Young Entrepreneur Loan

The FCC Young Entrepreneur Loan helps aspiring young farmers and business owners under 40 access affordable financing to start or grow their operations in Canada's agriculture and agri-food sectors.
  • Farm Credit Canada
Overview of the Young Entrepreneur Loan program:

Farm Credit Canada (FCC) offers the Young Entrepreneur Loan to support individuals under 40 who are starting, purchasing, or growing a business in the agriculture and food sector. This loan is designed to ease the financial barrier for young entrepreneurs and provides access to flexible capital to develop new opportunities. The loan allows up to $1 million in financing and includes features tailored to the needs of early-stage entrepreneurs, such as interest-only payments for up to five years and the ability to finance working capital, assets, or business purchases. FCC emphasizes not just financial support but also long-term relationship building with young entrepreneurs to help them succeed in the ag industry.

Benefits of the Young Entrepreneur Loan program:
  • Up to $1,000,000 CAD in financing
  • Option for interest-only payments for up to 5 years
  • Terms and interest rates are customized based on the applicants needs
Eligibility criteria of the Young Entrepreneur Loan program:
  • To qualify for this program, the following criteria must be met:
    • Must be under 40 years old
    • Must be starting, purchasing, or growing a business
    • Business must be in the agriculture, agribusiness, or agri-food sectors
    • Applicant must be a Canadian resident
    • Good credit history and ability to repay the loan is required
    • Must provide a viable business plan and financial projections
    • Individuals, partnerships, or corporations are eligible
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

Workforce Partnerships GrantsOPEN
  • Province of Alberta
BDC Growth Capital for Indigenous Business - ExpansionOPEN
  • Business Development Bank of Canada
CBDC First-Time Entrepreneur LoanOPEN
  • Community Business Development Corporations (CBDC)
BDC Indigenous Entrepreneur LoanOPEN
  • Business Development Bank of Canada
Business InfoCentreOPEN
  • World Trade Centre Winnipeg (WTC Winnipeg)

Other Grants and Funding by Region

Business FinancingOPEN
  • First West Capital
Business Development - Term LoanOPEN
  • Economic Partners Sudbury East/West Nipissing Inc.
Artificial IntelligenceOPEN
  • Protein Industries Canada
Yukon Agriculture FundingOPEN
  • Yukon Department of Energy, Mines, and Resources
Beef Breeder Co-operative ProgramOPEN
  • Beef Farmers of Ontario
Entrepreneurial Leaders ProgramOPEN
  • Wallace McCain Institute
PRIVEQ Capital FundsOPEN
  • PRIVEQ Capital Funds
Emerald VenturesOPEN
  • Emerald Ventures
Canadian Seafood Stabilization FundOPEN
  • Atlantic Canada Opportunities Agency
Canadian Centre for Housing TechnologyOPEN
  • Canadian Foundation for Innovation

More Grants and Funding by Industry

Community Interaction ProgramOPEN
  • Government of Canada
Founder Institute Core ProgramOPEN
  • Founder Institute
Fair Finance FundOPEN
  • Fair Finance Fund
Research and Development (solid waste diversion)OPEN
  • Resource Recovery Fund Board Nova Scotia
Art Bank - Loan ProgramOPEN
  • Government of New Brunswick
Façade grant programOPEN
  • City of Kitchener
Entrepreneurship Education and Development (CEED) OPEN
  • Centre for Entrepreneurship Education and Development