Futurpreneur Canada Newcomer Program
Are you a newcomer to Canada between the ages of 18 and 39, with a limited credit history? If so, you could apply for a $7,500 repayable loan to start a business.
This amount could be matched with a repayable loan from the BDC for a potential total of $15,000. If you are between the ages of 35 and 39, your application will be evaluated on a case-by-case basis.
To qualify, you must:
- Be a citizen or a permanent resident of Canada, for no longer than 5 years
- Have been in business for less than 1 year
- Agree to work with a mentor
Other conditions apply.