Starter Company PLUS Program

Program Overview

The City of Mississauga’s Mississauga Business Enterprise Centre(MBEC) offers the Starter Company PLUS program. This program will assist people 18 years and over interested in starting, growing or purchasing a business in Mississauga.

The program provides:

  1. Free training and business skills development
  2. Free mentorship and guidance
  3. Opportunity to apply for a program grant of up to $5,000 after the completion of mandatory training and mentoring. Acceptance and participation in the program does not guarantee receiving the program grant.

The Starter Company PLUS Program is delivered by the Mississauga Business Enterprise Centre (MBEC) for the Mississauga area at the Mississauga Central Library. The program is funded by the Government of Ontario and is delivered by Small Business Enterprise Centres (“SBECs”) across Ontario who are part of the Province’s Ontario Network of Entrepreneurs (ONE). For information about the program outside of the Mississauga area, please refer to the list of Small Business Entrepreneur Centres and Community-Based Provider Locations in Ontario.

L’informations sur l’entreprise en démarrage plus est disponible en français ICI

Mississauga’s Starter Company PLUS program is currently closed. Please check our website for updates on the program availability in 2019.

Are you Eligible to Apply to the Program?

To be eligible for the Starter Company PLUS Program, you must meet ALL of the following eligibility requirements:

  • Be 18 years of age or older at the time of application
  • Not attending school full time nor returning to school
  • Be a resident of Ontario
  • Be a Canadian citizen or permanent resident of Canada
  • Be proposing a new business, expansion of an existing business or buying a business in Ontario
  • Be prepared to commit a minimum of 35 hours a week to running a full-time business
  • Be prepared to attend scheduled training and/or mentor meetings
  • 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
  • Not have received a Starter Company Program grant in the past
  • If there are 2 or more partners in the business , the partner who has been accepted into the program must own minimum of 51% to be eligible to apply for the program grant.
  • Provide proof of 25% contribution of the potential program grant ($1250).  Contributions can be in cash or in-kind contributions.

To be eligible, a business or proposed business must:

  • Be an independent business venture
  • Not be a business that relies on commissioned sales
  • Be a legal business in Ontario
  • Not be a franchise
  • Operate at arm’s length from family business ventures
  • Operate full-time as defined in the business plan
  • Maintain its own books and records
  • Maintain a separate bank account
  • Follow all government rules and regulations and applicable by-laws for the operation of the business
  • Be sales ready at the time of funding
  • Applicant must be a Canadian Citizen or Permanent Resident
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What is the Process to Apply?

Mississauga’s Starter Company PLUS program is currently closed. Please check our website for updates on the program availability in 2019.

The process of applying to the Starter Company PLUS Program in Mississauga involves two simple steps, including completing an online application

  1. Verify if you meet the eligibility requirements to apply to the program.
  2. After confirming your eligibility, you can complete the online application including information about your business concept, attaching your resume (mandatory) and other optional supporting documentation.

Before starting your online application, we recommend that you spend time thinking about your new business idea, your business expansion plans or information about the business you would like to purchase. As part of the application process, you will be required to provide information about your business including:

  • Product/Service description
  • Marketing/Promotions
  • Customers/Target market
  • Competitors
  • Financials (i.e. Start up/Expansion budget)

PLEASE NOTE:

  • To be considered to be a participant of the program you must complete the online program application, comply with the program requirements and the program terms and conditions provided by the City of Mississauga and the Government of Ontario.
  • Successful applicants will be notified of their acceptance as a participant in the program.
  • There are limited spots available for participation in the program.
  • Submission of your program application does not guarantee your acceptance into the program as a participant, nor the receipt of the program grant.
  • Incomplete program applications will not be considered.
  • The process by which this program is delivered is subject to change.

PROGRAM GRANT

Once accepted as a participant in the program, you may have the opportunity to apply for the program grant. There is a separate application process for the program grant which is available to program participants after completion of mandatory training and mentoring sessions. Further details of the grant application process will be provided to the program participants in the training seminars during the program.

If you have any questions about the program, please contact MBEC at 905-615-4460 Monday to Friday, 9am to 5pm.

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Frequently Asked Questions

What is the difference between the Starter Company Program and the Starter Company PLUS Program?

The Starter Company Program for youth 18yrs to 29yrs has come to an end in June 2017. The New Starter Company PLUS Program launched in July 2017 in Mississauga for people 18 years and over who are interested in starting, growing or purchasing a business.

What do I need to do to participate in the Starter Company PLUS Program?

To participate in the Starter Company PLUS Program in Mississauga, applicants must meet the eligibility criteria, complete the online application for consideration to be accepted into the program.

What is the expected time commitment for the Starter Company PLUS program in Mississauga?

Once accepted into the program, a participant can expect to spend a minimum of 12 hours of training and a minimum of four hours of mentoring over a 3-4 month period. The number of hours and program duration is dependent on the type of business and training needs of the program participant. As a participant, you will be required to attend mandatory training sessions and/or mentoring sessions during business hours and/or selected weekday evenings.

In addition, as a participant of the program you would be required to commit a minimum of 35 hours per week to run your business.

Can I start any type of business, or are some types excluded?

A business can be a new start-up, existing business expansion or the purchase of a business. As long as the applicant is fully responsible for the on-going operation of the business and is the majority shareholder in the case of a corporation, most types of businesses are allowed under the program.

What is the Eligibility Criteria for Businesses accepted into the Starter Company PLUS program?

To be eligible, a business or proposed business must:

  • Be an independent business venture
  • Not be a business that relies on commissioned sales
  • Be a legal business in Ontario
  • Not be a franchise
  • Operate at arm’s length from family business ventures
  • Operate full-time as defined in the business plan
  • Maintain its own books and records
  • Maintain a separate bank account
  • Follow all government rules and regulations and applicable by-laws for the operation of the business
  • Be sales ready at the time of funding
  • Applicant must be a Canadian Citizen or Permanent Resident

Can my business be a partnership?

Yes. A business may be a sole proprietorship, partnership or corporation. Only one member of a partnership can apply to the Starter Company PLUS program to be considered for participation in the program. For corporations and partnerships, the Starter Company PLUS participant must own at least 51 percent of the business. This participant must be responsible for the ongoing management of the business.

How much grant funding is available and do I need to invest my own funds?

Participants have the opportunity to apply for a grant of up to $5,000. Participants are expected to contribute 25% of the grant amount they are requesting. This may include asset-based in-kind contributions at fair market value, such as equipment or machinery required to run the business, e.g., ladders/scaffolding for a painting company, camera and lenses for a photographer.

How do I apply for the program grant in Mississauga?

In order to apply for a program grant in Mississauga, you must be accepted as a participant in the Starter Company PLUS Program in Mississauga and you must have completed the assigned training and/or mentoring sessions. After acceptance into the program and the completion of training and/or mentoring sessions you will be required to submit a separate grant application including a business plan to be considered for a grant opportunity.

In addition, if there are two or more partners in your business, the one partner (must own minimum 51%) who has been accepted into the program is eligible to apply for the Starter Company PLUS grant of up to $5,000. Grants will not be given to multiple individuals in the same business.

If my business is not selected for grant funding can I still get mentoring and training?

Yes. Even if your business is not selected to receive a grant, you can still participate in the training and mentoring components of the program to help you with your business.

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Testimonials

 

“I have had a great experience working with MBEC and the Starter Company PLUS Program as I was working to get my Physiotherapy Clinic up and running…I received invaluable personalized assistance with many aspects of my business, from preparing the business plan, financials, and social media marketing strategies, and was able to successfully pitch for the $5000 grant.  That money has been key for me being able to buy signs for my clinic windows, and clinic equipment that I could purchase and use immediately.” 

-Lynda McClatchie, PT, MSc, CertMDT, Owner of Elevation Physiotherapy & Wellness (Starter Company PLUS Program 2017)


“… The mentorship, grant and support offered as part of Starter Company PLUS program, strengthened my existing business, helped me to expand, and was instrumental in executing my vision for the business.“ 

-Praveen Udagani, Founder of Flaxy Inc. (Starter Company PLUS Program 2017)


“The Starter Company Plus program is a strong way to learn more about your business, utilize smart training from MBEC and a must do for those looking to expand.  The knowledgeable leadership team was able to answer all my questions and provide sound advice on moving forward with expanding my business.  Great team, great info; I fully endorse the program!”

– Jay K, Founder of Modern Mississauga  (Starter Company PLUS Program 2018)

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How to Apply to the Program

Mississauga’s Starter Company PLUS program is currently closed. Please check our website for updates on the program availability in 2019.

  • You are required to complete and submit an online application to be considered for participation in the Starter Company PLUS program in Mississauga by the closing deadline noted above.
  • Submission of your program application does not guarantee your acceptance into the program or program grant.
  • Take the time before applying to ensure you have met the eligibility criteria.
  • It is also recommended to review the Frequently Asked Questions (FAQ’s) prior to completing the program application.
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Fall 2018 Schedule

To help you plan your schedule and before you apply, please find below the dates and times of the training and mentoring sessions offered in the program. Please note that these sessions are mandatory to complete to be eligible to apply for the program grant. To be eligible to apply for the program grant, you are required to attend a minimum of 12 hours of training and a minimum of four hours of mentoring.

Training Sessions:

  • Monday Sept. 10, 2018 5:30 p.m.- 8:30 p.m.
  • Tuesday Sept. 11, 2018 5:30 p.m.- 8:30 p.m.
  • Wednesday Sept. 12, 2018 5:30 p.m.- 8:30 p.m.
  • Thursday Sept. 13, 2018 5:30 p.m.- 8:30 p.m.

Mentoring Sessions:

  • Tuesday Sept. 18, 2018 5:30 p.m.- 7:30 p.m.
  • Saturday Sept. 22, 2018 10:00 a.m. – 2:00 p.m.
  • Tuesday Sept. 25 2018 5:30 p.m.- 7:00 p.m.
  • Tuesday Oct. 2, 2018 5:30 p.m.- 7:00 p.m.
  • Monday Oct. 9, 2018 5:30 p.m.- 7:00 p.m.
  • Thursday Oct. 11, 2018 5:30 p.m. – 7:00 p.m.
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Contact Us

If you have any questions about the program, please contact MBEC at 905-615-4460 Monday to Friday, 9 a.m. to 5 p.m. or

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