How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Youth Ventures NL?

Youth Ventures NL is funded by Youth Ventures NL

What are Youth Ventures NL's eligibility criterias?

Participants must be aged 12 to 29. Open to students interested in starting a business within Newfoundland and Labrador.

Youth Ventures NL

Last Update: January 24, 2025

NL, Canada

Help for young entrepreneurs in Newfoundland and Labrador

Youth Ventures NL at a glance

Eligible Funding

No Condition

Timeline

Continuous Intakes

Financing Type

Expert Advice

Eligible Industries

All industries

Grant Providers

Youth Ventures NL

Status

Open

Overview of the Youth Ventures NL program

Business planning, marketing, financial advice, human resources information and mentoring for youth aged 12 to 29.

Eligible projects & activities

Youth Ventures NL provides various supports to students who want to start their own business. The eligible projects and activities focus on essential aspects of starting and managing a business, as well as personal mentorship and guidance.

Business idea development and conceptualization.
Creation and refinement of business plans.
Conducting market research to validate business concepts.
Guidance and direction towards obtaining financing and financial advice.
Support for marketing efforts, including assistance with promotional materials.
Ongoing mentoring and personal support from business professionals.
Providing human resources information and advice for new businesses.

Examples of admissible projects:

$ 30,000

Establishing a youth-led gardening initiative to promote sustainable urban living

$ 30,000

Developing an artisanal bakery with a focus on locally sourced ingredients

$ 50,000

Creating a business incubator for young entrepreneurs in the tech sector

$ 30,000

Establishing an eco-friendly café with a focus on zero-waste principles

$ 45,000

Launching a mobile app providing mental health resources for youth

$ 35,000

Launching an online platform to connect young artists with business opportunities

Eligibility criteria of the Youth Ventures NL program

Eligibility for accessing the Youth Ventures program is based on specific age-related criteria and participation scope.

Applicants must be aged between 12 and 29 years old.
The program is available to students across Newfoundland and Labrador.
The program is specifically designed for those interested in entrepreneurship.

Who is eligible?

Youth aged 12 to 29 who are interested in entrepreneurship are eligible to apply, particularly students across Newfoundland and Labrador seeking to start businesses.

Eligible expenses

This grant aims to support activities that foster entrepreneurship and business development among young individuals. It focuses on empowering youth aged 12 to 29 by providing them with the necessary resources and guidance to initiate and grow their own businesses.

Business planning and strategy development for start-ups led by youth.
Marketing support and advice tailored for young entrepreneurs.
Financial guidance and assistance for youth-led business ventures.
Access to human resources information to aid in business development.
Mentorship programs for young individuals interested in entrepreneurship.
Support for creating promotional materials such as flyers for youth-owned businesses.

Eligible geographic areas

This grant is specifically available to young entrepreneurs located within Newfoundland and Labrador, as it is delivered through multiple local sites across the province.

All regions across Newfoundland and Labrador.

Eligibility criteria of the Youth Ventures NL program

The evaluation and selection criteria for this specific grant were not provided in the context or through accessible online resources, hence detailed criteria and point scores cannot be listed.

How to apply to the Youth Ventures NL program

Explore Eligibility and Resources

Review the Youth Ventures program guidelines to ensure eligibility.
Explore available resources and supports provided by Youth Ventures, such as business planning tools and marketing advice.

Contact a Regional Coordinator

Find and contact one of the 25 Regional Coordinators across Newfoundland and Labrador for guidance and support.
Discuss your business idea and receive assistance in shaping it into a viable business plan.

Develop a Business Plan

Work with the Regional Coordinator to create a comprehensive business plan.
Include market research, financial projections, and marketing strategies.

Identify Funding Opportunities

Get guidance from the Regional Coordinator on available funding opportunities specific to your business idea and needs.
Prepare any required documentation to apply for financing options.

Submit Your Business Plan

Submit your completed business plan and any supplementary documents to the relevant Youth Ventures contact or funding agency as advised.
Ensure all documents meet submission guidelines and deadlines.

Follow-Up and Receive Feedback

Await feedback or additional requests for information regarding your application.
Provide any further documentation if required.

Participate in Program Activities

If accepted, engage in the activities and supports offered by Youth Ventures, such as mentoring and workshops.
Utilize these resources to refine and implement your business venture.

Additional information

Youth Ventures empowers young people aged 12 to 29 to turn their hobbies and passions into profitable businesses, offering support in business planning, marketing, financial advice, and more. The program operates across Newfoundland and Labrador with 25 regional coordinators available to assist students each year.

Open to youth aged 12-29
Assistance available from May-September, with a Provincial Coordinator available year-round
Started in 1992 on the Northern Peninsula
Delivered through 25 sites in partnership with multiple organizations
Helps nearly 300 students annually start almost 200 businesses
Program includes help with creating flyers and market research
Partnerships with CBDCs, Chambers of Commerce, Community Youth Networks, Regional Development Boards, and Town Councils