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Youth Partnerships
Entrepreneurship Branch
Ministry of Economic Development
Trade and Employment
5th Floor-56 Wellesley Street West
Toronto ON M7A 2E7
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Canada Near Toronto
Company Description
Want to start your own business this
summer? Be your own boss?
Then Summer Company is for you!
Go
beyond your typical student summer jobs: Turn your ideas into a business.
Do you have ideas for creating your
own company this summer? If you’re a student 15-29 years old in Ontario, you
can turn those ideas into a real business this summer. The Summer Company
program provides up to $3,000, hands-on coaching and mentoring to young
entrepreneurs to help you start and operate your business.
How
it Works
If your application is accepted,
you’ll be eligible to receive up to $1,500 and 12-hours of business training
and mentoring to get you started. Upon successful completion of the program,
you’ll receive up to $1,500 to return to school.
The
possibilities for starting a company are endless. Summer Company helps you take
your ideas and make them a reality. Student summer jobs don’t have to be
boring: be your own boss and gain valuable business experience that will last
you a lifetime. You
never know, one day your summer experience may lead to an exciting career.
If
your application is accepted, you will be eligible to receive an upfront award
of up to $1,500 to put toward start-up costs and up to $1,500 upon successful completion
of the program. Successful completion requires that you:
•
implement your project substantially in accordance with the business plan
•
participate in coaching and training
•
meet with a local business mentor as specified
•
provide documents related to the experience and business operations as
required
in the guidelines, and
•
meet all program requirements for establishing and operating the
business.
Where do I start?
You
are invited to take advantage of business consulting services and resources available
through our network of program providers. A list of program providers is
available through our website. We strongly recommend that you get in touch with
a program provider to assist you with your application.
You are eligible for Summer Company if
you are:
- A student 15 to 29 years of age as of
April 30, 2013. (Note: applicants under 18 must have a parent or
guardian sign the application)
- Proposing a new business (if you are
unsure contact your program provider)
- Attending school and returning to
school in the fall
- A resident of Ontario
- A Canadian citizen or a landed
immigrant
- Not operating an existing or previously
existing business venture
- Not employed elsewhere (working for
more than 12 hours per week) during the term of the operation of the Summer
Company program
- Prepared to commit to a minimum
average of 35 hours a week, for a minimum of 8 consecutive weeks if you are in
high school or 12 consecutive weeks if you are attending post-secondary school.
This should be defined in the business plan. Exceptions may be approved by the
ministry.
You
are not eligible for Summer Company if you are a past participant of a
Summer
Company Award.
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