What is Futurpreneur Canada?
Futurpreneur Canada is delivered by Futurpreneur Canada as a loan + mentorship. Funding is typically up to $75,000 combined (up to $25,000 Futurpreneur + up to $50,000 BDC co-lending). This page covers eligibility, intake status, and what an application actually requires.
At a glance
| Funding amount | Up to $75,000 combined (up to $25,000 Futurpreneur + up to $50,000 BDC co-lending) |
|---|---|
| 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 | 2026-10-05 |
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
Collateral-free startup LOANS (not grants) for entrepreneurs aged 18-39 (full application before 40th birthday), pre-startup or in business up to 24 months, with mandatory mentorship of up to 2 years. Futurpreneur portion at prime + 3% (capped at 9% while prime exceeds 6%), 5-year term, interest-only first year; BDC portion at BDC floating base rate + 1.65%. Sub-programs: Core Startup, Black Entrepreneur Startup, Indigenous Entrepreneur Startup, Side Hustle (max $25,000), and Newcomer (max $25,000).
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 a complete application that answers what the program asks for.
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.