If you have a great idea for a business and the entrepreneurial drive to see it through, then Starter Company is here to help you start your company.
You may qualify for up to $5,000 in funding, plus receive the invaluable guidance of a business mentor.
Starter Company is an Ontario program that provides young people with the resources and knowledge that they need to start and grow their own business.
As a Starter Company entrepreneur you get:
•Funding of up to $5,000
•One-on-one guidance from the Small Business Entreprise Centre
•Mentoring with a local successful entrepreneur
•Access to business workshops on topics ranging from writing a business plan and budgeting to executing a marketing campaign
Could You Be A Starter
Company Entrepreneur?
You can apply to the Starter Company program if
•You are an Ontario resident aged 18 – 29
•Not attending school full-time
To qualify for funding of up to $5,000 you need to be able to contribute at least 25% of the grant amount in either cash or kind.
Starter Company Program Guidelines
You are eligible for Starter Company if you are:
•Between 18 and 29 years of age and not attending school full time
•Operating a business, proposing a new business, expanding or purchasing a business
•A Canadian citizen or permanent resident living in Ontario
•Prepared to commit a minimum of 35 hours per week to operating your business
•Prepared to attend mentor meetings for six months after the start of your business
•Prepared to take part in identified Business Training
•Not already a participant in other programs such as Self Employment Assistance
Almost any type of business is eligible, as long as it is:
•A sole proprietorship or a corporation where the applicant is the majority shareholder
•An independent business venture – not a franchise
•Operates at arm’s length from any family business ventures in Ontario
•Operates full-time and maintains its own books and records
•Maintains a separate business bank account, following government rules and regulations for operating a business.
For more information on Starter Company, or more details, contact the office at 613-432-6848 or 613-735-8224
