Early Stage Startup Stream
ON, Canada
Support for early stage innovation entrepreneurs
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateMay 12, 2022
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Parkdale Centre for Innovation
grant_single|status
grant_card_status|open
grant_single_labels|preview
<p>Participate in webinars, mentorship programs and opportunities to prepare your business in the innovation economy.</p>
grant_single_labels|projects
This grant is designed to support early-stage startups as they prepare for various aspects of business growth and development. The projects eligible for this grant focus on crucial areas that foster a startup's initial traction and scalability potential.
- User growth and traction development initiatives, aimed at expanding a startup's customer base.
- Projects focused on team growth, including recruiting and developing talent within the startup.
- Strategies for revenue growth, enhancing a startup's financial performance and sustainability.
- Fundraising activities aimed at acquiring capital to support business operations and expansion.
- Building sustainable business models with potential for scalable market growth.
grant_single|admissibleProjectsExample
$ 9,000
Launching a community garden initiative to promote sustainable agriculture
$ 8,000
Launching a digital marketing campaign to boost organic reach for a local bakery
$ 30,000
Enhancing laboratory research capabilities for renewable energy projects
$ 18,000
Organizing a mentorship program for young entrepreneurs in the tech industry
$ 12,000
Developing a specialized training program for financial literacy among immigrants
$ 15,000
Developing a new software solution to improve inventory management for small retailers
grant_single_labels|admissibility
Eligibility for participation in the Parkdale Centre programs is determined by specific criteria related to the stage and goals of the startup and the entrepreneur's commitments.
- The applicant must be an entrepreneur who has or is looking to incorporate a new business in Canada.
- The applicant can commit to setting and meeting revenue and growth goals during a 9-18 month program.
- The applicant must have or be willing to build a sustainable business model with potential for scalable market growth.
- The applicant should be willing to execute program requirements, meet milestones, and stay on track with consistent program participation.
grant_eligibility_criteria|who_can_apply
Entrepreneurs across Canada who meet the following criteria can apply for the Parkdale Centre Winter 2024 Intake:- Entrepreneurs who have a new business or an idea to incorporate a new business in Canada.- Applicants should be capable of setting and meeting revenue and growth goals during a 9 to 18-month program.- Entrepreneurs with a sustainable business model that has potential for scalable market growth.- Individuals willing to execute program requirements, meet milestones, and remain on track with the Parkdale Centre Roadmap.- Participants should resonate with the Centre's focus on data-driven, socially aware, scalable business models and utilize the ecosystem support effectively.- While applicants from anywhere in Canada are welcome, initiatives that make positive impacts on the Parkdale community are prioritized. Overall, the program seeks self-driven, resourceful founders with a proactive approach to solving problems and delivering value to communities.
grant_eligibility_criteria|eligible_expenses
The Parkdale Centre for Innovation grant supports entrepreneurs and businesses in various stages of development. The eligible projects primarily focus on facilitating growth, scalability, and sustainability in business.
- Setting and meeting revenue and growth goals over a specified period.
- Building sustainable business models with scalability potential.
- Executing program requirements and meeting program milestones.
- Engaging in programs that support user growth, traction, and financing.
- Developing and refining data-driven and socially aware business models.
grant_eligibility_criteria|zone
This grant is accessible to entrepreneurs and businesses located throughout Canada. Geographical eligibility includes a focus on projects that positively impact the Parkdale area.
- Entrepreneurs from across Canada.
- Initiatives prioritizing positive impact within the Parkdale area.
grant_single_labels|criteria
Yes, there are evaluation and selection criteria for this grant. Applicants will be assessed based on the following criteria:
- Alignment with program objectives and focus areas
- Demonstrated potential for impact and scalability
- Evidence of innovative solutions and sustainable business models
- Ability to execute program requirements and meet milestones
- Commitment to continuous learning and growth within the program
grant_single_labels|register
- Step 1: Initial Research
- Visit the Parkdale Centre for Innovation's website to review available programs and determine eligibility.
- Understand the specific goals and commitments required for the program you are interested in.
- Step 2: Application Preparation
- Prepare the necessary information and documents to complete your application.
- Draft a clear business roadmap with goals, challenges, and metrics.
- Ensure readiness to commit to program requirements and milestones.
- Step 3: Start an Application
- Navigate to the "Start an Application" section on the Parkdale Centre's website.
- Fill out the online application form with accurate and complete information.
- Step 4: Submit Application
- Submit your completed online application form through the Parkdale Centre's website.
- Step 5: Post-Submission
- Await contact from the Parkdale Centre regarding the status of your application.
- Be prepared to revise your application or develop a detailed roadmap for further program participation if invited.
grant_single_labels|otherInfo
Here are additional relevant details for participants in Parkdale Centre programs:
- Programs provide self-directed roadmaps catered to individual business goals and needs.
- Participants have access to program sessions and ongoing ecosystem support throughout the duration of the program.
- Parkdale Centre encourages the development of socially aware, scalable business models supported through various program phases.
- The centre supports participants with both virtual and physical co-working space options.
- There are specific alumni programs aimed at continued leadership within the ecosystem.
