CDEM — Training

Eligibility criteria for this grant:

• New business owners/operators interested in starting or improving their entrepreneurial journey
• Participants must attend the three-day business planning workshop offered by the organization

Who is eligible?

There are several eligible types of companies that can benefit from this grant program:

• New business owners/operators looking to start their entrepreneurial journey
• Companies seeking to improve their business management skills through workshops
• Entrepreneurs in need of mentoring support to navigate the early years of business

Eligible expenses

This grant supports new and developing businesses by offering training and mentorship to enhance entrepreneurial skills. The programs focus on crucial business aspects such as planning, financial management, and marketing strategies.

• Three-day business planning workshop covering business structures, tax management, and marketing strategies.
• Time Management workshop to optimize productivity.
• Financial Management and Bookkeeping workshop to ensure solid financial practices.
• Taxation workshops to navigate provincial and federal requirements.
• Advertising and Promotion workshops to enhance market presence.
• Import-Export Workshop to facilitate international business operations.
• Mentoring program linking new entrepreneurs with experienced mentors.

There are evaluation and selection criteria for this grant.

• Business plan quality
• Financial viability
• Market potential
• Business management skills
• Benefit to the community

Here are additional relevant details for businesses engaging with CDEM:

• Participants are awarded a certificate upon completion of the three-day business planning workshop.
• CDEM offers unique mentoring opportunities by pairing new entrepreneurs with experienced mentors for guidance during their early years.