Youth Strategy

📋 Eligible Entities - Young entrepreneurs aged 18 to 39 years old - Individual sole proprietors starting a new business - Up to two young people can apply jointly for the same business project - Must be planning to establish or have recently established a business in Quebec - Canadian citizens or permanent residents eligible to work in Canada ### 💰 Funding Details - Loan amount per individual: Up to $25,000 - Maximum total loan (2 entrepreneurs): Up to $50,000 - Structure: Loan-based funding (must be repaid) - Matching requirement: Not specified in program description - Repayment terms: Not detailed in this brief (contact lender for specifics) - Interest rates: Not specified in program description ### 🛠️ Approved Expenses The program description does not specify eligible expenses. Typical business startup loans generally cover: - Business equipment and tools - Initial inventory - Workplace setup and leasehold improvements - Professional services (accounting, legal) - Marketing and branding - Working capital - Technology and software (Confirm approved expense categories with program administrator) ### ⚠️ Conditions & Milestones - Age requirement: Applicant(s) must be between 18 and 39 years old at application - Location: Business must be established in Quebec - Joint applications: Two entrepreneurs can combine loans for a single project (maximum $50,000 total) - Loan repayment obligation: Funds must be repaid according to agreed terms - Status requirement: Must be a new or recently launched business - Additional conditions: Not detailed (consult with program administrator for business plan requirements, credit checks, or other approval criteria)