How much funding can be received?

Funds up to 500% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Rise — Youth Small Business Program?

Rise — Youth Small Business Program is funded by Rise

What are Rise — Youth Small Business Program's eligibility criterias?

The business must be led by someone aged 16-29. The business owner must be a Canadian citizen or Permanent Resident. The business leader must self-identify with mental health and/or addiction challenges.

Rise — Youth Small Business Program

Last Update: March 15, 2025

Canada

Business program for youth aged 16 to 29

Rise — Youth Small Business Program at a glance

Eligible Funding

Max. $500

Timeline

Open Date : February 26, 2024

Financing Type

Expert Advice

Eligible Industries

All industries

Grant Providers

Rise

Status

Open

Overview of the Rise — Youth Small Business Program program

Join a free 10-week virtual skill-building program that will help develop your ideas and business plan, and get access to resources such as coaching, financing, and equipment.

Eligible projects & activities

This grant is available to eligible individuals across Canada. The program is designed to be accessible nationwide, providing virtual support to participants in various regions.

Participants from any province or territory in Canada.

Examples of admissible projects:

$ 500

Launching an eco-friendly fashion line for young entrepreneurs

$ 500

Creating a youth coding bootcamp

$ 500

Developing a sustainable online marketplace for local artisans

$ 500

Starting a youth-centric community café

$ 500

Opening a community greenhouse for urban agriculture education

$ 500

Establishing a youth-led multimedia production company

Eligibility criteria of the Rise — Youth Small Business Program 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.

Eligibility criteria of the Rise — Youth Small Business Program program

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

How to apply to the Rise — Youth Small Business Program program

Eligibility Check

Ensure you meet all the eligibility criteria including age, citizenship status, and self-identification with mental health and/or addiction challenges.

Complete the Rise Navigator

If not done already, complete the Rise Navigator to confirm eligibility and receive instructions for the next steps.

Application Form Submission

Access the online application form via the program's website or the provided "Apply Now" link.
Fill out all required fields in the application form, ensuring you provide detailed information about your business idea.

Review and Submit

Review your application for completeness and accuracy.
Submit the application form through the designated submission portal.

Follow-Up

Wait to be contacted by the program team to learn more about your business and to assess your fit for the program.
Stay in touch via email for updates on your application status and available program dates.

Additional information

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.