Ontario Summer Company (2021) -

Amount:

$10,000

Type of Program:

Grant

Description:

The Summer Company program provides students aged 15 to 29 start-up money to kick-off a new summer business and advice and mentorship from local business leaders to help get the business up and running.

Applicants must start their business from May to July and end it on Labor Day or they can choose to keep running their summer business while in school.

Comments on Funding:

Funding is up to $3,000.
Applicants get up to $1,500 up front to help with start-up costs and up to $1,500 when you successfully complete the program requirements.

When It Ends:

Ongoing

Deadline:

May 23, 2021

Eligibility:

Applicants must:

Go to high school, college or university,
Live in Ontario,
Be Canadian citizens or permanent residents,
Be between 15-29 years old (if under 18: a parent or guardian must sign the agreement for the applicant),
Not already be running a business,
Not be working at another job or going to school for more than 12 hours a week during the program,
Be returning to school after the program ends,
open almost any type of business, as long as it is a sole proprietorship or corporation (where the applicant is the majority shareholder), an independent business venture (not a part of an existing or family business), qualifies as “self-employed” for income tax purposes, operates in Ontario on a full-time basis and follows government rules for operating a business.

Applications Steps:

Applicants must:

Submit online an application inquiry,

Submit an application, if requested,

Participate to an interview, if selected.

Documentation Needed:

Applicants must:

Complete the online application inquiry and submit it,
Submit an online application, including a business plan and a cash flow, if selected.

Other Things to Note:

Applicants must contact their local Ontario Works offices for details.

Program Contact:

Start a summer company:students | Ontario.ca

Summer Company program guidelines

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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