Futurpreneur Canada Core Entrepreneur Startup Program for Students

📋 Eligible Entities - Graduating students aged 18–39 years old - Canadian residents (must meet Futurpreneur Canada residency requirements) - Individuals with a viable business idea ready to launch - Sole proprietors and self-employed individuals - First-time entrepreneurs - Students from all academic disciplines and institutions Note: Non-profits, corporations, and established businesses are typically not eligible under this student-focused program. --- ### 💰 Funding Details - Maximum Loan Amount: Up to $75,000 - Loan Type: Flexible startup business loan (not a grant—must be repaid) - Interest Rate: Competitive rates (subject to creditworthiness and lender terms) - Repayment Terms: Flexible repayment schedules tailored to early-stage business cash flow - Collateral: May be required depending on loan amount and lender assessment - Additional Support: One-on-one mentorship, resource access, and networking opportunities included at no additional cost --- ### 🛠️ Approved Expenses - Equipment & Technology: Computers, machinery, software, and tools required for operations - Inventory: Initial stock and supplies for product-based businesses - Facility Costs: Lease deposits, renovations, and workspace setup - Professional Services: Legal, accounting, and business consulting fees - Marketing & Branding: Website development, signage, initial marketing campaigns - Working Capital: Operating expenses to sustain the business during early stages - Training & Development: Business skill-building and professional development courses Restrictions typically apply to personal expenses, debt repayment, and speculative investments. --- ### ⚠️ Conditions & Milestones - Business Plan Requirement: Submit a detailed, viable business plan for approval - Mentorship Participation: Mandatory one-on-one mentorship engagement throughout the program - Credit & Financial Assessment: Applicants undergo credit checks and financial viability review - Graduation Timing: Must be a graduating or recently graduated student (typically within 2 years of graduation) - Repayment Obligations: Full