For many young entrepreneurs, securing loans from banks to launch and sustain their new business is a challenge. Banks often decline loan applications from young entrepreneurs because of their age, poor credit score, or simply because they do not recognize an investment opportunity. That’s why BITS has launched a flexible and affordable micro-financing program that will help young people take their business to the next level. Through BITS Bucks, we extend up to $5,000 in micro-financing loans and grants for you to use towards your business.

You are a perfect match for the program if:

• You are 18 to 34 years old and are legally a resident of Ontario
• Your annual income or assets amount to less than $35,000
• You have previously completed a BITS training program and have a feasible business plan that has been approved by BITS staff