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NEXT Program - New Entrepreneurial eXploration Training
Training and support for displaced workers to start a business
Last Update: April 29, 2026
Funding available
$ 1,000
Timeline
- Receipt of requests is now closed
Location
Peterborough, Ontario, Canada
Overview
NEXT supports displaced workers in Peterborough and Peterborough County who want to explore entrepreneurship. The program offers hands-on training, advisory support, and practical business planning, with eligible graduates potentially receiving up to $1,000 toward start-up costs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Develop workforce skills
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 1,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
Location
- Peterborough
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Entrepreneurship training for displaced workers.
- Business idea exploration and business planning.
- One-on-one advisory support and coaching.
- Launch preparation for a new small business.
Eligibility
Who is eligible?
- Recently laid-off workers
- Displaced workers affected by layoffs or plant closures
- Employers supporting displaced employees
Who is not eligible
- Applicants who are not displaced or recently laid off are not identified as the target group.
Eligible expenses
- Start-up costs for a new business.
Eligible geographic areas
- City of Peterborough
- Peterborough County
Processing and Agreement
- Applications are reviewed through the program’s intake and cohort process.
- Priority is given to displaced and laid-off workers.
- Successful participants complete the training program before receiving eligible support.
Additional information
- Participants receive one-on-one advisory support and practical business training.
- A 6-month trial membership with the Peterborough and the Kawarthas Chamber of Commerce is included.
- Employers can contact the program to discuss workplace-specific needs.
- Eligible graduates may receive matching support tied to available training funds.
Contacts
Frequently Asked Questions about the NEXT Program - New Entrepreneurial eXploration Training Program
Here are answers to the most common questions about the NEXT Program - New Entrepreneurial eXploration Training. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the NEXT Program - New Entrepreneurial eXploration Training?
NEXT supports displaced workers in Peterborough and Peterborough County who want to explore entrepreneurship. The program offers hands-on training, advisory support, and practical business planning, with eligible graduates potentially receiving up to $1,000 toward start-up costs.
How much funding can be received?
NEXT Program - New Entrepreneurial eXploration Training Funds up to $1,000 of admissible expenses.
Who is eligible for the NEXT Program - New Entrepreneurial eXploration Training program?
To be eligible for the NEXT Program - New Entrepreneurial eXploration Training program, you must:
Recently laid-off or displaced workers
Business launched through the program
Proof of recent employment or layoff notice may apply
What expenses are eligible under NEXT Program - New Entrepreneurial eXploration Training?
Entrepreneurship training for displaced workers.
Business idea exploration and business planning.
One-on-one advisory support and coaching.
Launch preparation for a new small business.
Who can I contact for more information about the NEXT Program - New Entrepreneurial eXploration Training?
You can contact Community Futures Peterborough (CFP) by email at devon@cfpeterborough.ca or by phone at 705-957-3641.
Where is the NEXT Program - New Entrepreneurial eXploration Training available?
The NEXT Program - New Entrepreneurial eXploration Training program is available the province of Ontario.
Is the NEXT Program - New Entrepreneurial eXploration Training a grant, loan, or tax credit?
NEXT Program - New Entrepreneurial eXploration Training is a Other Support