Stratégie JEUNESSE (Youth Strategy Fund)
$25,000.00
In-Kind Support, Loan
Description:
Whether it’s to start up or grow your business, or to plan the success of an existing company, their personalized advice and flexible financing terms will propel your project to success!
Comments on Funding:
Funding takes the form of a personal loan of up to $25,000 per entrepreneur.
Loan terms:
1. The possibility of financing two young entrepreneurs for the same project: $50,000.
2. 2-year moratorium on interest and possible moratorium on repayment of principal.
3. Personalized follow-up for the duration of the loan.
Continuous Intake
Eligibility:
Applicants must:
1. be young entrepreneurs;
2. be between 18 and 39 years old;
3. be ready to start their own business;
4. be established in Quebec.
Application Steps:
Applicants must find their regional SADC and CAE
Documentation Needed:
For documentation requirements, contact their local or regional SADC and CAE.
Other Things to Note:
The Réseau des SADC et CAE is a network of 57 Community Futures Development Corporations (SADCs) and 10 Community Business Development Corporations (CAEs), not-for-profit organizations that have been working in economic development in the regions of Quebec for more than 40 years. Its 400 professionals and more than 600 passionate volunteers support projects and innovative businesses for prosperous communities. SADCs and CAEs help and finance over 10,000 businesses and over 1,500 local projects every year.
About the author
Maurice