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