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PACE — Business Mentorship Program - Canada

PACE — Business Mentorship Program

Last Update: July 22, 2025
Canada
Business mentorship for entrepreneurs in the Patricia region

At a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : August 3, 2022
Financing Type
Expert Advice
Eligible Industries
  • All industries
Program status
Open

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.
Examples of admissible projects:
$ 23,000
Business mentorship and networking for eco-friendly startups
$ 25,000
Mentorship and networking program for new tech startups
$ 20,000
Social enterprise mentorship program to support community services
$ 15,000
A business mentorship program to improve small bakery operations
$ 22,000
Agriculture mentorship program for new farmers
$ 18,000
Business mentorship and professional development for artists

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

1

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.
2

Eligibility Confirmation

Ensure you meet the eligibility criteria by being an entrepreneur or business owner committed to the success and growth of your business.
3

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.
4

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.
5

Mentor Assignment

  • PACE will review your application and consultation insights to assign a suitable mentor.
  • Receive confirmation and contact details of your assigned mentor.
6

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.

Documents and links

PACE — Business Mentorship Program

Apply to this program

Frequently Asked Questions about the PACE — Business Mentorship Program Program

Here are answers to the most common questions about the PACE — Business Mentorship Program. 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 PACE — Business Mentorship Program?

How much funding can be received?

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?

Who can I contact for more information about the PACE — Business Mentorship Program?

Where is the PACE — Business Mentorship Program available?

Are startups eligible for the PACE — Business Mentorship Program program?

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