Maurice
Posted: January 31, 2022
  • This program is currently closed.

Amount:

$15,000

Type of Program:

Grant & Loan


Description:

Ignite Capital Pitch Competition provides Ontario start-ups the opportunity to win up to $15,000 for their business ventures, as well as access industry-specific coworking spaces, business consulting, PR and legal work.

Comments on Funding:

Funding is up to $15,000 and is a combination of grant/loan.


When It Ends:

Closed

Deadline:

Next deadlines to be determined.

Eligibility:

Applicants must be:

  • At least 18 years old
  • Canadian citizens / permanent residents and currently residing in Ontario
  • 50% (or more) owner of a for-profit, registered business that is not more than five years old. For the Start Up category, the business must be less than two years old.
  • Able to demonstrate lack of access to capital (e.g. turned down for a bank loan or line of credit).

Documentation Needed:

Applicants must:

  • Submit a business plan
  • Submit two years of financials in one of three categories – Start Up (little or no sales), Scale Up (part-time or freelancers) and Grow Up (full time businesses),
  • Submit a copy of government issued photo ID (i.e. Driver’s License or Passport)
  • Participate in a live pitch.

Other Things to Note:

Program no longer active at the beginning of 2021.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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