Starting a business can be hard—and expensive. Canada Starts is supporting aspiring Canadian entrepreneurs with $200,000 in grants to get you up and running.
How to Apply
- You are a Canadian resident
- You are at least the legal of age of majority in your province or territory of residence
- You are an aspiring entrepreneur with a great idea for a business in Canada.
- You must not be a director of an incorporated company or otherwise be operating your own business in Canada as of September 1, 2020.
The application and selection process involves two phases. All successful applicants must meet the evaluation criteria of both phases in order to receive the full $5,000 grant.
In Phase One, applicants must provide their business idea/concept, how the grant funding will be used, a copy of their business plan, and contact details.
Successful applicants of Phase One will receive $2,500 in grant funding and will be asked to demonstrate that they have established an online presence for their business (i.e business website, social media presence for the business, and/or Google MyBusiness Page) and proof that they have registered a business name (either provincially or federally) in Phase Two in order to be eligible to receive the second tranche of $2,500 in grant funding.
Successful applicants will be contacted by November 1, 2020 to arrange for initial payment of $2,500. The remaining $2,500 will be provided by February 1, 2021 following the successful submission of a follow-up application in Phase Two.