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Financing - Youth entrepreneurs Loan

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The PRCDC Young Entrepreneur Program has been created to reduce the out-migration of young people towards urban centres. This program aims at supporting the young entrepreneurs from 18 to 35 years of age in the start-up, acquisition, expansion and modernization of their business. The Young Entrepreneur Program promotes the leadership of young people and the development of their social, cultural and economic engagement in our region.


FINANCIAL AND TECHNICAL SUPPORT

The loan is granted to the applicant personally: therefore it mandatory to use the funds in the form of permanent capital in the business.


Financial support

  • Loans between $5000 and $15.000;
  • Possibility of 24 months without interest;
  • Possibility of 24 months without capital reimbursement;
  • Possibility for a maximum of two young entrepreneurs to obtain a loan for the same project;
  • Maximum amortisation period of 5 years.

Technical support

Follow-ups of activities and support for the applicant in the implementation of a business plan.


How to apply 

BEFORE YOU BEGIN, downlaod the list of documents to submit with your application

Click HERE to download the printable version of the application

Click HERE to download the online version of the application 

APPENDIX

Appendix A - Finance Ratio (to download and submit with application)

Appendix B - Personal Finance ​(to download and submit with application)

Appendix C - Balance Sheet ​(to download and submit with application)
                            
 

If you have any questions, please contact:


Carl Lamarche, Business Development Officer or
John Candie, Executive Director