Stratégie Jeunesse

📋 Eligible Entities - Young entrepreneurs aged 18 to 39 years old - Canadian citizens or permanent residents residing in Quebec - First-time business owners (new ventures) - Individual sole proprietors or partnerships between young entrepreneurs - Up to two young entrepreneurs can be financed under the same project ### 💰 Funding Details - Loan amount per individual: Up to $25,000 - Maximum combined loan (2 entrepreneurs): Up to $50,000 - Loan type: Government-backed loan (repayable) - Interest rate: Competitive rates determined by lender - Repayment terms: Standard business loan terms (typically 5-7 years) - No matching requirement stipulated in program description ### 🛠️ Approved Expenses - Startup costs for new business establishment - Equipment and machinery purchases - Inventory acquisition - Working capital needs - Professional services (legal, accounting setup) - Technology and software systems - Leasehold improvements and renovation - Initial marketing and business promotion ### ⚠️ Conditions & Milestones - Age requirement: Must be between 18 and 39 years old at application - Quebec residency: Must be residing in Quebec - Business location: Enterprise must be established in Quebec - Viable business plan: Credible startup plan and financial projections required - Personal investment: Applicant contribution may be required (subject to lender approval) - Loan approval process: Subject to lender assessment and credit evaluation - Repayment obligation: Full loan repayment required with interest - Single project: Two entrepreneurs can combine loans only if working on the same project