The Racialized and Indigenous Supports for Entrepreneurs (RAISE) grant program (2024-25) will provide access to business development training, culturally responsive and tailored business coaching, networking opportunities, and a one-time grant of $10,000 to support Indigenous, Black, and other racialized entrepreneurs.

Once admitted into the program, participants must complete business development training and business coaching (including networking) and complete a Business Action Plan that is reviewed by the business coach and validated by the Government of Ontario prior to receiving the grant payment.

After completing the program, participants will be required to submit a report confirming that they have used the entirety of the grant on eligible expenses related to their Business Action Plan. Participants will also be invited to participate in surveys and other evaluation methods to improve the program’s quality.

Available Funding/Prizing

Eligible business owners can receive a one-time grant of $10,000.

ELIGIBILITY CRITERIA

Applicants must be Indigenous, Black, or other racialized individuals who own a small business in Ontario and have the business registered with the Canada Revenue Agency. 

You can view the complete list of eligibility criteria here.

APPLICATION LINK

Click the link to apply.

DEADLINE

Applications for this fund are due by Wednesday, October 30th, 2024.

As always, we will keep you posted on any relevant grant programs and contests for small businesses and organizations within the province.