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Expansion Financing for Youth
Non-Governmental Organizations
Last Verified:
2007-10-24
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The Canadian Youth Business Foundation (CYBF) is a
national charity providing start-up mentoring, financing and business resources
to help youth start their own successful business.
If you are an existing CYBF entrepreneur requiring
additional funding, between 36 to 60 months into operation, and want to expand
your business, the CYBF offers expansion financing up to
$10 000.
Eligibility Criteria
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Between the ages of 18 to 34 (must not have reached
your 35th birthday prior to the date of the
application).
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Available to CYBF businesses who have been
in operation between 36 to 60 months from the date of the CYBF advance (no
funding beyond the 60th month of the original loan disbursement -
clients who have liquidated their loans are also eligible).
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Quarterly reports as of January 2006 must be
up-to-date.
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Loan proceeds may NOT be used for the refinancing of
existing debt.
New Brunswick Contact(s):
See National Contact.
National Contact(s):
Canadian Youth Business Foundation
Suite 1410
100 Adelaide Street West
Toronto, Ontario
M5H 1S3
Fax: 1-877-408-3234
Toll-free (information): 1-800-464-2923
Web site:
http://cybf.ca/contact-us/