Grant Information Session: Starter Company Plus – General Business Stream
Wed, 8 March 2023, 2:30 PM – 3:30 PM EST
This virtual information session will provide additional information for potential applicants including program eligibility and application deadlines.
Starter Company Plus supports eligible entrepreneurs looking to build their small businesses. The program provides training, mentoring, and advice. It also helps small business owners apply for a micro grant of up to $5000 that will assist with growth and expansion of their business.
Applicant Requirements
- Be a Canadian citizen or permanent resident
- Be devoting a minimum of 35 hours per week to their small business and not employed anywhere else
- Be a resident of Toronto with ability to demonstrate proof of physical address
- Be 18 years of age or older
- Not be attending school or planning to return to school while enrolled in the program
- Not be enrolled in any other government-funded employment program
Business Requirements
- Business must be registered at the time of application (Sole Proprietor, Partnership or Corporation) and this documentation must show a Toronto address
- Must have a commercial business bank account which corresponds with Business Registration documentation
- Applicant must have majority ownership and the ability to demonstrate proof of ownership and/or shareholder agreement
- Business must be located in the City of Toronto with ability to demonstrate proof of physical address
- Businesses that require certification and/or license must be current at the time of application
- Business must have been in operation for a minimum of 6 months and be able to demonstrate financial activity statements for this period.
- Can provide match funding of 25% of the grant amount ($1250)
- Must be able to commit to two weeks of virtual entrepreneurship training
*Some business type exclusions exist. More details will be provided during the session.
