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Youth

Micro-Grant

About

 

The Youth Microgrant is designed to support young entrepreneurs aged 15 to 29 by providing financial assistance to help grow their businesses. This grant offers up to $3,000 to eligible applicants who demonstrate a strong business concept, financial need, and a clear plan for expansion.

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To apply, candidates must submit a detailed business summary, outlining their company’s purpose, operations, and future goals. They must also provide financial information to illustrate their current financial standing and explain why they require funding. Additionally, applicants must present a well-defined business growth plan, showcasing how they intend to utilize the grant to enhance their operations.

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​Funding Your Business Growth

​​All applicants will be interviewed as part of the selection process. Grant approval will depend on the quality of the application, financial need, and business growth potential. This microgrant aims to empower young entrepreneurs by providing the necessary resources to take their business to the next level.

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Funds can be used for essential business expenses such as equipment, marketing materials, licenses, business registration fees, software, and hardware. However, certain costs, including raw materials, staffing, taxes, debt repayment, leasing agreements, and promotional swag, are not eligible for funding.

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ELIGIBILITY CRITERIA

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15 – 29 years old

  • Business Summary

  • Financials and financial need

  • Business growth plans

  • Interview

Ready to take your business to the next level? Submit your application today!

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*Deadline: March 14th

*** If you have any issues accessing the link, email us at programs@connexionworks.ca ***

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