archived
Young Entrepreneurs Program
Grants for young Manitoba entrepreneurs
Last Update: March 9, 2026
Funding available
$ 500 - $ 10,000
Timeline
- Archived
Location
MN, Canada
Overview
Receive up to $10,000 to defray start-up costs and capital expenditures.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Complete an acquisition or business transfer
Eligible Funding
- Maximum amount : 10,000 $
- Minimum amount : 500 $
- Up to 25% of project cost
Timeline
- Archived
Eligible candidates
Eligible Industries
- All industries
Location
- MN
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Young Entrepreneurs Grant is designed to assist Manitoba youth in launching and sustaining new business ventures. The funding supports essential startup and capital expenditures necessary for business establishment and growth.
- Covering eligible startup costs such as license fees, space rental, and utility setup.
- Providing financial assistance for capital expenditures, including recent purchases of land, buildings, and office equipment.
- Facilitating inventory management by covering costs related to raw materials and finished goods.
- Supporting necessary operational costs like telephone installations and office supplies to ensure smooth business functioning.
Eligibility
Who is eligible?
The Young Entrepreneurs Grant is designed for young individuals aged 18 to 29 who are aspiring to start or have recently started their own business in Manitoba. Eligible applicants must be Canadian citizens or have landed immigrant status and be actively involved in all aspects of their business on a day-to-day basis. The principal applicant should be dedicated to establishing a viable, profit-driven business that provides full-time self-employment, with operations based in Manitoba.Who is not eligible
This grant excludes certain applicants based on specific conditions related to their business ventures or funding statuses. The restrictions ensure compliance with the program's intention to foster new entrepreneurial initiatives.
- Expansion of the applicant's existing business.
- Businesses that cannot provide the applicant with a living wage (provincial minimum wage).
- Applicants who are receiving grant funding from any other Federal or Provincial program. (Note: loans and loan guarantees are not considered grants.)
- Applicants who have received the Young Entrepreneurs Grant in the past.
- Purchase of existing businesses that provide regulated professional services in self-governing professional occupational categories in Manitoba.
Eligible expenses
The Young Entrepreneurs Grant offers financial assistance to young individuals in Manitoba for starting their own full-time businesses. The grant covers a range of eligible startup and capital costs to support new business ventures.
- License fees for establishing the business.
- Rental costs for business premises.
- Installation and utility expenses related to business operations.
- Office supplies and equipment rental necessary for business activities.
- Business-related travel costs.
- Inventory costs, with eligibility for reimbursement up to 50% of expenses.
- Acquisition of land and buildings for the business.
- Purchases of office equipment and significant fixtures.
Eligible geographic areas
This grant is specifically designed for businesses based in Manitoba, as outlined by the program's regional restrictions. The eligible geographical area ensures the support is provided within the province to stimulate local economic growth.
- Manitoba, Canada
Additional information
Here are additional relevant details for applicants of the Young Entrepreneurs Grant:
- Applicants are expected to maintain and submit a log of the daily hours and activities during the first 300 hours of business operation.
- The grant funding received will be considered taxable income in the year it is issued.
- Approved grant recipients are required to contribute at least 25% of the start-up costs from their own resources.
- Public announcements may be made regarding individuals who receive the Young Entrepreneurs Grant.
- Participation in an evaluation of the grant program is required to provide outcomes related to business viability and sustainability.
- Additional documentation may be requested to verify eligibility requirements during the assessment process.
- Correspondence may be received in the future about workshops and training opportunities for young entrepreneurs.
- The decision of the grant funding amount is at the absolute discretion of the government staff managing the program.
Contacts
Frequently Asked Questions about the Young Entrepreneurs Program Program
Here are answers to the most common questions about the Young Entrepreneurs 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 Young Entrepreneurs Program?
Receive up to $10,000 to defray start-up costs and capital expenditures.
How much funding can be received?
Young Entrepreneurs Program Funds up to 25% of admissible expenses, capped at $10,000 per project.
Who is eligible for the Young Entrepreneurs Program program?
To be eligible for the Young Entrepreneurs Program program, you must:
Businesses must have been in full operation for up to twelve months of submitting the application.
Ventures must be year-round and permanent in nature, providing the principal applicant full-time self-employment in Manitoba.
Business must be created for making a profit and providing the applicant with at least a minimum wage income.
What expenses are eligible under Young Entrepreneurs Program?
The Young Entrepreneurs Grant is designed to assist Manitoba youth in launching and sustaining new business ventures. The funding supports essential startup and capital expenditures necessary for business establishment and growth. Covering eligible startup costs such as license fees, space rental, and utility setup.
Providing financial assistance for capital expenditures, including recent purchases of land, buildings, and office equipment.
Facilitating inventory management by covering costs related to raw materials and finished goods.
Supporting necessary operational costs like telephone installations and office supplies to ensure smooth business functioning.
Who can I contact for more information about the Young Entrepreneurs Program?
You can contact Government of Manitoba by email at youthpartnerships@gov.mb.ca or by phone at 204-945-2500.
Where is the Young Entrepreneurs Program available?
The Young Entrepreneurs Program program is available the province of MN.
Is the Young Entrepreneurs Program a grant, loan, or tax credit?
Young Entrepreneurs Program is a Grant and Funding
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