Starter Company Plus Grant Program

The Starter Company Plus applications are now open for the 2021 program and will close on March 12, 2021, at 11:59 pm.

Starter Company Plus is a training program for people who want to start a new business, purchase an existing business, or expand their existing business.

Program participants have the option to apply for a grant of up to $5,000 upon the completion of a business plan.

How it Works

Starter Company Plus provides training sessions on important business topics. Program participants work with the Programs Coordinator to complete a business plan for their new start up, business purchase, or expansion.

Upon completion of a business plan, participants may apply for a grant of up to $5,000. Grant recipients also receive mentorship as part of the program.

Eligibility Requirements

You are eligible for Starter Company Plus if you are:
People who are currently enrolled in another provincial entrepreneurial program (such as Social Enterprise Northern Ontario (SENO) or Futurpreneur) are not eligible for Starter Company Plus.

Your business is eligible as long as it:

Businesses not eligible include:

Program Participants

Frequently asked questions (FAQ)

Are businesses owned in partnership with two or more people eligible for Starter Company Plus?

Yes. A partnership agreement must be in place and all partners must sign and agree to the terms of the Starter Company Plus Grant Agreement.

Are the training sessions mandatory?

No. Working with the Programs Coordinator to complete a business plan is mandatory. For grant recipients, the mentorship component is also mandatory as well as the submission of a short report at the end of the three-month period following the grant committee meeting.

What is a business plan?

A business plan is a formal document that explains a business’s viability and plans for success. The business plan sets out a business’s objectives as well as strategies for achieving them.

Am I ready for Starter Company Plus?

Businesses that are past the idea stage, ready for investment, and led by committed and focused entrepreneurs are the right fit for this program.

What is the Thunder Bay & District Entrepreneur Centre?

We are one of 56 small business enterprise centres (SBECs) in Ontario. Funded through a partnership between the Province of Ontario and the City of Thunder Bay, The Thunder Bay & District Entrepreneur Centre helps small businesses start up, expand, and succeed. Our one-to-one business counseling, comprehensive referrals, and leading-edge information make us a great first stop if you’re starting a business, or even thinking of starting a business.

Check out Digital Mainstreet, a resource for entrepreneurs/small business owners.
The Starter Company Plus progam is proudly supported by:

Incentives

Opportunity

Resources

Events

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