
Community Futures Saskatchewan — Self-Employment for the Unemployed
At a glance
- No Condition
- Closing date : May 21, 2024
- All industries
Overview
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.
Activities funded
This program is designed to support unemployed or underemployed individuals in Saskatchewan who have viable business ideas. It provides training and resources to develop and implement small businesses effectively.
- Development of a comprehensive business plan tailored to the individual's business idea.
- Training sessions in business management, including finance and customer relations.
- Workshops on creative thinking to foster innovation within the business.
- Guidance on preparing and maintaining financial records for the business.
- Instruction on legal matters pertinent to starting and maintaining a business in Saskatchewan.
- Exploration of financing options, including securing business loans and grants.
Eligibility
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.
Who is eligible?
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.
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.
Eligible geographic areas
This program is available to residents of Saskatchewan. Eligible candidates must contact their local Community Futures office, suggesting geographical eligibility is defined by the region served by these offices.
- Residents of Saskatchewan.
Selection 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.
How to apply
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.
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.
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.
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.
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.
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.
Additional information
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
Frequently Asked Questions about the Community Futures Saskatchewan — Self-Employment for the Unemployed Program
What is the Community Futures Saskatchewan — Self-Employment for the Unemployed?
How much funding can be received?
What expenses are eligible under Community Futures Saskatchewan — Self-Employment for the Unemployed?
What is the deadline to apply?
Is the Community Futures Saskatchewan — Self-Employment for the Unemployed a grant, loan, or tax credit?
Who are the financial supporters of the Community Futures Saskatchewan — Self-Employment for the Unemployed?
Who is eligible for the Community Futures Saskatchewan — Self-Employment for the Unemployed program?
Who can I contact for more information about the Community Futures Saskatchewan — Self-Employment for the Unemployed?
Where is the Community Futures Saskatchewan — Self-Employment for the Unemployed available?
Are startups eligible for the Community Futures Saskatchewan — Self-Employment for the Unemployed program?
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