
PACE — Business Mentorship Program
At a glance
- No Condition
- Open Date : August 3, 2022
- All industries
Overview
Receive business advice and guidance from a mentor to start a business or help your small business build confidence, gain knowledge, and facilitate growth through best practices consulting, support, and networking events.
Activities funded
The PACE Business Mentorship Program provides comprehensive support to entrepreneurs and small business owners aiming for growth and development. The activities eligible for mentorship include knowledge transfer, professional networking, and personal business development.
- One-on-one mentorship sessions to share real-world business experiences and guidance.
- Participation in networking events to connect with experienced professionals and peers.
- Access to resources and insights to develop and enhance business skills.
- Informal and formal guidance on business planning and best practices.
- Opportunities to delve into professional development tailored to specific business needs.
Eligibility
The eligibility criteria to apply for the PACE Business Mentorship Program are focused on the applicant's current professional status and commitments.
- The applicant must be an entrepreneur, new or existing businessperson interested in receiving business advice and guidance.
- The applicant must be willing to communicate regularly with a Mentor over a defined period.
- The applicant must be committed to the promotion, planning, and building of their business.
- The applicant must understand that they are responsible for their business success.
- The applicant must be willing to participate in the following up and tracking procedure with the Program Coordinator.
- The applicant must actively participate in networking opportunities offered.
Who is eligible?
Entrepreneurs or small business owners who are either starting a new business or looking to grow an existing business. Applicants should be willing to engage regularly with a mentor, commit to business planning and development, acknowledge responsibility for their business success, participate in follow-up procedures, and actively engage in networking opportunities offered by the program.Eligible expenses
This mentorship program supports activities that enhance entrepreneurial skills and foster small business growth through one-on-one expert guidance. The eligible activities focus on knowledge sharing, personal development, and business networking.
- Participation in one-on-one mentoring sessions with experienced business mentors.
- Engagement in networking events organized by the mentorship program.
- Receiving guidance on developing business skills and increasing knowledge.
- Facilitating knowledge transfer from experienced professionals to mentees.
- Access to resources aimed at strengthening business operations and practices.
Selection criteria
Be an entrepreneur or new/existing businessperson
Interested in receiving business advice and guidance
Willing to communicate regularly with a Mentor over a defined period
Committed to promoting, planning, and building your business
Understand that you are responsible for your business success
Willing to participate in the follow-up and tracking procedure with the Program Coordinator
Actively participate in networking opportunities offered
How to apply
Express Interest
- Contact Patricia Area Community Endeavours Inc. via phone or email to express your interest in the mentorship program.
- Discuss your business needs and evaluate how the program can support your goals.
Eligibility Confirmation
Submit Application
- Request the mentorship application form from a PACE representative.
- Complete the application form and provide necessary details about your business, goals, and any specific mentorship needs.
Schedule Initial Consultation
- After submitting your application, schedule an initial consultation with a PACE representative.
- Discuss your application and business requirements in detail during this session.
Mentor Assignment
- PACE will review your application and consultation insights to assign a suitable mentor.
- Receive confirmation and contact details of your assigned mentor.
Begin Mentorship
- Coordinate with your mentor to schedule your first mentoring session.
- Engage in regular mentoring sessions to achieve your business goals with the help of an experienced mentor.
Additional information
Additional details for potential grant applicants:
- PACE mentoring sessions are typically one hour and can be conducted virtually, by phone, or via email.
- The mentorship duration typically lasts for a three-month period, but can continue as needed.
- Mentorship sessions are intended to be informal and focused on knowledge sharing and development.
Frequently Asked Questions about the PACE — Business Mentorship Program Program
What is the PACE — Business Mentorship Program?
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What expenses are eligible under PACE — Business Mentorship Program?
What is the deadline to apply?
Is the PACE — Business Mentorship Program a grant, loan, or tax credit?
Who are the financial supporters of the PACE — Business Mentorship Program?
Who is eligible for the PACE — Business Mentorship Program program?
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