Open
Last Update: March 4, 2026
Funding available
$ 500
Timeline
- Open Date : February 26, 2024
Location
Canada
Overview
This free online program helps young entrepreneurs build practical business skills and a business plan. Graduates may be eligible for a $500 start-up grant upon completion.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop workforce skills
- Start a business
Eligible Funding
- Maximum amount : 500 $
Timeline
- Open Date : February 26, 2024
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Youth (<40)
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Online entrepreneurship training for young people.
- Business plan development and pitching.
- Group mentorship and peer learning.
Eligibility
Who is eligible?
- Young people aged 16 to 29.
- Canadian citizens and Permanent Residents.
- Applicants with mental health or addiction challenges.
Eligible expenses
The Youth Small Business Program (YSBP) helps young individuals build their entrepreneurial skills and transform business ideas into tangible ventures. The program provides training in business development, networking opportunities, and financial support, preparing participants to successfully launch and sustain a business.
- Participation in twice-weekly online sessions covering business basics and financial literacy.
- Development of a practical business plan ready for pitching to peers and an expert panel.
- Personal growth activities to improve confidence and communication skills.
- Access to group mentorship and networking with experienced entrepreneurs.
- Eligibility for a $500 start-up grant after program completion.
- Creation of 30-, 60-, and 90-day action plans for business growth.
- Access to a virtual alumni community for ongoing networking and support.
Eligible geographic areas
- Anywhere across Canada.
Processing and Agreement
- Applications are reviewed after submission.
- Applicants are contacted to discuss their business and program fit.
- Participants are selected based on business readiness, commitment, and readiness to participate.
- If accepted, applicants are enrolled for available program dates as space permits.
- Email updates are sent throughout the process.
Additional information
- The program is free to participate in.
- Participants may join a virtual alumni community after completion.
Frequently Asked Questions about the Rise — Youth Small Business Program Program
Here are answers to the most common questions about the Rise — Youth Small Business 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 Rise — Youth Small Business Program?
This free online program helps young entrepreneurs build practical business skills and a business plan. Graduates may be eligible for a $500 start-up grant upon completion.
How much funding can be received?
Rise — Youth Small Business Program Funds up to $500 of admissible expenses.
Who is eligible for the Rise — Youth Small Business Program program?
To be eligible for the Rise — Youth Small Business Program program, you must:
Age 16 to 29.
Canadian citizen or Permanent Resident.
Mental health or addiction challenges.
What expenses are eligible under Rise — Youth Small Business Program?
Online entrepreneurship training for young people.
Business plan development and pitching.
Group mentorship and peer learning.
Where is the Rise — Youth Small Business Program available?
The Rise — Youth Small Business Program program is available across Canada.
Is the Rise — Youth Small Business Program a grant, loan, or tax credit?
Rise — Youth Small Business Program is a Expert Advice
Who are the financial supporters of the Rise — Youth Small Business Program?
Rise — Youth Small Business Program is funded by Rise