Federal/Non-Profit
Futurpreneur Canada — Youth Entrepreneurship Funding — 2026 Guide
Futurpreneur Canada provides financing up to $60K for entrepreneurs aged 18–39, plus mentorship. Backed by BDC and federal government.
Futurpreneur Canada — Youth Business Funding Guide 2026
What Is Futurpreneur?
Futurpreneur Canada is a national non-profit backed by the federal government and BDC that provides financing and mentorship to young entrepreneurs aged 18–39. It's one of the best programs for young business owners in Canada because it combines startup capital with structured 2-year mentorship from experienced business professionals.
How Much Can You Get?
- Up to $20,000 from Futurpreneur (loan, not grant)
- Up to $40,000 from BDC as a complementary loan
- Total: up to $60,000 in startup financing
- Interest rate: prime + 3% (favorable for unsecured startup financing)
- 12-month interest-only period at start
What's Included Beyond Money
- Mandatory 2-year mentorship with a qualified business mentor
- Access to Futurpreneur's national network
- Business planning support and tools
- Connections to additional funding programs
Eligibility Requirements
- Age 18–39 at time of application
- Canadian citizen, permanent resident, or refugee claimant with work permit
- Business must be less than 12 months old (or not yet launched)
- Full-time commitment to the business required
- Business must be located in Canada
How to Apply
- Start your application at futurpreneur.ca
- Complete a business plan using Futurpreneur's template
- Prepare financial projections (12-24 months)
- Interview with a local Futurpreneur representative
- Get matched with a mentor
- Receive funding and begin your mentored business journey
Frequently Asked Questions
- What is Futurpreneur Canada?
- Futurpreneur provides up to $60,000 in startup financing (up to $20K from Futurpreneur + up to $40K from BDC) plus mandatory 2-year mentorship to Canadian entrepreneurs aged 18–39.
- Is Futurpreneur a grant or loan?
- Futurpreneur financing is a loan, not a grant. However, it offers below-market rates, a 12-month interest-only period, and is accessible to young entrepreneurs who wouldn't qualify for traditional bank loans.
- What age do you have to be for Futurpreneur?
- You must be between 18 and 39 years old at the time of application. Your business must be less than 12 months old and you must commit to running it full-time.
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