Youth Strategy

Do you have what it takes to launch, acquire, or modernise a business? Are you between 18 and 35 years old? The Youth Strategy was designed with your needs in mind.

The Youth Strategy is:

  • A personal loan of between $5000 and $15,000.
  • A 24-month break from interest.
  • The opportunity for two young entrepreneurs to obtain a loan for the same project.

Eligibility criteria

  • The loan is granted to an entrepreneur for the acquisition, start-up, modernisation or expansion of his or her business.

Conditions

  • The long-term economic viability of the business must be examined
  • Applicants must demonstrate relevant knowledge of the sector
  • Applicants must be the principal shareholder in the business
  • The project must create or maintain sustainable employment.

Consult the Youth Strategy Fund for more details.