Youth and entrepreneurship development are a major focus for the provincial government and the Halton Region Small Business Centre (SBEC) provides information and resources for young entrepreneurs in the Region.
Currently, there are three youth programs that provide skills development, training and financial assistance that are available at SBEC:
- Starter Company
The Starter Company Program provides business skills training and development for youth between the ages of 18 to 29. The program helps with understanding and training in business plan development and operations. If successful, the program offers an opportunity to apply for a grant of $5,000. Individuals who are interested must attend an information session as a first step.
- Summer Company (for students)
The Summer Company Program is for high school and post-secondary students between the ages of 15 to 29 who would like to experience entrepreneurship first-hand rather than work in a traditional summer job. Students receive 12 hours of training and skills development. In addition to training and meetings with business mentors, participants can access up to $1,500 in grant funding for startup costs, as well as an opportunity to receive an additional $1,500 award for successful completion of program requirements at the end of summer operations. Applications are open in January each year.
- Futurpreneur Canada
Futurpreneur Canada (formerly CYBF) provides unsecured small business loans for youth between 18 and 34 years of age. In addition to the financial supports, Futurpreneur also provides two years of mentoring to help young entrepreneurs during the introductory stage of business development. The Small Business Centre is a community partner for this national program. Information sessions are held monthly at SBEC.
For more information on youth entrepreneurship programs in Halton Region visit halton.ca/youthbiz or, contact SBEC at 905-825-6000, ext. 7900 or dial 311.