Did you receive financing and support from the Canadian Youth Business Foundation (CYBF) in the early stages of your venture and now you are ready to take your business to the next level? If your business has been operating for 36 to 60 months, you may be eligible for CYBF’s Expansion Program.
Financing to help your business expand:
- Receive up to $10,000 in additional financing from CYBF. You may also qualify for additional funding from the Business Development Bank of Canada (BDC). Depending on your situation and the initial amounts you received through CYBF and BDC, you could receive up to $30,000 in expansion financing.
CYBF offers resources to help you become a more effective business manager and assist you in addressing new and more complex challenges as your business grows. Resources include:
- Our Online Business Resource Centre gives information and insights about planning, starting and growing your business.
- Access to Entrepeer, our peer-support network that connects you online and face-to-face with other entrepreneurs as well as mentors and business champions from across Canada.
- Assistance from your local community partner and a CYBF entrepreneur-in-residence who can offer sound business advice as you expand your business.