Community Futures Saskatchewan — Self-Employment for the Unemployed
SK, Canada
Business start-up help for unemployed people in Saskatchewan
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|closingDateMay 21, 2024
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Community Futures Saskatchewan
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grant_card_status|closed
grant_single_labels|preview
If you have an employment insurance claim that is active or has ended in the last 36 months, you may be eligible for training in key aspects of starting and running your own business.
grant_single_labels|projects
This program is specific to the province of Saskatchewan, Canada. It is offered by various Community Futures regions within the province.
- Community Futures regions in Saskatchewan.
grant_single|admissibleProjectsExample
$20,000
Developing a nutrition-focused café and juice bar
$7,000
Launching an eco-friendly cleaning service
$15,000
Launching a digital marketing agency specializing in small business promotions
$8,500
Establishing a local organic produce market
grant_single_labels|admissibility
Eligibility for this grant is based on certain criteria related to the applicant's personal circumstances and business proposal.
- The applicant must be a resident of Saskatchewan.
- The applicant must be able to attend and participate full-time in the development and implementation of the business.
- The applicant must have a potentially viable and self-sustaining business idea that meets the program's eligibility criteria for businesses.
- The applicant must be currently unemployed or underemployed. Underemployment is defined as having a casual or part-time job, working less than 20 hours per week, and being unable to find full-time work that utilizes their education or work experience.
grant_eligibility_criteria|who_can_apply
This program is aimed at supporting potential entrepreneurs in Saskatchewan who are currently unemployed or underemployed and have a viable business idea.
- Individuals must reside in Saskatchewan.
- Applicants must demonstrate ability to attend and participate full-time in the program.
- Candidates should present a viable and self-sustaining business idea.
- Participants must be currently unemployed or underemployed, specifically working less than 20 hours per week in a job that does not utilize their skills or education fully.
grant_eligibility_criteria|eligible_expenses
This program is designed to assist individuals in gaining the necessary skills to start and operate a business successfully. The focus is on developing entrepreneurial capabilities that lead participants towards successful self-employment.
- Participation in entrepreneurship training and workshops.
- Development and implementation of a comprehensive business plan.
- Training in financial management and record-keeping for small businesses.
- Learning strategies for effective business communication and customer service.
- Understanding legal requirements for starting and operating a business.
- Exploration of financing options, including business loans and grants.
grant_eligibility_criteria|zone
The eligible geographic zones for this grant are the Community Futures regions in Saskatchewan.
- Able to attend and participate full-time towards the development and implementation of the business
- Personals with a potentially viable and self-sustaining business idea that meets the criteria for eligible businesses
- Currently unemployed or underemployed (Underemployed meaning current job is casual or part-time, working less than 20 hours per week, and unable to find full-time work that makes use of education or work experience)
grant_single_labels|criteria
The evaluation and selection of projects for the Self-Employment Program are based on criteria that ensure alignment with the program's objectives of fostering self-sustaining entrepreneurial ventures.
- Viability and sustainability of the proposed business idea.
- Applicant's commitment to full-time development and implementation of the business.
- Business idea's potential to create self-sustaining employment for the applicant.
- Quality and feasibility of the business plan.
- Applicant's readiness to undertake necessary training and skill development.
grant_single_labels|register
Here are the steps to submit an application for the Self-Employment Program grant:
- Step 1: Contact Your Local Community Futures Office
- Identify the Community Futures office in your region.
- Contact the office to express your interest in the Self-Employment Program and to gather detailed information specific to your regional requirements.
- Step 2: Pre-Screening Assessment
- Participate in a pre-screening process conducted by the Community Futures office to assess eligibility and suitability.
- Provide necessary personal and business idea details during the assessment.
- Step 3: Detailed Assessment
- Undergo a detailed assessment for your business idea’s viability with the assistance of a Community Futures business development specialist.
- Be prepared to present your business idea and showcase its potential to become self-sustaining.
- Step 4: Application Preparation
- Gather all necessary documents and information required for the program application.
- Develop a comprehensive Business Plan outlining business objectives, strategies, and financial projections.
- Step 5: Submit Application
- Complete the application form as provided by the Community Futures office.
- Submit the completed application form along with the required documents by the specified deadline.
- Step 6: Confirmation and Follow-Up
- Receive a confirmation of application submission from the Community Futures office.
- Follow up with the office regarding the status of your application and any additional steps.
grant_single_labels|otherInfo
The Self-Employment Program aims to equip individuals in Saskatchewan with the necessary skills and support to start and operate their own business. The program targets unemployed or underemployed individuals, providing comprehensive training and assessments to ensure business viability.
- A resident of Saskatchewan
- Able to attend and participate full-time towards the development and implementation of the business
- Individuals with a potentially viable and self-sustaining business idea
- Currently unemployed or underemployed
- Areas of training include creative thinking, business plan development, and more
Apply to this program
Empower Your Entrepreneurial Journey in Saskatchewan
The Self-Employment Program in Saskatchewan supports aspiring entrepreneurs by providing them with essential skills and resources needed to launch and sustain a successful small business. Through comprehensive training and guidance, the program offers a pathway for unemployed or underemployed individuals to harness their potential and establish self-sustaining employment.
Diving into the Details of the Self-Employment Program
The Self-Employment Program is a vital initiative aimed at fostering entrepreneurship in Saskatchewan. It is specifically tailored to support individuals who are currently unemployed or underemployed, providing them with the opportunity to create and maintain self-sustaining jobs. The program’s primary objective is to equip potential entrepreneurs with the necessary skills and knowledge to start and operate a small business successfully. This is achieved through a comprehensive suite of training areas, including creative thinking, business plan development, and business management skills, which are crucial for running a profitable venture.
Through this program, participants receive support that goes beyond basic training. They are guided on how to prepare financial records, engage effectively with customers, and address legal issues pertinent to starting and operating a business. Another significant component of the program is acquainting aspiring entrepreneurs with various financing options, including securing business loans and understanding how grants can be a useful resource in their business journey. Such multi-faceted training ensures that individuals are well-prepared to face the challenges of entrepreneurship and can navigate the complexities of the business world with confidence.
Eligibility for the program is determined through a detailed assessment process conducted by Community Futures offices that specialize in business development. These offices ensure that candidates have a potentially viable and self-sustaining business idea. Moreover, participants must be able to commit full-time to the development and implementation of their business, underscoring the program’s emphasis on dedication and active involvement in their entrepreneurial projects.
Being a resident of Saskatchewan is a requirement for program eligibility, highlighting the program’s focus on boosting local economies and supporting community-level entrepreneurship. Participants benefit from connecting with local resources and networks, which can play a pivotal role in their business's success. The Community Futures offices serve as crucial pillars of support, offering ongoing guidance and resources to help new businesses thrive.
Overall, the Self-Employment Program represents a comprehensive bridge for those transitioning from underemployment or unemployment to entrepreneurship. By focusing on empowering individuals with practical knowledge and skills, it aims to strengthen the economic landscape of Saskatchewan by nurturing new businesses that have the potential to grow and contribute positively to the community. As a result, this program not only aims to reduce unemployment but also promotes innovation, economic diversity, and job creation in the region.