Side hustle program

Our Side Hustle Program offers you up to $15,000 in financing to help you launch or grow your side business and keep your full-time job. As well, you can benefit from mentoring and business planning tools to help you grow your side hustle and take it to the next level.

Sign up for more information

Launch or grow your side hustle without quitting your job

One-in-three working Canadians are managing their own side business.

Whether you’re an established side hustler or looking to launch a new side business, Futurpreneur can help you reach your goals.

Grow your side business at your own pace with the Futurpreneur Side Hustle program. Our program offers collateral-free loans of up to $15,000 and pairs you up with a dedicated mentor, offering tailored support and guidance.

Sign up to connect with your dedicated Futurpreneur team member in your city and get started on your entrepreneurship journey.

“Thanks to the invaluable support from Futurpreneur, I was able to turn my dream of introducing our first product, the LOTUS weighted blanket to store shelves into a reality. The collateral-free loan and mentorship provided by Futurpreneur enabled me to leverage the $15,000 side hustle loan and transform it into a flourishing million-dollar sleep company.”

Jon Piett, founder of LOTUS Sleep Products.

As featured in

Our offering

Whether you’re an established side hustler or looking to launch a new side business, Futurpreneur can help you reach your goals.

Inclusive financing

A flexible startup business loan of up to $15,000* *some conditions apply

Mentorship

Access to free mentoring (up to two years)

Networking opportunities

Benefit from a Canada-wide network of entrepreneurs.

Resources

From our Rock My Business workshop series to our various business planning tools, gain access to the resources you need to succeed.

Are you eligible?

Click here to learn more about Futurpreneur’s general eligibility requirements.

See full eligibility criteria here
You must be a Canadian citizen or permanent resident of Canada

You must physically reside in Canada.

You are between the ages of 18-39

At the time of your application you must be within the stated age range in order to be eligible.

You have a full time income outside of your side business

For the next 12 months, your side business will remain your secondary source of income.

Financing terms & fees

Futurpreneur Repayment Terms & Fees
  • Up to $15,000 with a term over four years.
  • Interest is charged at CIBC’s prime rate + 3%. (Note that if CIBC’s prime rate exceeds 6%, the interest rate charged is capped at 9%. If CIBC’s prime rate exceeds 9%, the interest rate charged will be charged at CIBC prime rate.)
  • Interest-only payments for the first year.
  • Principal repayments are made in equal monthly installments together with interest, over the remaining 3 years.
  • No penalty for early repayment.
  • A one-time loan management fee of 1% of the total loan amount is charged at time of disbursement
  • The above points reflect current Futurpreneur loan terms; the exact terms of each entrepreneur’s loan are clearly defined in their loan agreement.

Ready to start your entrepreneurial journey?

Sign up here to get connected with a dedicated team member to learn more about Futurpreneur’s loan with mentorship and resources.

"*" indicates required fields

General info

Name*

Contact info

Language Preference*

Offering info

In addition to our core startup programs, we have tailored programs for Black and Indigenous entrepreneurs.
Please let us know if you would be eligible for these programs:
I identify as Black
I identify as Indigenous

1. The “Gig” Picture: One-in-three Canadians have done some kind of informal work in the past five years, November 26, 2019. Angus Reid Institute.