Business Size: small

Region: Canada

Demographics: youth (18-39), Canadian citizen or permanent resident

Other Criteria: Physically reside in Canada, Demonstrate some training or experience in your field/industry, Business is in pre-startup or startup stage (beyond Idea or R&D phase), Pre-startup: company launching, first sales ideally within next few months, Startup: existing company with less than a year of significant sales, Business creates full-time sustainable employment for the applicant(s) (except Side Hustle), Produce a complete and viable business plan and cash flow, Agree to a personal credit check, Loan proceeds will not be used for refinancing existing debt, Discharged from bankruptcy for at least five years (from date of full performance), Federal, provincial and municipal taxes are paid up to date, Not named as party to a lawsuit, Applicant(s) represent more than 50% controlling ownership of the business, Demonstrate socially acceptable content and activities of the business, Applicant(s) have majority control over the business activities, Business must be registered and operate in Canada, Business revenues must be deposited to a Canadian business bank account and be subject to Canadian taxes, Business is not yet operational or has been operating full time for 24 months or less (except Side Hustle), Revenue generating products or services are ready for market (not in R&D phase)