Youth Ventures NL
NL, Canada
Help for young entrepreneurs in Newfoundland and Labrador
grant_single|update January 24, 2025
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Youth Ventures NL
grant_single|status
grant_card_status|open
grant_single_labels|preview
Business planning, marketing, financial advice, human resources information and mentoring for youth aged 12 to 29.
grant_single_labels|projects
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.
grant_single|admissibleProjectsExample
$ 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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
Youth aged 12 to 29 who are interested in entrepreneurship are eligible to apply, particularly students across Newfoundland and Labrador seeking to start businesses.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
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.
grant_single_labels|criteria
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.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: 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.
- Step 2: 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.
- Step 3: Develop a Business Plan
- Work with the Regional Coordinator to create a comprehensive business plan.
- Include market research, financial projections, and marketing strategies.
- Step 4: 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.
- Step 5: 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.
- Step 6: Follow-Up and Receive Feedback
- Await feedback or additional requests for information regarding your application.
- Provide any further documentation if required.
- Step 7: 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.
grant_single_labels|otherInfo
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
