Youth Entrepreneurship

If you're between the ages of 15-29, in school & returning to school in the fall, ask us about Summer Company! If you're between the ages of 18-29 and out of school, ask us about Starter Company!   

Featured Business
Topline Photography

Topline Photography started in early 2015 and is owned and operate ...

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Starter Company Program Guidelines

You are eligible for Starter Company if you are:

  • Between 18 and 29 years of age and not attending school full time
  • Operating a business, proposing a new business, expanding or purchasing a business
  • A Canadian citizen or permanent resident living in Ontario
  • Prepared to commit a minimum of 35 hours per week to operating your business
  • Prepared to attend mentor meetings for six months after the start of your business
  • Prepared to take part in identified Business Training
  • Not already a participant in other programs such as Self Employment Assistance

Almost any type of business is eligible, as long as it is:

  • A sole proprietorship or a corporation where the applicant is the majority shareholder
  • An independent business venture - not a franchise
  • Operates at arm’s length from any family business ventures in Ontario
  • Operates full-time and maintains its own books and records
  • Maintains a separate business bank account, following government rules and regulations for operating a business

Businesses not eligible for Starter Company include:

  • Partnerships that are 50% shared, franchises, commissioned sale or distributorships
  • Business ventures that are continuations of existing commercial endeavours
  • Not -for-profit or charitable enterprises
  • Multi-level marketing ventures
  • Single events such as musical ventures, bands, DJ’s or dance/party event organizations
  • Businesses that are strictly pay per click and 1-900 businesses

For Successful completion you must:

  • Participate in the training and coaching program
  • Meet with the business mentor for the duration of the program
  • Substantially meet your business plan objectives
  • Complete a business journal for the duration of the program

Note: The Small Business Advisory Centre Smiths Falls/Lanark County, may at its sole discretion, determine a particular business is inappropriate for the Starter Company program.

 

 

For more info on Starter Company fill out the form below & you will be contacted as soon as possible. 

Application form

 

 

Next Intake starts February 22, 2016, contact us today for more information!

 

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