Collaborations That Drive Success
Empowering Partnerships
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Financing at a glance
Unlock the Benefits
Launching a new business is an exciting journey, and securing the right financing is crucial to your success. At Astro Developments, we are committed to supporting young entrepreneurs by connecting you with funding opportunities that can propel your startup forward.
up to $75,000 for Young Entrepreneurs
up to $25,000 for Side Hustlers
Collateral-Free Financing
Your Path to entrepreneurship
Enhanced Startup Loan Program
Collateral-Free Financing: Access substantial funding without the need for collateral, easing the financial burden on new entrepreneurs.
Personalized Mentorship: Benefit from up to two years of one-on-one mentorship with experienced business professionals, providing guidance and support tailored to your unique business needs.
Comprehensive Resources: Gain access to a wealth of tools, workshops, and networking opportunities to help you navigate the challenges of starting and growing your business.
Eligibility Guidelines
To qualify for the Loan Program, your business must meet the following criteria:
- You are between the ages of 18 to 39.
- Your business is in the startup stage or has been operational for no more than 24 months.
- You are a Canadian citizen or a Permanent Resident with for-profit enteerprise.
- You are willing to work with a Futurpreneur-approved mentor for at least two years.
- You agree to a credit check by Futurpreneur.
- You have read and understood our industry eligibility criteria
Client journey
FAQ
Most frequent questions and answers
The Futurpreneur Loan Program provides young entrepreneurs aged 18-39 with up to $75,000 in financing to start or grow their businesses. It also includes access to mentorship and business resources to help ensure your success.
To qualify, you must:
- Be aged 18-39.
- Be a Canadian citizen or permanent resident.
- Operate a for-profit business.
- Be starting a business or have been in business for less than 24 months.
- Have a business plan and cash flow projections prepared.
- Access to up to $75,000 in funding with no collateral required.
- Two years of one-on-one mentorship with an experienced entrepreneur.
- Access to tools, workshops, and resources to support business growth.
Yes, a well-prepared business plan and cash flow projections are required to apply. These documents help demonstrate the viability of your business and your ability to manage finances effectively.
The approval process varies but typically takes a few weeks. It involves submitting your application, business plan, cash flow projections, and any required documents.
You must work with a Futurpreneur-approved mentor for at least two years and actively manage your business to meet the goals outlined in your plan.
Yes, you can apply even if you have other funding sources, as long as your business meets the eligibility criteria.
There is no fixed deadline, but funding availability may vary. It is recommended to apply as early as possible to secure your spot.
Yes, the program provides ongoing support through mentorship, workshops, and a network of business professionals to help you navigate challenges and grow your business.
