Loan
Private
Active
Futurpreneur Side Hustle Program
Futurpreneur Canada
Loan Range
Up to $25,000
Ongoing
Difficulty
Easy
Payment
Loan
Trend
Growing
First-Timers
Friendly ✓
Financing share
Varies
Futurpreneur Side Hustle Program provides Up to $25,000. Supports young entrepreneurs who want to start a business while keeping a full-time income outside it, offering smaller-scale financing and mentorship. Applications are accepted on an ongoing basis.
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Eligibility & Details
What this program funds and who can apply
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Program Description
Supports young entrepreneurs who want to start a business while keeping a full-time income outside it, offering smaller-scale financing and mentorship.
Eligibility Requirements
- Canadian resident (citizen or permanent resident)
- Aged 18-39 at time of application
- You have a full-time income outside the side business, and for the next 12 months the side business will remain your secondary source of income
- Business is not in an ineligible industry (no gambling venues, night clubs, bars, dating platforms)
- Personal taxes are filed and current
- Futurpreneur's 24-month operating cap and its full-time employment requirement do not apply to the Side Hustle Program
- Revenue-generating products or services are ready for market, not still in the research and development phase
Provinces
Industries
Business Stage
Quick Assessment
Difficulty
Easy
Competition
Low
First-Timer
Friendly
Funding Details
- Amount
- Up to $25,000
- Type
- Loan
- Level
- Private
- Deadline
- Ongoing
Program Scorecard
Competition, effort, and approval at a glance
Competition
Low
Deadline
Ongoing
Approval
Moderate
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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How to qualify
Insider tips, common pitfalls, and what successful applicants look like
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Insider TipMost accessible Futurpreneur product — smaller amounts, simpler context.
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See what trips up most applicants for this program — and how to avoid it.
Rejection Pitfalls 5
- No full-time income outside the business, or unwilling to commit that the side business stays the secondary income for the next 12 months
+4 more pitfalls
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Success Profile
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See what successful applicants for this program actually look like.
Evaluation Criteria
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All 5 pitfalls, the checklist and the reviewer notes are in the Playbook below. See what it includes ↓
What's in this Playbook
Everything you need to secure Futurpreneur Side Hustle Program
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 5 rejection pitfalls reviewers flag — so you catch them first
- 8-document checklist with what each reviewer is actually checking
- Your Application Game Plan — the print-ready PDF the preview below describes
- 9-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- 3-program stacking strategy to combine with compatible funding
- Success profile + evaluation criteria — exactly what lenders look for
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Application Playbook
Step-by-step process, required documents, and expenses
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9 steps
8 docs
Application Steps
1
Check Eligibility Confirm you are 18-39, a Canadian citizen or permanent resident, and you plan to maintain full-time employment or another primary income source for at least 12 months while running your side business.
Required Documents 8
✓ Completed business plan
✓ 24-month cash flow projection
Eligible Expenses 7
Ineligible Expenses 7
Deadline Notes
Ineligible Organizations
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Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
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3 partners
Compatible Programs
SR&ED tax credit
Provincial startup grants
Core Startup Program
Combined Funding Potential
See your total funding potential
Clawback Risk
Low Risk
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How Futurpreneur Side Hustle Program Compares
Side-by-side with similar programs
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| Program | Amount | Difficulty | Payment | Deadline |
|---|---|---|---|---|
| Futurpreneur Side Hustle Program | Up to $25,000 | Easy | Loan | Ongoing |
| Black Entrepreneurship Program | Up to $250,000 | Moderate | Loan | Ongoing |
| Canada Small Business Financing Program | Up to $1.15 million | Easy | Mixed (Advance + Reimb.) | Ongoing |
| Futurpreneur Canada Startup Program | Up to $75,000 | Moderate | Loan | Ongoing |
| Futurpreneur Black Entrepreneur Start... | Up to $75,000 | Moderate | Loan | Ongoing |
Related Programs
Other programs you might be eligible for
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Frequently Asked Questions
Quick answers to the questions founders most often ask about Futurpreneur Side Hustle Program
Free
Can I apply if I'm a student with part-time work?
Futurpreneur's published test is about income, not student status. You need a full-time income outside the side business, and for the next 12 months the side business has to stay your secondary source of income. No published rule excludes a student who meets that test.
What's the typical loan amount?
Most common: $5,000–$20,000. Maximum $25,000. Amounts above $20,000 require strong justification for business scale.
Do I need to show business revenue?
No revenue is required. What Futurpreneur asks is that you have a full-time income outside the side business now, and that for the next 12 months the side business stays your secondary source of income. The plan still has to be viable on part-time hours.
Can I combine with other grants?
Yes — SR&ED tax credit and provincial grants are compatible. Cannot stack with Core Startup Program (requires re-application when going full-time).
How long does approval take?
Futurpreneur states only that it will contact you within 5 to 10 business days of your submission through the MyFP portal. It publishes no decision time, so plan around that contact date and ask your analyst what happens after it.
Does applying run a credit check?
Yes. Futurpreneur requires your authorization to carry out a personal credit check and states it is a hard inquiry. It happens as part of the application itself, not only after an approval, so decide before you start rather than at the end.
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Full Playbook: Futurpreneur Side Hustle Program
9 steps · 8 docs · reviewer insights