What is Futurpreneur Canada?
Futurpreneur Canada is delivered by Futurpreneur Canada as a loan + mentorship. Funding is typically up to $75,000 ($25K Futurpreneur + $50K BDC). This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | Up to $75,000 ($25K Futurpreneur + $50K BDC) |
|---|---|
| Cost share | N/A (loan) |
| Level | Federal |
| Program type | Loan + Mentorship |
| Delivered by | Futurpreneur Canada |
| Available in | All provinces |
| Intake status | Open - Rolling |
| Last verified | May 2026 |
Who qualifies
- Eligible industries: All except illegal activities
- Eligible activities: Startup capital; equipment; working capital; inventory
Watch out for
Age 40+; business operating full-time over 24 months; franchise; not Canadian citizen or PR
Deadlines & how to apply
As of late 2024: max loan raised to $75,000 (was $60K), eligibility expanded to businesses operating up to 24 months (was 12). Futurpreneur portion at CIBC prime +3% (capped at 9% if prime >6%); BDC portion at BDC floating base +1.65%. 5-year term, interest-only first year. Includes 2 years of mentorship.
How NorthGrants helps with Futurpreneur Canada
Most business owners read about Futurpreneur Canada, see the funding amount, and stop. The hard part isn't finding the grant. It's building an application that actually wins.
NorthGrants builds the full application framework for you: a tailored project narrative aligned to this program's evaluation criteria, a budget structure that maps to eligible costs, and the supporting documentation checklist. You review it, refine the parts only you can write, and submit.