Alberta Self-Employment Program
Highlights
This program is designed for business owners like you who are ready to start a new venture. It offers formal training, business plan development, and one-to-one business counselling. These resources will help you build a strong foundation for your business. The program is tailored to provide you with the skills and knowledge you need to succeed.
Why should you apply? The program provides financial assistance to support your living costs while you focus on your training. This means you can dedicate your time to developing your business without worrying about immediate financial pressures. Additionally, the one-to-one coaching and guidance ensures you have expert support every step of the way. This program is a unique opportunity to turn your business idea into reality with comprehensive support and minimal financial risk.
Financing Details
Type of Financing: Grant
Eligible Expenses:
- Training costs for business development.
- Business plan development expenses.
- Costs associated with one-to-one business counseling, coaching, and guidance.
Ineligible Expenses:
- Personal living expenses not related to the business.
- Purchase of physical assets such as equipment or real estate.
- Any expenses incurred before the grant approval date.
Fees:
- No fees associated with applying for or receiving the grant.
Qualifications
- Must be an unemployed or under-employed adult.
- Must be a permanent resident or Canadian citizen.
- Must be seeking to start a business for the purpose of self-employment.
- Must be willing to commit to participate in full-time training.
Must remain connected to the labour market.
Disqualifications:
- Individuals who are not residents of Alberta.
- Individuals who are not permanent residents or Canadian citizens.
- Individuals who are not willing to commit to full-time training.
Description
This program provides you with formal training, business plan development, and one-to-one business counselling to help you start your new business. You will receive coaching and guidance tailored to your needs, ensuring you have the support to succeed.
Financial assistance may be available to help cover your living costs while you are in training. This means you can focus on building your business without worrying about your day-to-day expenses.
The program is designed to offer comprehensive support from start to finish, making it an excellent opportunity for you to turn your business idea into reality.
Program Steps
Review the Training and Employment Services Directory: Start by reviewing the directory to find a Self-employment Program provider near you.
Connect with a Training Provider: Reach out to the organization that offers the program to confirm your eligibility and understand the specific details of their course content and timeframes.
Prepare Required Documentation: Gather the necessary documents for your application. These typically include:
- Proof of permanent residency or Canadian citizenship
- A detailed business plan
- Financial statements or projections
- Identification documents
- Any other documents specified by the training provider
Complete the Application Form: Fill out the application form provided by the training organization. Ensure all sections are completed accurately.
Submit the Application: Submit your completed application form along with the required documentation to the training provider.
Attend an Interview or Information Session: Some providers may require you to attend an interview or information session to discuss your business idea and commitment to the program.
Wait for Approval: The training provider will review your application and notify you of their decision. This may include additional steps or requests for further information.
Begin Training: Once approved, you will start the formal training, business plan development, and one-to-one business counselling as outlined by the program.
Utilize Financial Assistance (if applicable): If you qualify for financial assistance, ensure you understand the terms and how to access the support for your living costs during the training period.