RISE Asset Development Youth Small Business Program (2022)


Youth Small Business Program is designed to help youth aged 16 to 29 launch or grow a small business. This program is a great opportunity to learn essential business and financial skills through interactive workshops and business coaching while developing the confidence to run a successful business and can offer a $500 start-up grant to graduates.

Comments on Funding:

Funding is a $500 start-up grant.


The applicant must:

  • have a practical idea to start or grow his own for-profit, small business (any size, both full or part time/seasonal opportunities are welcome),
  • Commit to attending all course sessions and submit all assignments
  • Have difficulty obtaining traditional bank financing
  • Self-identify as having experienced a mental health and/or addiction challenges
  • Be between the ages of 16 and 29
  • be a Canadian Citizen or Permanent Resident of Canada.

Applications Steps:

Other Things to Note:

  1. The application period for the Youth Small Business Program is closed. Check RISE website for the next cohort dates.
  2. Rise will offer two (2) cohorts from September 2021 to March 2022. 
  • September 7 to November 16, 2021 — Tuesdays & Thursdays, 9:30 a.m. – 11:30 a.m. ET
  • January 4 to March 7, 2022 — Mondays & Wednesdays, 6:30 p.m. – 8:30 p.m. ET 
  1. Applications are reviewed on a rolling basis and will close approximately one week before the cohort start date.

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