Professional Development Funds for Leveling Up

Overview of the Professional Development Funds for Leveling Up program:

The Professional Development Fund is a microgrant initiative offered by Business in the Streets (BITS) to help young Canadian entrepreneurs grow their skills, knowledge, and business capacity through continued education and training. With awards of up to $1,000 per applicant, the fund is designed to eliminate financial barriers that prevent young business owners from accessing essential learning opportunities. Eligible expenses include accredited certificate programs, workshops, online or in-person training, and business coaching or mentorship. The fund supports applicants who can clearly demonstrate how the training will improve their entrepreneurial journey and help develop their business. This initiative is especially beneficial for individuals who do not yet have access to traditional business education or who come from underrepresented communities. In addition to financial assistance, successful applicants receive recognition and may be featured in BITS’ community outreach. The program places a strong emphasis on empowerment, with a focus on making professional development accessible to young entrepreneurs who may otherwise be unable to afford such opportunities. The program runs on a rolling basis, meaning applications are accepted and reviewed continuously throughout the year until funds are exhausted.

Benefits of the Professional Development Funds for Leveling Up program:

• Non-repayable grant of up to $1,000
• Covers eligible costs such as business courses, certifications, workshops, and coaching
• Increases access to professional training
• Supports young entrepreneurs in underserved communities
• Flexible use across various learning platforms (online or in-person)
• Recognition from the BITS community
• Boosts applicant confidence and skills to improve business sustainability
• Encourages lifelong learning and entrepreneurial resilience

Eligibility criteria of the Professional Development Funds for Leveling Up program:

• Applicants must be between 18 and 34 years old
• Must be a resident of Canada
• Must be a current or past participant of a BITS program (e.g., Boot Camp, Boot Camp+ or RiseUp)
• Must demonstrate clear relevance of the training to their business or professional development
• Proof of registration or acceptance into the course/training program is required
• Businesses do not need to be incorporated but must show activity or intent
• Applicants should show how the grant will support their entrepreneurial journey and future business growth