Community Futures Huron believes in the importance of priming a pipeline for new entrepreneurs in the area so we are happy to be able to provide these youth loans for ages 15 to 29.
Next Generation Loans compliment the availability of financing from other programs. For instance, it is common to provide matching loans to youth for Summer Company ($3,000), Starter Company Plus ($5,000) and the Futurpreneur program of the Canadian Youth Business Foundation ($15,000).
These loans offer a fast-track approval process and forego any collateral.
Community Futures Huron is now partnering with the Canadian Youth Business Foundation - CYBF.
CYBF helps young Canadians who have a great business idea and require financing, mentoring and the right business resources to start a business. If you are between the ages of 18 and 34 and have a business idea CYBF can help! In addition to financial assistance, CYBF hand-matches qualified business mentors with young entrepreneurs to allow knowledge sharing which drives a higher business success rate.