Starter Company Plus Grant Program
Applications for the Miinikaanan Badakidoon Starter Company Plus program are now open until January 7, 2022.
The Thunder Bay Community Economic Development Commission (CEDC) is pleased to announce a new chapter for the Starter Company Plus program. With help from our partners at the Ministry of Economic Development, Job Creation & Trade, and Indigenous Affairs Ontario, the Thunder Bay and District Entrepreneur Centre has opened a new Indigenous funding stream for the Starter Company Plus Program called: Miinikaanan Badakidoon – which means “to plant seeds” in Anishnaawbe from the Lake Nipigon dialect.
The Miinikaanan Badakidoon funding will support Indigenous lead business and entrepreneurs across the Northwest region. The program has been adapted to provide business training, mentoring, and grant funding specific to Indigenous entrepreneurs.
For eligible Indigenous clients, additional supports may be available with Anishinabek Employment and Training Services (AETS) such as: a loaner laptop, Internet Hub, Training Allowance, Day Care, etc. To discuss eligibility please contact the AETS Office.
*Applicants who are not eligible for this round of funding will be able to apply to the ongoing Starter Company Plus program during the Spring intake*
This new funding stream was developed in partnership with:
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.
Your business is eligible as long as it:
Businesses not eligible include:
Frequently asked questions (FAQ)
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.
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.
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.
Businesses that are past the idea stage, ready for investment, and led by committed and focused entrepreneurs are the right fit for this program.
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.