Do I have to pay back the $6,000 subsidy awarded in the Jeunes Promoteurs Program ?
No, as with all subsidies, that of the Jeunes Promoteurs Program is non-refundable, as long as you respect all of the conditions of the contract you sign when awarded the subsidy. For example, an amount would have to be repaid if you closed the business within the first 2 years of operation or an associate who has benefited from the program left the project. The selection committee would decide upon the amount repayable.
Related Questions
- I have already had a business, which received a Jeunes Promoteurs subsidy, but the business went bust a little while later. Can I receive another subsidy from the program ?
- We are four (4) entrepreneurs, each of us meeting the appropriate criteria for the Jeunes Promoteurs Program. Can we all receive a subsidy ?
- What does the second part (B) of the Jeunes Promoteurs Program consist of ?
