Opportunity for student entrepreneurs to receive $3000 to launch and operate a small business this summer
Through its Summer Company Grant Program, the Government of Ontario will award grants to support young student entrepreneurs aged 15 to 29 looking to launch and operate a small business during the summer.
About the Summer Company Grant
The Summer Company Grant Program is a yearly program funded by the Government of Ontario to support student entrepreneurs. Students learn to develop and manage a business and improve their entrepreneurship skills.
The Summer Company program will provide business fundamentals training, group, and one-to-one mentorship sessions with a trained business professional, and an opportunity for a grant of up to $3,000 to help launch your small business.
Available Funding/Prizing
- The program offers grants of up to $3,000:
- A first payment of up to $1,500 for start-up costs
- A second payment of up to $1,500 once the student completes the program
ELIGIBILITY CRITERIA
To be eligible for this grant, applicants must meet the following criteria.
- Be a Canadian citizen or permanent resident.
- Be 15 to 29 years old
- Returning to school, university, college, trade school, or an eligible academic institution in the fall
- Starting a new business (i.e., not growing an existing business)
- Planning to operate this new business in Ontario
- Available to work full-time on developing and launching this new business (i.e., no part-time work or school exceeding 12 hours per week during the summer)
- Not been a recipient of the Summer Company program in the past
HOW TO APPLY
Interested Participants may contact their Small Business Centre for information on how to apply.
DEADLINE
Applications for this program are due by Friday, May 17th, 2025
*Note that There may be an earlier deadline for local program providers
As always, we will keep you posted on any relevant grant programs and contests for small businesses and organizations within the province.
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