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