Spring Admission for the Starter Company Plus Program
Cornwall, Ontario – The Starter Company PLUS program is once again open for applications.
The Starter Company PLUS program is open to residents of Cornwall, Akwesasne and SD&G aged 18 and over. The program provides successful applicants with unparalleled assistance in starting, expanding or purchasing an existing small business. This help comes in the form of training webinars, business skills development, mentorship by local business leaders, and ultimately potential access to capital.
“Understanding how to go from a business concept to launching a successful business is the main focus of the Starter Company PLUS program,” said Shauna Baggs, Business Advisor at Cornwall Business Enterprise Centre. “CBEC staff work with participants to help develop important knowledge and skills to ensure entrepreneurs have the tools they need to build and maintain a successful business. Through our partnership with the Ministry of Economic Development, Job Creation and Trade, we are able to financially assist eligible participants with a possible micro-grant of up to $4,500.
Applications will be accepted from April 1 to April 15, 2022 and can be viewed online on the Cornwall Business Enterprise website.
Prospective entrepreneurs are encouraged to visit the CBEC website for an overview of the Starter Company PLUS program and to access the online application. CBEC staff will work with approved contractors to schedule the necessary training and ultimately create a business plan, start-up budget and 2-year financial forecast.
Eligible entrepreneurs are those starting their own business, buying an existing business or expanding their existing business. For a business expansion to be eligible for a grant, a new line of services/products must be clearly identified – ideally including the hiring of staff. Upon completion of the training, the candidate is invited to present their business plan and financial forecast to a grant panel to be eligible for a micro-grant of up to $4,500. No funding will be provided to participants during the training module.
The Starter Company program was launched in 2014 to support young entrepreneurs, then relaunched in 2017 as Starter Company PLUS – opening the program up to a much wider demographic. Since its inception, the Cornwall Business Enterprise Center has worked with over 200 participants and helped distribute over $550,000 in micro-grants to local entrepreneurs across the region.
- Entrepreneurs starting, growing or buying a business in Cornwall, Stormont, Dundas, Glengarry and Akwesasne can apply for the Starter Company PLUS program by submitting a program application to the Cornwall Business Enterprise Centre.
- To apply, participants must be residents of Ontario, 18 years of age or older, and no longer attending school.
- Successful applicants may receive a grant of up to $4,500 to help them start/buy/expand their business.
- Applications open April 1, 2022 and close April 15, 2022 at 4:00 p.m. ET.
About the Cornwall Business Center
The Cornwall Business Enterprise Center helps small business owners and entrepreneurs succeed in Cornwall, Stormont, Dundas, Glengarry and Akwesasne by offering information, tools and support during the start-up and growth stages of business operations. This includes administering the Summer Company and Starter Company PLUS programs. The Cornwall Business Enterprise Center is operated by Cornwall Economic Development and funded in part by the Government of Ontario.
The Cornwall Business Enterprise Center is located at 100 Water Street East (Cornwall Civic Complex) and can be reached by phone at 613-930-2787 ext 2276 or online at: