SADC Nicolet-Bécancour Prêt relève stratégie jeunesse (Youth Strategy Succession Loan)

Amount:

$25,000.00

Type:

Loan

Description:

SADC Nicolet-Bécancour’s Youth Strategy Succession Loan is available for entrepreneurs aged between 18 and 39 who wish to acquire a business.

Comments on Funding:

Funding is a a loan of up to $25,000:
– Interest leave for 2 years (24 months);
– Possibility of capital repayment holiday of up to 2 years (24 months);
– Maximum amortization period of 7 years.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be young entrepreneurs;
2. be between 18 and 39 years of age;
3. be seeking financing to acquire a business;
4. be from these sectors:
a) Agriculture,
b) Fishery and Aquaculture,
c) Manufacturing,
d) Environment,
e) Technology,
f) Tourism,
g) Retail,
h) Service.
5. be located within the service area of SADC Nicolet-Bécancour.

Application Steps:

For details about the application process, applicants must contact:
Guy Masson​
Director of Financial Services​
Email: gmasson@sadcnicoletbecancour.ca

Documentation Needed:

For details about the documentation requirements, applicants must contact:
Guy Masson​
Director of Financial Services​
Email: gmasson@sadcnicoletbecancour.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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