Futurpreneur Canada Newcomer Program 

Futurpreneur Canada

Are you a newcomer to Canada between the ages of 18 and 35, 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.

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