Amount:

$500

Type of Program:

Grant


Description:

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 virtual 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.


When It Ends:

Closed for Winter/Spring 2022

Deadline:

Next deadlines to be announced.

Eligibility:

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:

1

Applicants must submit the online Rise Financing Application

Other Things to Note:

  1. 1
    The application period for the Youth Small Business Program is closed. Check RISE website for the next cohort dates.
  2. 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. 3
    Applications are reviewed on a rolling basis and will close approximately one week before the cohort start date.

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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