Since 1997, the SADC des Laurentides has been supporting young entrepreneurs in the region through the Stratégie jeunesse program, a unique initiative designed to back projects led by entrepreneurs between the ages of 18 and 39. With 341 loans granted since the program’s inception, our SADC has invested over 6.2 million dollars to boost local entrepreneurship and curb the exodus of young people to urban centers. But what makes this program so special, and how does it truly help young people fulfill their entrepreneurial ambitions?
A Response to the Region’s Youth Challenges
From its inception, the Stratégie jeunesse program has aimed to provide both financial and human support to young entrepreneurs in regional areas. At the time, SADCs across Quebec had observed a concerning trend: many young people were leaving rural areas for cities, creating a gap in the local economic fabric. Aware of this issue, SADCs rallied to offer support tailored to young people who wanted to contribute to the vitality of their home region.
Customized Financial Support: The Stratégie jeunesse Loan
To encourage these young entrepreneurs, the program includes a loan distinguished by its flexibility and favorable terms. This personal loan can be as much as $25,000, designed as a financial lever that can be used as startup capital, a valuable boost for completing a financial plan and launching a strong project. With a two-year interest-free period, the loan provides a genuine lift for young entrepreneurs in the area.
Personalized Support and a Network of Resources
Beyond financing, SADC des Laurentides supports each project leader along their entrepreneurial journey. Through one-on-one mentorship, our advisors work closely with entrepreneurs to help them structure their project, manage finances, and overcome challenges along the way. This hands-on approach allows young people to benefit not only from technical support but also from a network of guidance and advice to maximize their chances of success.
A great example of this support is Dominic Asselin, founder of Attitude Montagne in Saint-Adolphe-d’Howard. At the annual general meeting last June, Dominic shared his experience with the Stratégie jeunesse program. Thanks to this loan, he was able to finance improvements to a new building, enabling his business to expand its range of services. This support not only strengthened his presence in the region but also stimulated the local economy by attracting more visitors.
Why Choose the Stratégie jeunesse Program from SADC des Laurentides?
In addition to benefiting from a two-year interest-free period, entrepreneurs can access unique regional support without the collateral requirements often imposed by other financial institutions. This flexible, accessible program serves as a powerful catalyst for launching or consolidating a business in the region, allowing young people to achieve their ambitions without taking on heavy debt from the outset.
A Lasting Impact for Our Community
For more than two decades, the Stratégie jeunesse program has enriched the entrepreneurial landscape of our region, giving young people the chance to build their future in the Laurentians. Through this program, our SADC continues to play a key role in local economic development.
If you are motivated to launch a new project or strengthen an existing business, contact us to learn more about the Stratégie jeunesse program.