CBDC Young Millionaires Program
Highlights
Hello,
Are you ready to unlock a world of possibilities for your young entrepreneur? The Young Millionaires Program in Prince Edward Island is designed just for them. Your child will gain hands-on experience in entrepreneurship through workshops and mentoring. Imagine them turning their ideas into reality with guidance from experienced mentors. This is a chance for them to discover new skills and develop business ideas in a supportive environment.
What's in it for your child? They'll learn valuable skills that can set the foundation for future success. The program offers a unique opportunity to explore entrepreneurship without any financial barriers or revenue requirements. It's open to all, regardless of your business's size or structure. Your child will thrive and grow, gaining confidence and knowledge that will benefit them for years to come.
Don't miss out on this fantastic opportunity. It's easy to qualify, and the benefits are immense. Help your child take the first step towards a bright entrepreneurial future.
Financing Details
Grant: The program offers a non-repayable grant, meaning you don't have to pay the money back. This is a fantastic opportunity to fund your child's entrepreneurial venture without the stress of repayment.
Eligible Expenses: The grant can be used for various expenses related to starting and running a business. These include purchasing materials, marketing activities, and covering operational costs that directly relate to the business project.
Restrictions on Use of Funds: It's important to note that the funds cannot be used for personal expenses or non-business related activities. The grant is strictly for business-related expenditures to ensure the success of your child's entrepreneurial project.
Fees: There are no application or processing fees associated with this grant. This makes it even more accessible as you can apply without worrying about upfront costs.
Qualifications
- Business must be located in Prince Edward Island (PEI).
- Applicant must be between the ages of 9 and 16.
- The program is designed for youth interested in developing entrepreneurial skills.
- Participation involves attending a series of workshops and mentoring sessions.
Description
Your child, aged 9 to 16, has a fantastic opportunity to explore entrepreneurship through the Young Millionaires Program in Prince Edward Island. This program is all about discovering new skills and developing business ideas. It's designed to help young minds learn the ropes of starting and running a business.
Through a series of workshops and mentoring sessions, your child will gain hands-on experience in entrepreneurship. They'll learn valuable skills that can set the foundation for future success. Imagine them getting the chance to turn their ideas into reality with guidance from experienced mentors.
The best part? There are no financial barriers or revenue requirements to worry about. This program is open to all, regardless of your business's size or structure. It's a supportive environment where young entrepreneurs can thrive and grow.
Program Steps
Gather Required Documentation
Prepare the following documents for your application:- Proof of age for your child (birth certificate or ID)
- A brief description of your child's business idea
- Parent or guardian consent form
Complete the Application Form
Fill out the application form available on the program's website. Ensure all sections are completed accurately.Submit the Application
Send your completed application form and required documents to the designated email or physical address provided on the website.Attend an Orientation Session
Once your application is accepted, attend an orientation session. This will provide important information about the program and what to expect.Engage in Workshops and Mentoring
Participate in the scheduled workshops and mentoring sessions. This is where your child will gain hands-on experience and learn valuable entrepreneurial skills.Provide Feedback
After the program, share your thoughts and feedback. This helps improve future sessions and supports other young entrepreneurs.
