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Trail Blazer

0
Type
EXPERT ADVICE
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is a fantastic opportunity for your business. For just $25, you can join a three-week program designed to help you identify your market and validate your business model. This small investment could lead to big rewards.

During the program, you'll get hands-on training in areas like business idea validation, profitability assessment, customer validation, and comprehensive business model development. These skills are crucial for making your business idea a reality.

If you complete the program, you can apply for Next Level funding, which offers up to $5,000 in assistance. This money can be used for innovation-related costs, manufacturing expenses, research and development, and marketing. This funding can give your business the boost it needs to succeed.

Financing Details

Grant: The financing provided is in the form of a grant, which means you do not need to repay the funds if you meet the program's conditions.

Eligible Expenses: The grant can be used towards innovation-related costs, manufacturing expenses, research and development, and marketing and commercialization efforts. These categories are designed to support the growth and scalability of your business or product.

Use of Funds: The funds must not be used for non-business related expenses, routine operational costs like rent or utilities, or to pay off existing debts. The focus is strictly on expanding and enhancing innovative and scalable business ideas or manufacturing capabilities.

Repayment and Interest Rates: Since this is a grant, there are no repayment terms or interest rates applicable. This alleviates financial pressure and allows you to focus on developing your business.

Fees: There are no additional fees associated with applying for or receiving this grant, making it a cost-effective opportunity for eligible businesses.

Qualifications

  • Business must be located in Northwestern Ontario.
  • Must have an innovative idea that is scalable or plan to manufacture a product in the region.
  • Must be coachable.
  • Willing to engage with customers.
  • Fully committed to moving their idea forward.
  • Must be an individual with an innovative idea or a company with an innovative idea.
  • Companies planning to manufacture a product in the region are eligible.

Disqualifications:

  • Non-profit organizations.
  • Government entities.
  • Individual sole proprietors.

Description

This program is a fantastic opportunity for your business. For just $25, you can join a three-week program designed to help you identify your market and validate your business model. This small investment could lead to big rewards.

During the program, you'll get hands-on training in areas like business idea validation, profitability assessment, customer validation, and comprehensive business model development. These skills are crucial for making your business idea a reality.

If you complete the program, you can apply for Next Level funding, which offers up to $5,000 in assistance. This money can be used for innovation-related costs, manufacturing expenses, research and development, and marketing. This funding can give your business the boost it needs to succeed.

Program Steps

  1. Register for the Workshop Series
    Purchase your ticket for the program. The cost is $25.00 plus HST, which includes a light snack.

  2. Attend All Sessions
    Participate in all four in-person sessions on the following dates:

    • Session One: September 10th, 4 - 5 pm EST
    • Session Two: September 17th, 4 - 5 pm EST
    • Session Three: September 24th, 4 - 5 pm EST
    • Session Four: October 1st, 4 - 5 pm EST
  3. Complete the Program
    Successfully finish the program. Engage in customer validation, peer-to-peer learning, and mentorship.

  4. Prepare Documentation
    Gather the necessary documents for your funding application. You will need:

    • A detailed business plan
    • Evidence of customer validation
    • Financial projections
    • Any relevant market research
  5. Apply for Next Level Funding
    After completing the program, submit your application for Next Level funding. This funding can provide up to $5,000 for eligible costs related to innovation, manufacturing, research and development, and marketing.

Visit Program Website