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OngoingFederalLoans

Futurpreneur Core Startup Program (also Black and Indigenous Entrepreneur Startup Programs)

Futurpreneur Canada with BDC

Up to $75K

A flexible, equity-free loan up to $75,000, including financing from BDC (Futurpreneur up to $25,000; BDC up to $50,000)

Equity-free start-up loan for entrepreneurs aged 18 to 39, with up to two years of one-to-one mentorship. Black and Indigenous streams offer tailored mentorship.

Open the official page ↗
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How to apply

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Who qualifies

Canadian citizen or permanent resident aged 18 to 39 at application; training or experience in the field; pre-startup or startup stage; not a contractor or agent for an existing business. Idea or R&D-phase businesses not yet eligible.

YouthSmall businessIndigenous

Good to know

  • Funding: Futurpreneur loan: RBC prime + 3% (capped at 9% when prime exceeds 6%), over five years, first year interest-only. BDC portion: floating base rate + 1.65%.
  • Notes: Search results indicated some Futurpreneur pages cite CIBC prime rather than RBC; confirm with Futurpreneur.

Evidence from the official page

  • amount“A flexible, equity-free loan up to $75,000*, including financing from BDC, to start or buy a business.” source ↗
  • eligibility“You must be between 18 and 39 years old when you submit your application.” source ↗

Verified 2026-10-07 · High confidence. Always confirm on the official page before applying.