Rise — Youth Small Business Program

Eligibility for the Youth Small Business Program is determined by specific criteria regarding the applicant's age, residency, and personal circumstances.

• The applicant must be between 16 and 29 years of age.
• The applicant must be a Canadian citizen or Permanent Resident.
• The applicant must self-identify with mental health and/or addiction challenges.

Who is eligible?

The Youth Small Business Program (YSBP) is designed for individuals who: - Are aged 16-29 years old.- Are Canadian citizens or Permanent Residents.- Self-identify with mental health and/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

The grant is intended to provide financial support for starting a business as a graduate of the Youth Small Business Program.

• $500 start-up grant upon program completion.

There are evaluation and selection criteria for this grant:

• Well thought-out business idea
• Commitment to building the business
• Readiness to participate in the program

Here are additional relevant details for this grant:

• The program emphasizes positive mental health practices and commits to fostering a safe, non-judgmental learning environment for all participants.
• Participants have access to a robust virtual alumni community for continued collaboration and support beyond the program.