Youth Business Programs

1. Western Youth Entrepreneur Program (WYEP)

Year round youth business loans

  • Loans up to $25,000
  • Available for youth 18 to 29 years of age
  • Various repayment terms up to 5 years
  • Operating and term loans available at an interest rate of prime +2%

2. Student Business Loans

Year round/summer student business loans

  • Loans up to $3,000
  • Available for full time students (secondary or post-secondary)
  • Interest free during the months of April through October then becomes prime + 2%
  • Interest rate is prime after three months
  • Summer loan applications accepted starting April 1

3. Business Program

The Youth Business Program provides technical assistance to youth entrepreneurs including the following services:

  • Access to business advisors
  • Business planning guidance and assistance
  • General advice in the areas of marketing and advertising, financial record keeping and business operations