Core entrepreneur startup program for newcomers

Core entrepreneur startup program for newcomers

If you’re new to Canada and are unsure about your credit, Futurpreneur can help you with support and resources.

Our offering

From business plan to business success. We offer you the tools to get your startup off the ground. If you’re a newcomer between the ages of 18-39, Futurpreneur can empower you on your entrepreneurial journey.

Inclusive financing

A flexible startup business loan of up to $25,000, of that, $12,500 is financed by Futurpreneur and $12,500 is financed by BDC *conditions apply


Receive up to two years of one-on-one mentorship from an experienced business leader.


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

Networking opportunities

Engage with a national network of entrepreneurs, leaders and community organizations at a range of entrepreneurial events.

Are you eligible for the Futurpreneur Startup Program?

We can offer entrepreneurs who are new to Canada, and between the ages of 18-39, startup loan financing and up to two years of mentorship. If eligible, you may qualify for another loan amount.

See full eligibility criteria here
You have lived in Canada for less than 60 months

To participate in this offering, participants have lived in Canada less than 60 months from the application processing date.

You must be a Canadian citizen or permanent resident

To participate in this offering, participants must be Canadian citizens or permanent residents of Canada.

You must have limited or no established credit history

To participate in this offering, participants must have limited or no established credit history in Canada.

You must have the required documentation

To participate in this offering, participants must have a social insurance number (SIN) that does not begin with a “9”. Participants must provide two character-based references with one from a Canadian citizen.

Take a look at our other offerings

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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General info


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


Can’t find the answers you’re looking for?
See our full FAQs.

At what stage of my business planning can I apply to Futurpreneur?

Futurpreneur offers free resources and tools to help entrepreneurs at every stage of business development. If you are in the idea or R&D phase of forming your company, our free tools and resources can help guide you through the process of developing your business plancreating your cash flow, and more. We’re here to help move your business forward!

In order to apply to Futurpreneur’s Startup Program and secure financing, your company must be in the pre-startup or startup stage (i.e., beyond the Idea or R&D phase).

• By pre-startup, Futurpreneur means the company is in the process of launching and will make its first sales ideally within the next few months.

• By startup, we mean existing companies that have had less than a year of significant sales, i.e., sufficient revenues for the applicant(s) to pay themselves.

Can I access either Futurpreneur funding or mentoring separately?

Working with a mentor is one of the requirements of our financing program, and you must receive our financing in order to be matched with a mentor. We do not offer these options separately.

I am over 39. Can I still qualify for Futurpreneur’s Startup Program?

Our startup program is aimed at entrepreneurs between the ages of 18 and 39 exclusively. If you are about to turn 40, you may be eligible for the program provided your full application is completed before your 40th birthday.

If you are 40 years of age or older, unfortunately, you are not eligible for our program.

Financing terms & fees

Futurpreneur Repayment Terms & Fees
  • Up to $12,500 with a term over five years.
  • Interest rate may change.
  • Interest-only payments for the first year.
  • Principal repayments are made in equal monthly installments together with interest, over the remaining four years.
  • No penalty for early repayment.
  • A one-time loan management fee of 1% of the total loan amount is charged at the 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.
BDC Repayment Terms & Fees

Please contact your local BDC office for the BDC Repayment Terms & Fees including the Floating Base Rate.