Ontario expands Starter Company Plus program to help additional 500 entrepreneurs

Starter Company Plus program. Image credit: @ONeconomy

Mississauga/CMEDIA: An investment of reportedly $4.8 million over the next two years is being made by the Ontario government to expand the Starter Company Plus program to help an additional 500 entrepreneurs start or grow a business.

“The Starter Company Plus program provides training, mentoring and business advice alongside a grant to help ensure people have the support they need to grow their business,” said Nina Tangri, Associate Minister of Small Business.

Entrepreneurs aged 18 and up with one-on-one support, access to workshops, seminars or networking events,  and grants up to $5,000  to help start or expand a business are being provided by the Starter Company Plus program delivered through the province’s Small Business Enterprise Centres to help start or expand a business. 

This new investment’s increased total funding for the program to $6.5 million per year by Starter Company Plus over the past five years has supported over 5,500 companies resulting in the creation of more than 6,300 jobs across Ontario.

“Ontario’s next generations of entrepreneurs…it is our job to ensure they have the tools they need to thrive in tomorrow’s economy…our government is one step closer to securing Ontario’s place as the best place to do business anywhere in the world,” said Peter Bethlenfalvy, Minister of Finance. 

As an essential part of Ontario’s economy, small businesses play a critical role in our communities, and employs over two million people offering a range of programs and supports to assist entrepreneurs in starting and growing new companies, including Regional Innovation CentresIntellectual Property OntarioSummer Company with advice and business analysis through business advisory services.