Side Hustle
Level up your side hustle with support from Futurpreneur
Futurpreneur empowers aspiring young entrepreneurs, ages 18-39, on their journeys to small business success! The Futurpreneur Side Hustle Program offers you up to $25,000 in loan financing to help you launch or grow your side business and keep your full-time job. You can also benefit from mentoring and business planning tools to help you take your side hustle to the next level.
Sign up for more information
Jessica Bosman and Bryn Davis Williams
DOUBL | Vancouver
DOUBL x Futurpreneur: A BC entrepreneurial success story
Best friends Jess and Bryn, co-founders of BC-based DOUBL, launched their business to make bra shopping a more human experience, free from arbitrary sizes. With a dream of helping women feel confident in their bodies, they reached out to Futurpreneur in 2021 and received a Side Hustle loan allowing them to create their first prototype.
In May 2024, DOUBL won the $10K prize at the Futurpreneur Growth Accelerator pitch competition, which will help them implement their unique go-to-market strategy.
Connect with a Futurpreneur business development manager and learn how we can support you on your entrepreneurial journey.
Our offering
Sign up to connect with your dedicated Futurpreneur team member and get started on your entrepreneurship journey.
Are you eligible?
Click here to learn more about Futurpreneur’s general eligibility requirements.
See full eligibility criteria hereYou 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 $25,000 with a term over five 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.
Alternatively, if your complete business plan and 24 month cash flow are ready for submission to Futurpreneur, click here to get started!
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