Futurpreneur Canada Newcomer Program

Loan for young immigrant entrepreneurs

If you're new to Canada and are unsure about your credit, Futurpreneur can help you with support and resources. If you're a newcomer between the ages of 18-39, Futurpreneur can empower you on your entrepreneurial journey. A flexible startup business loan of up to $25,000, of that, $12,500 is financed by Futurpreneur and $12,500 is financed by BDC.

1. Review eligibility criteria to ensure you meet the program's requirements 2. Prepare a comprehensive business plan and cash flow projections 3. Gather necessary documentation, including a Social Insurance Number (SIN) that does not begin with "9" and two character-based references, one from a Canadian citizen 4. Create an account on the Futurpreneur application portal 5. Complete the application form with accurate personal and business information 6. Upload your business plan, cash flow projections, and supporting documents 7. Submit the completed application for review