Young Entrepreneurs

young entrepreneurs | Financind

Martin St-Louis and Véronique Ménard, Owners of Ferme Takwânaw

Are you an entrepreneur between 18 and 35 years old? The Youth Strategy Program was made for you!

This financing acts as a leverage which helps secure additional financing from traditional financial institutions.

Benefits of the loan

  • Personal loan between $5,000 and $25,000;
  • 24-months interest moratorium;
  • Amortization over 7 years;
  • Interest rate: preferential rate + 3%;
  • Flexible and penalty-free repayment terms;
  • Non-refundable contribution of $500 (50% of costs) accessible for training or development workshops;
  • Personalized follow-up;
  • Support and advice on business management;
  • Financing possible for all entrepreneurs that partnered on the business project.
Youth Strategy Program

Eligibility criteria

You must demonstrate that your business:

  • Is headquartered* on the territory served by the SADC Papineau Inc.;
  • Has economic development and viability potential;
  • Exhibits sound financial management;
  • Aims to create and/or maintain jobs

*The business’ main activities and jobs must be located on the territory of the SADC Papineau.

Objectives

  • Encourage the acquisition, start-up, expansion or modernization of a business by one or more young people;
  • Foster youth entrepreneurship and upgrade their social, cultural and economic engagement.

Consulting services

Professionals from the SADC Papineau help young developers to realize their entrepreneurship potential and coach them through the start-up or expansion phase of their business.

  • Coaching on preparation of financial projections;
  • Review of the business plan;
  • Validation of the business plan;
  • Personalized training to simplify bookkeeping;
  • Financial statement analysis;
  • Personalized business development support;
  • Development workshops tailored to the needs of the entrepreneurs.
Jasmine Bradbury-Klyman

Jasmine Bradbury-Klyman
Business Advisor
819 986-1747, extension 211
conseiller@sadcpapineau.ca

Youth Strategy Program
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