# Grants and Funding for Young Entrepreneurs in Canada

_Inceptium_

> Under 40 and building something? Canada has funding and mentorship aimed squarely at younger founders. Here's what's out there and how to use it.
Being a younger founder cuts both ways: you’ve got energy and time, but usually not much of a track record or collateral to wave at a bank. Canada has a set of programs built exactly for that gap — funding paired with mentorship, aimed at entrepreneurs under 40. If you’re starting or growing something young, here’s what to reach for.

## The flagship: Futurpreneur

  
    Futurpreneur Canada
    Loan + mentor
  
  
If you’re 18 to 39, this is the one to know. Futurpreneur pairs startup financing with up to two years of one-on-one mentorship from someone who has actually run a business. It often partners with BDC to increase the amount you can borrow. Money plus guidance is a rare combination in the funding world — and for a first-timer, the mentor can be worth as much as the loan.

## If you’re a student

  
    Student & summer programs
    Ages 15–29
  
  
Several provinces run summer-business programs for students — Ontario’s Summer Company, for example, offers up to $3,000 plus mentorship to run a business over the summer. They’re a low-risk way to earn money and learn the ropes while you’re still in school.

## If you’re hiring or building skills

  
    Youth employment streams
    Wage support
  
  
Canada’s Youth Employment and Skills Strategy and the Student Work Placement Program help cover wages when you hire young workers or co-op students — useful when your young business is ready to bring on its first help.

  
    Community Futures (rural)
    Local loans
  
  
Outside the big cities, Community Futures offices offer youth-friendly financing and coaching. If you’re young, rural, and just getting started, this is an underused door.

  Take the mentorship, not just the money. The programs built for young founders bundle in coaching for a reason — the most common ways a first business stumbles are avoidable with a good advisor. When a program offers a mentor, say yes.

  Built something young? See what backs it
  
Tell Inceptium your age, stage, and what you’re building, and we’ll surface the youth-focused funding and mentorship you qualify for — plus the general programs on top. Free to start.

  Get your matches free →

## Frequently asked questions

### What funding is there for young entrepreneurs in Canada?

The main one is Futurpreneur (ages 18–39), which combines financing with mentorship. Students can look at provincial summer-business programs, and youth employment streams help when you start hiring. General programs like the Canada Small Business Financing Program apply too.

### How old do you have to be to get Futurpreneur funding?

Futurpreneur is aimed at entrepreneurs aged 18 to 39. Student programs like Ontario’s Summer Company target younger ages, typically 15 to 29.

### How do I find the programs I qualify for?

[Create a free Inceptium profile](https://inceptium.ca/signup), tell us your age and stage, and we’ll match you to the youth-focused and general programs you’re eligible for.

  Funding programs change often. This guide is reviewed regularly, but always confirm the details and deadlines on the official program page before you apply, or let Inceptium keep track for you.

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Source: https://inceptium.ca/blog/grants-funding-young-entrepreneurs-canada — Inceptium helps Canadian small businesses find and win funding.