Young Entrepreneurs Grant

Overview of the Young Entrepreneurs Grant program:

The Young Entrepreneurs Program, offered by the Government of Manitoba, is designed to support young individuals in Manitoba who are looking to start or expand a business. This program provides financial assistance in the form of grants, helping young entrepreneurs overcome the financial barriers that can hinder the launch or growth of their businesses.

Benefits of the Young Entrepreneurs Grant program:

• The Young Entrepreneurs Program offers a grant of up to $4,000 to eligible applicants, which can be used to cover startup costs, purchase equipment, or expand an existing business. This financial support can significantly reduce the initial financial burden, allowing young entrepreneurs to focus on developing their business ideas and achieving sustainable growth. Additionally, the program helps participants gain valuable business skills and experience, contributing to their long-term success as entrepreneurs.

Eligibility criteria of the Young Entrepreneurs Grant program:

• Age: Applicants must be between the ages of 18 and 29.
• Location: Applicants must be residents of Manitoba.
• Business Stage: The business must be in the startup phase or in the early stages of expansion.
• Ownership: The applicant must own at least 50% of the business.
• Employment: The business must employ fewer than 10 people.