Popular Summer Company program returns to Dufferin County
The Summer Company program has helped dozens of area youth get a start in small business. Offered by the Orangeville & Area Small Business Enterprise Centre in partnership with the Province of Ontario, Summer Company provides entrepreneurial training, mentorship and grants of up to $3000 to eligible students wishing to start-up and run their own businesses over the summer.
Summer Company participants experience all the challenges and rewards of running their own ventures and, in most cases, earn as much or more than they would have earned at a conventional summer job. In fact, many students will go on to run their companies for several consecutive summers, develop their businesses into full time ventures, or use the experience to start other businesses. The program is a win-win for youth who have good business ideas and are ready to put their entrepreneurial skills to work.
Summer Company participants have launched a wide variety of companies in Dufferin County including lawn, property and gardening services, swimming and fitness classes, farm and equestrian services, IT companies, retail businesses, and many more.
Eligible students who want to take advantage of the opportunity to explore self-employment while developing transferable business skills must:
- have a viable business idea;
- be between the ages of 15 and 29;
- be returning to high school or a post-secondary institution in the fall;
- be willing to work on the business full-time (approximately 35 hours/week);
- be a Canadian citizen or landed immigrant.
Students must complete an online application as well as a business plan outlining their idea, fill in an online start-up budget and cash flow, and attend an interview with the Orangeville & Area SBEC.
If accepted to the Summer Company program, students receive up to $1,500 to help cover the costs associated with start-up, such as equipment, supplies, insurance, and marketing expenses. Over the summer, students build their businesses and receive guidance, advice and support from a group of business mentors. In addition to the profits generated by their businesses, students who have successfully completed all aspects of the program can receive an additional $1500 when they return to school.
Interested students from Dufferin County who would like to apply for the program can visit www.ontario.ca/summercompany or contact the Orangeville & Area SBEC at 519-941-0440 Ext. 2270 for more information and assistance.