BBN Labs — Better Business Network

Youth Strategy

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Get up to $25,000 in repayable financing to launch or buy a business in Quebec if you are 39 or younger. This loan includes an interest holiday and a potential 2-year capital holiday, but remember it must be repaid.

Know a business owner this could help?

At a glance

Maximum supportUp to $25,000 per entrepreneur; up to $50,000 if financing two young people for the same project. Includes an interest holiday and the possibility of a capital holiday for 2 years.
Issued byRéseau des SADC et CAE
Administered bySADC and CAE organizations (local offices in Quebec)
RegionQuebec

Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.

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Is this for you?

  • You are 39 years old or younger.
  • You are based in Quebec and ready to work with a local SADC or CAE.
  • You are starting a new business or buying an existing one.

Probably not the right fit if

  • You are 40 years old or older.
  • You are located outside of Quebec.
  • You are looking for a grant or free money since this is a repayable loan.

How much you'd realistically get

Up to $25,000 for a single entrepreneur or up to $50,000 if financing two young people for the same project.

What may be supported

  • Starting a new business
  • Acquiring an existing business

How applying works

Effort: moderateYou must contact your local SADC or CAE office to initiate the application and provide business details.

  1. 01Locate your local SADC or CAE office using the online tool.
  2. 02Contact the office to discuss your eligibility and project.
  3. 03Prepare your business plan and financial projections.
  4. 04Submit your application through the local organization.
  5. 05Await assessment and confirmation of loan terms.

Who to ask: 418 658-1530, info@sadc-cae.ca, or contact your local SADC/CAE via https://www.sadc-cae.ca/en/find-your-sadc-and-cae/

Documents commonly required

  • Business plan
  • Financial projections
  • Proof of age (must be 39 or under)
  • Proof of Quebec residency or business location

What to know before you count on it

  • This is a loan, not a grant, so the principal must be repaid.
  • The interest holiday and 2-year capital holiday are specific benefits, but confirm on the official page for exact repayment schedules and any fees.
  • Eligibility is strictly limited to entrepreneurs aged 39 and under.
  • You must apply through a local SADC or CAE office in Quebec.

What are your odds?

Approval depends on your business plan and the assessment of your local SADC or CAE; there is no guarantee of funding.

Frequently asked questions

Is this money a grant or a loan?

It is a loan. You must repay the principal, though it includes an interest holiday and a potential 2-year capital holiday.

Who administers this program?

It is administered by SADC and CAE organizations in Quebec.

Can I apply if I am 40 years old?

No, you must be aged 39 and under.

How do I apply?

Contact your local SADC or CAE office using the 'Find your SADC or CAE' tool on their website.

What you can combine it with

This program can potentially be combined with other strategies like the Digital Financing Strategy or Green Financing Strategy, but confirm compatibility with your local advisor.

Worth reading before you apply

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Page last updated ; status and deadline checked . Source: official program page.