouagan’s Youth Strategy Program is tailored for young entrepreneurs, aged 18 to 39, seeking financing to start a business in Côte-Nord region.

Comments on Funding:

Funding is a loan of up to $25,000:
– Interest rate: Bank of Canada’s preferred rate + 3.55%;
– 2-year interest moratorium;
-Management fee of 1% applicable upon loan disbursement;
– Maximum of 2 promoters per project.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be young entrepreneurs;
2. be 18 to 39 years of age;
3. be located in the service area of SADC Manicouagan.

Application Steps:

For details about the application process, applicants must contact SADC Manicouagan:
Phone: 418 295-7232
Email: solution@sadcmanic.ca.

Documentation Needed:

For details about the documentation requirements, applicants must contact SADC Manicouagan:
Phone: 418 295-7232
Email: solution@sadcmanic.ca.

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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