Amount:
$20,000
Type of Program:
Grant & Loan
Description:
NADF and Futurpreneur Canada have partnered to launch a new program - the Aboriginal Youth Entrepreneurship Program (AYEP) - to support the establishment and growth of youth owned businesses in NADF's service area (Nishnawbe Aski Nation, Treaty 3, or Robinson-Superior 1850). With up to $20,000* in financial support and up to 2 years of expert mentoring, and access to resources, NADF and Futurpreneur are here to help Aboriginal youth bring their business idea to reality.
Comments on Funding:
Funding is up to $20,000, out of which:
Loan terms:
Matched with an expert mentor who will provide business advice, support and encouragement during the first 2 years of operation
When It Ends:
Ongoing
Deadline:
Rolling deadline
Eligibility:
Applicants must be Aboriginal youth (18-39 years, First Nations, Metis, or Inuit).
Project Eligibility:
Applications Steps:
Applicants must register on NADF - Futurpreneur Canada to be connected with a Futurpreneur Business Development Expert.
Approval for financing is also dependent on an applicant successfully meeting credit score minimums determined by Futurpreneur.
Documentation Needed:
Applicants must:
- 1produce a complete and viable business plan by the end of the application process;
- 2scomplete Futurpreneur Canada status updates every month;
- 3supply two personal references.