Ready for young entrepreneurs aged 18 to 39

Main features of financial assistance:

• Personal loan for business project (start-up, acquisition or expansion);
• Loan between $5,000 and $15,000;
• Interest-free loan for the first two years;
• Possible loan to up to two shareholders of the company, depending on eligibility criteria.

Eligibility criteria*:

• The contractor is aged between 18 and 39;
• The contractor intends to operate a business in the MRC of Maria-Chapdelaine;
• The contractor is a majority shareholder in the company, has control by shareholder or partner agreement and has decision-making authority;
• The contractor is able to demonstrate that there is a demand for its products and services and that the market is sufficient;
• The business project creates or maintains employment;
• The submitted project is consistent with CDIC policies;
• Other criteria apply. *

*Conditional on a positive analysis demonstrating project viability. Conditions and restrictions apply.*