613-342-0040 or 1-844-4BIZADV (844 424-9238) info@lgsmallbusiness.com

Starter Company Plus

How it works

Starter Company Plus includes:

  • one-on-one guidance from a Small Business Enterprise Centre advisor
  • access to a business plan boot camp and coaching/training from professional consultants and coaches
  • funding of up to $5,000
  • training and mentorship that will better position you to be more successful and profitable in your business and to obtain more traditional financing

Who is eligible

Individuals applying for the Starter Company Plus must satisfy the following Starter Company Plus Initiative eligibility requirements:

  • be 18 years of age or older at the time of application
  • have started a new company, expansion of an existing company or buying a business in Ontario
  • not attending school full time nor returning to school
  • A Canadian citizen and Ontario resident who is residing in the Leeds Grenville area, aged 18 and over
  • not enrolled in other provincial employment or self-employment related programs that include or do not include financial assistance
  • not currently enrolled concurrently in any self-employment or entrepreneurship training/financing programs offered by government funded organizations.

Suitable applicants must also –

  • Be generating income
  • Be a business of any age with 20 employees or less
  • Have contributed at least 25% (in cash or in kind) of the grant amount.

Suitable applicants can also –

  •   Be a business that has been adversely affected by COVID.  The affect of COVID must be demonstrated in the new supplemental application. Suitable applicants would –

o   See the necessity in writing a business plan and creating a cash flow to refocus business ideas and/or pivot to accommodate new opportunities and buying patterns. 

o    Wish to receive business coaching and foundational business training from our business advisors

**A supplemental application will be added to give us an overall outlook of your business with questions that will include a snapshot of how you were affected by COVID and your recovery goals.

 Suitability guidelines have been adjusted to assist businesses in the Leeds Grenville area who have been affected/impacted by Covid-19

Those who aren’t eligible

Non-profits will not be eligible for the grant but may be eligible to take part in the training.  This will be looked at on a case by case basis.

If you are on  Ontario Disability Support Program you can still apply to Starter Company Plus. Payments from the program may be exempt as income and assets under social assistance, so your monthly social assistance payment may not be affected. The onus is on you to make sure all information is communicated to your ODSP case worker.

If you are on Ontario Works then you are not eligible for Starter Company Plus.

Previous Starter Company and Starter Company Plus participants.

Targeted Sector – Tourism

For 2019-2021, 4 seats have been reserved for tourism-oriented businesses.

You can apply if you are:

  • A Canadian citizen and Ontario resident who is residing in the Leeds Grenville area, aged 18 and over
  • Working in your business seasonally, 4 -6 months per year; 30-40 hours a week during your seasonal time.
  • Generating income in “normal” times but affected by COVID.
  • In business for at least one season
  • Employing 1 or more Full Time Employees during peak times.

How to apply

Our next Information Session is December 2nd. Please  register hereInformation sessions are mandatory.  

Contact us today to set up an appointment to receive guidance on next steps in your business, if you haven’t met with us yet, or if you have any further questions.

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