Grants and Contributions:
Title:
512499
Agreement Number:
512499
Agreement Value:
$58,100,000.00
Agreement Date:
Aug 1, 2019 - Sep 30, 2024
Description:
Futurpreneur will provide loans of up to $20,000 with flexible 3 to 5-year terms and support, including business planning and mentoring services, to young entrepreneurs between the ages of 18-39
Organization:
Innovation, Science and Economic Development Canada
Location:
Toronto, Ontario, CA M5H2L3
Reference Number:
033-2019-2020-Q2-512499
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
895001261
Recipient Type:
Not-for-profit organization or charity
Additional Information:
value changed from $38,000,000 to $58,100,000 as per contract amendment 2019/20 to 2024/25
Amendment Date
Apr 23, 2020
Recipient's Operating Name:
Futurpreneur Canada
Recipient's Legal Name:
Futurpreneur Canada
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
Program:
Futurpreneur Canada
Program Purpose:
Futurpreneur Canada provides loans, mentoring and support to young entrepreneurs. The Government of Canada's non-repayable contribution to Futurpreneur Canada is used for the organization's non-financial programming and operating expenses, as well as, providing financial relief to it's existing borrowers in the wake of COVID-19.
NAICS Code:
523900
Amendments: