PROGRAMS
Starter Company Plus
Applications are now closed.
Starter Company Plus is a training and mentorship program funded by government of Ontario that helps people over the age of 18 to start a business, grow an existing business of 3 years or less or purchase a current business.
You may be eligible to receive up to $5,000* in grant funding to put towards your business.
The program provides training and coaching through the Small Business Centre, paired with advice and mentorship from local entrepreneurs to assist and support your business.
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*The amount of grant funding is based on strength of the business plan, economic impact (jobs created), personal investment and long-term sustainability. The number of grants available is limited.
Training and coaching support
Participants will benefit from training and mentoring roundtables with other participants and will regularly meet one-on-one with a business advisor, to ensure the business is progressing and to offer guidance. Participation in the group sessions is mandatory. These sessions will be 2 hours long and will occur approximately every 2 weeks.
Who can apply?
Eligible participants for the Starter Company Plus program are:
- Over the age of 18
- Proposing a new company, expansion of an existing company less than 3 years in operation, or buying a business
- A Canadian citizen or permanent resident, and resident of Ontario
- Not a student and not returning to school.
- Not enrolled in any government employment or self-employment related program that include or do not include financial assistance.
- Able to commit to the training schedule and regular meetings over a minimum 5–6-month period. (Group session schedule to be supplied in fall)
- Prepared to commit a minimum average of 35 hours a week running the business.
- Able to match the funds being requested, of which, at least $2500 must be cash. The balance can be in-kind assets.
- Have not participated in another government sponsored entrepreneurial training program in the last 12 months or received the Starter Company Plus grant before.
- Business must operate within Middlesex County.
- New businesses must be able to launch and generate sales within 60 days of receiving first disbursement.
Ineligible businesses for the Starter Company Plus program include:
- Distributorship/franchise
- Non-profit or charity
- Pay-per-click business
- Commissioned sales
- Multi-level marketing
- Single events
- Part-time/seasonal business
Use of Funds:
Funded by
