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Summer Company

May 17, 2024

Value

$3,000

Description

Through a program called Summer Company, you can get:

  • start-up money to kick-off a new summer business
  • advice and mentorship from local business leaders to help get the business up and running

Learning how to run your own student business is one of the best summer jobs you can have. You get to be your own boss while learning what it takes to manage a business. Sales, marketing, bookkeeping, customer relationship management and networking are just a few of the highly useful skills you’ll develop.

Eligible Applicants

You could be eligible, if you:

  • go to high school, college or university
  • live in Ontario
  • are a Canadian citizen or permanent resident
  • are between 15-29 years old (if under 18: a parent or guardian must sign the agreement for the applicant)
  • are not already running a business
  • are not working at another job or going to school for more than 12 hours a week during the program
  • are returning to school after the program ends

You cannot apply again, if you have received a Summer Company grant in the past.

If you are on social assistance (Ontario Works or Ontario Disability Support Program) you can still apply to Summer Company. Payments from the program may be exempt as income and assets under social assistance, so your monthly social assistance payment may not be affected.

Eligible Expenses

Successful Summer Company applicants get:

  • up to $1,500 up front to help with start-up costs
  • up to $1,500 when you successfully complete the program requirements

You can choose to start almost any type of business, as long as it:

  • is a sole proprietorship or corporation (where you are the majority shareholder)
  • is an independent business venture (not a part of an existing or family business)
  • qualifies as “self-employed” for income tax purposes
  • operates in Ontario on a full-time basis
  • follows government rules for operating a business

Deadline Date

Open and closes. The general program deadline for applications is May 17, 2024.

Contact

Contact Name: Ontario - Small Business Enterprise Centre

Phone Number: 1-888-576-4444 or 1-800-387-5656

Website: https://www.ontario.ca/page/start-summer-company-students

Industry:

Employment

Location:

Ontario

Tags:

Entrepreneurship, Start-up

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

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Canada

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Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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