STATEMENT: FUTURPRENEUR APPLAUDS THE GOVERNMENT OF CANADA’S SUPPORT OF YOUNG BUSINESS OWNERS IMPACTED BY COVID-19
Toronto, ON, April 17, 2020 – Prime Minister Justin Trudeau’s announcement today of $20.1 million in critical funding for Futurpreneur is great news for the thousands of young entrepreneurs it supports across Canada whose businesses have been impacted by COVID-19.
The announcement comes at a challenging time for the more than 3,200 young business owners in the Futurpreneur network—main street businesses that are the very heart and soul of communities of all sizes across the country, employing thousands and providing essential hubs for residents to connect and engage with each other. These small businesses are the backbone of the Canadian economy and their success will be key to Canada’s inclusive economic recovery in the coming months.
This announcement will enable Futurpreneur to provide its existing clients with crucial financial support, while also helping thousands more young entrepreneurs launch successful new businesses that will grow the Canadian economy in the years to come.
Futurpreneur looks forward to working with the Government of Canada on the details of the support in the days to come. More information to follow.
About Futurpreneur Canada
Futurpreneur Canada has been fuelling the entrepreneurial passions of enterprising young Canadians since 1996. We’re the only national, non-profit organization that provides resources, financing and mentoring to aspiring business owners aged 18-39. More than 12,000 young Canadian entrepreneurs, spanning every province and territory, have successfully launched their business with Futurpreneur’s support.
Futurpreneur is a founding member of the G20 Young Entrepreneurs’ Alliance, the Canadian member of Youth Business International, and the Canadian host of Global Entrepreneurship Week.
www.futurpreneur.ca / Facebook: Futurpreneur / Twitter: @Futurpreneur / Instagram: @Futurpreneur
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