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Small Business Support Program — Entrepreneur Development Fund

Up to $100,000
Type
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

You have a unique chance to secure up to $100,000 to cover 80% of your business training and skills development costs. This funding can help you enhance critical skills in areas like accounting, bookkeeping, and tourism safety, all of which are vital to your business's success. On top of that, you’ll receive support for setting up aftercare programs to ensure your business maintains its growth trajectory.

Applying for this grant means you won’t just get financial assistance; you will also be investing in your team’s capabilities without the burden of repayment. With no repayment required, this funding is a risk-free way to boost your business’s competitive edge. Plus, it’s available to all sectors and legal structures, accommodating businesses like yours no matter where you are.

This program is easy to qualify for, which means you can focus on what truly matters: growing your business. Don’t miss the opportunity to elevate your operations and create a stronger foundation for the future.

Financing Details

This program offers grants that can provide you with up to $100,000. These funds can cover up to 80% of eligible costs related to business training and skills development. Since this is a grant, you won’t need to repay the funds, which is excellent news for your cash flow!

Eligible Expenses

The funding can be used for a variety of training areas, including:

  • Accounting
  • Bookkeeping
  • Business start-up
  • Tourism safety and risk management
  • Establishing business aftercare programs

Exclusions and Fees

It's important to note that the funds cannot be used for personal expenses or unrelated business costs. Additionally, there are no hidden fees associated with this program, which means the amount you receive is what you will use for your business training without extra costs.

This program can be a game changer for your business’s growth while keeping your finances in check.

Qualifications

  • Location: Available across the country.
  • Sectors: Open to all sectors.
  • Ownership: Open to all groups.
  • Employees:
    • No minimum employee requirement.
    • No maximum employee limit.
  • Company Revenue:
    • No minimum revenue requirement.
    • No maximum revenue limit.
  • Legal Structure: All legal structures can apply.
  • Profit Structure: All profit structures can apply.

Disqualifications:

  • None stated. All businesses meeting the above criteria are eligible to apply.

Description

You can receive up to $100,000 to cover 80% of your training and skills development costs. This funding applies to important areas like accounting, bookkeeping, business start-up, and even tourism safety and risk management. Plus, you’ll get support for setting up aftercare programs to help your business continue thriving after the initial training.

This program allows you to invest in your team, enhance your skills, and boost your business’s capabilities without overwhelming financial pressure. You can focus on what matters—growing your business—while the program helps with most of the training costs.

There’s no need to worry about payback for this funding. This support is a grant, meaning it doesn’t have to be repaid. It’s an opportunity for your business to gain a competitive edge and improve your offerings without the burden of debt.

Program Steps

  1. Gather Important Documents

    • Business registration documents
    • Tax identification number
    • Financial statements (profit and loss statements, balance sheets)
    • Project proposal outlining training needs and expected outcomes
    • Aftercare program plan (if applicable)
  2. Complete the Application Form
    Fill out the application form with your business details and specific training needs.

  3. Submit Your Documentation
    Attach all gathered documents to your application form.

  4. Review and Confirm Submission
    Double-check that all information and documents are accurate before submitting.

  5. Await Confirmation
    Monitor your email for a confirmation of your application status.

  6. Follow Up
    If you do not receive communication within a reasonable timeframe, reach out to the program administrator for updates.

  7. Plan for Training
    Once approved, begin planning your training schedule and aftercare program implementation.

Visit Program Website