New agreement increases financial support for young entrepreneurs
Are you between the ages of 18 and 34 and looking to finance your business start-up? If so, read this.
The Business Development Bank of Canada and the Canadian Youth Business Foundation recently renewed their partnership and have increased the total financing available for young prospective business owners.
Under the new agreement, if the Canadian Youth Business Foundation approves you for financing, the Business Development Bank of Canada could double that amount. As Canadian Youth Business Foundation provides up to $15,000 to young entrepreneurs to start their businesses, this means that you could be eligible for up to $45,000 in financing to help you get started.
If you're looking for more information on this new agreement, check out the Business Development Bank of Canada's News Release from May 18, 2010 or visit the Canadian Youth Business Foundation's website.