New and existing business owners who are either launching a new venture or have been in business for less than five years have an opportunity to pitch for up to $5,000 to support their business operations from Starter Company Plus.
Kingston Economic Development (EcDev) is accepting applications for the Starter Company Plus program beginning today, Monday, Sept. 25, 2023, until Wednesday, Oct. 4, 2023. According to a release from Kingston EcDev, the Starter Company Plus program offers training, one-on-one guidance, business mentorship and more. Offered by Kingston Economic Development and funded by the Government of Ontario, this program empowers aspiring entrepreneurs and business owners to start and grow their businesses.
“The Starter Company Plus program has been a game changer for new Kingston area entrepreneurs. Whether you are looking for a bit of funding to assist with your start-up costs or you are looking for guidance and advice on things like your business plan, marketing strategies, or cash flow management, Starter Company Plus can help. I’d encourage all who are looking for assistance in any of these areas to consider applying for the program,” said Rob Tamblyn, Business Development Manager – Small & Medium Enterprises with Kingston Economic Development.
Successful candidates accepted into the program will gain access to invaluable business training and one-on-one coaching, according to the release. Each year, Kingston Economic Development allocates a total of $70,000 in microgrants to support new and growing ventures through the Starter Company Plus program. Eligible individuals can pitch their business ideas to secure microgrants of up to $5,000.
“The program is very beneficial. It covers many aspects of running a business, and I learned many things, starting from the lease contract, to how to do market research, marketing, understanding financial terminologies, digital sales, and legal point of view,” said Anjlik Jaghlassian, Founder, NourishCo Health Inc. and Starter Company Plus Spring 2023 Participant. “I highly recommend the program to everyone with an idea to launch a small business.”
Participants will be required to attend a weeklong virtual business bootcamp, where they will receive valuable insights into business start-up and expansion, as well as business plan templates such as cash flow projections and business plans, according to Kingston EcDev.
Applications for the Fall 2023 cohort are now open until October 4, and the fall bootcamp will run from October 16 to October 27. Visit investkingston.ca/startercompanyplus to apply.