My Company
My Company loans are provided for young entrepreneurs by Royal Bank in partnership with the province of Ontario.
The My Company program provides loans of up to $15,000, training and on going support, to young entrepreneurs who wish to start their own independent business.*
An interest rate of prime plus 1% will be charged on the loan to successful candidates. Principal and interest payments begin immediately and continue for a maximum of 60 months for full repayment of the load.
Business consulting, training and networking opportunities are accessed at local Small Business Enterprise Centres and Business Self-Help Offices.
If you have any questions or are in doubt whether you or the business you wish to start is eligible, please contact Susan Fournier at 613.342.8772 ext. 470.
*The Ministry of Economic Development and Trade may alter program guidelines, rules or regulations, eligibility criteria and/or application processes from time to time.
