Canadian Youth Business Foundation
 | The Canadian Youth Business Foundation, (CYBF), is a national charity providing start-up mentoring, financing and business resources for young Canadians to create their own successful businesses. CYBF provides up to $15,000 in start-up financing, low interest rates, flexible 3 to 5 year repayment schedules, and NO principal payments in your first year. They give guidance towards resources on everything from how to develop a practical and effective business plan to marketing tips that get your company noticed. CYBF individually matches and trains every entrepreneur with a qualified and dedicated business mentor for a minimum of 2 years during the critical start-up period. |
How to Qualify
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You are 18-34 years old (if business partner(s) are over the age of 34, then the qualifying CYBF applicant must own 51% of the voting shares of the business.) - You have a viable business plan
- Your business is new or under a year old
- Your business will be your full-time career
- You are eligibile to work in Canada (work permit holders are not eligible)
- You agree to work with a mentor for a minimum of two years
