The Canadian Youth Business Foundation (CYBF) is a national charity providing start-up mentoring, financing and business resources to help young Canadians between the ages of 18 and 34 years of age. Business start-up loans of up to $15,000 are available, with loan repayment schedules of between three and five years.
Initiative Updated: $10 million of funding was provided to the CYBF Foundation on June 3rd, 2009. Now that the Canadian Youth Business Foundation has received the funds, it is able to disburse the loans to qualified applicants.
Visit: The Canadian Youth Business Foundation.
Also, be sure to follow Mentor Works for information on government funding programs on Twitter, Facebook, and LinkedIn to stay up-to-date.