SADC région de Coaticook Fonds d’investissement jeunesse (Youth Investment Fund)
$25,000.00
Loan
Description:
The Youth Investment Fund (Stratégie jeunesse) is intended to encourage young people ages 18 to 39 to start their own business.
Comments on Funding:
Funding is a loan ranging from $5,000 to $25,000:
– Personal Loan;
– Loan repayable over a maximum term of 7 years;
– Interest-free for the first 24 months;
– Management fee of 1% of the amount granted;
– Interest rate determined according to financial risk.
Continuous Intake
Eligibility:
Applicant must:
1. be young entrepreneurs;
2. be 18 to 39 years of age;
3. be seeking financing to start a business;
3. be located in the Coaticook MRC.
Application Steps:
Applicants must:
1. complete an online form;
2. seek an appointment with a business advisor.
Documentation Needed:
Applicants must provide:
1. a Business plan;
2. a Projected financial statements;
3. Other information as requested.
Other Things to Note:
About the author
Maurice
