Futurpreneur Canada

$58,100,000.00 CAD

≈ $1.40 for every person in Canada ≈ 751 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: Futurpreneur Canada
Recipient country: Canada
Fiscal year: 2019-2020
Agreement period: August 1, 2019 – September 30, 2024
Reference: ic:033-2019-2020-Q2-512499

Published purpose

Futurpreneur will provide loans of up to $20,000 with flexible 3 to 5-year terms and support, including business planning and mentoring services, to young entrepreneurs between the ages of 18-39

In plain English AI-generated

Futurpreneur Canada receives $58.1 million to provide loans up to $20,000 with flexible terms, plus business planning and mentoring support, to young entrepreneurs aged 18-39 in Canada.

Category: Other Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions