Créavenir

Créavenir

Help for entrepreneurs 18 to 35 who can't get financing

The program provides young entrepreneurs who want to start their own business or who have a business that's less than 3 years old with:

  • coaching and mentoring
  • financial aid in the form of loans and grants

Eligibility

To qualify for Créavenir financing, you must:

  • Be between 18 and 35.
  • Have a viable plan to launch a new business or consolidate an existing business that's less than 3 years old.
  • Not have access to conventional financing.
  • Be a member of a participating Desjardins caisse or agree to become one.

How it works

  1. 1

    Once you're business plan is ready and you're ready to go, bring it to your local entrepreneur support agency that partners with Créavenir.

    If your business plan is viable but your personal investment and guarantees not sufficient to get conventional financing, we might be able to help.

    Need help drawing up your business plan?

    For all our tools and tips, see Start your own business.

  2. 2

    If your project is accepted:

    • You'll get mentoring for the entire start-up phase of your business.
    • You'll qualify for a line of credit of up to $15,000 at prime rate + 0.5% for a 5-year period.
    • You'll have access to a Business card with a limit of up to $1,000 at prime rate + 0.5%.
    • You may also be eligible for a grant of up to $5,000, which you can use to qualify for other sources of financing.

After a minimum of 6 months and based on your needs and credit score, your line of credit could be increased to up to $30,000 at the same attractive rate.

To present your business plan to a local economic development organization

Promising young entrepreneurs

Learn about young entrepreneurs who made their businesses flourish with the help of Créavenir.

See their stories