Yukonstruct

Type
EXPERT ADVICE
Application Difficulty
HARD
Application DeadlineMay 28, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed for business owners like you who are looking to grow and innovate. It offers a unique opportunity to access shared spaces, resources, and a vibrant community of like-minded professionals. By joining, you can benefit from a co-working space, a fully equipped makerspace, and a range of entrepreneurial support services.

Why Apply?

  • Access to Resources: Gain entry to state-of-the-art facilities including a woodshop, metal shop, and digital fabrication space.
  • Community Support: Connect with a network of entrepreneurs, creators, and innovators who can provide valuable insights and collaboration opportunities.
  • Flexible Financing: The program offers financing options that are backed by the government, making it more reliable and flexible than traditional loans.

What's in it for You?

  • Growth Opportunities: Utilize the space and resources to bring your ideas to life and take your business to the next level.
  • Skill Development: Participate in workshops and events to learn new skills and stay updated with industry trends.
  • Easy Qualification: The program is designed to be accessible, ensuring that qualifying is straightforward and hassle-free.

By being approved for this program, you will have the tools and support needed to innovate and grow your business effectively. Join a community that fosters creativity and success.

Financing Details

Type of Financing: Grant

Eligible Expenses:

  • Equipment purchases
  • Leasehold improvements
  • Training and development programs
  • Marketing and promotional activities
  • Research and development

Use of Funds:

  • Funds can be used to cover costs related to the above eligible expenses.
  • Funds cannot be used for:
    • Debt repayment
    • Real estate purchases
    • Personal expenses

Fees:

  • There are no application or processing fees associated with this grant program.

Qualifications

  • Must be a business operating in the Yukon.
  • Must be part of the Yukon’s entrepreneurial community.
  • Must be involved in activities such as making, creating, innovating, or leading.
  • Must be seeking support to bring ideas to life through shared resources, space, and knowledge.
  • Must be interested in utilizing co-working spaces, makerspaces, or entrepreneurial support services.

  • Disqualifications:

    • Businesses not operating in the Yukon.
    • Businesses not engaged in entrepreneurial, innovative, or creative activities.
    • Businesses not interested in shared resources, space, or knowledge.

Description

This program offers your business a unique opportunity to grow and innovate. You can access a vibrant co-working space with fast internet and always-hot coffee. This space includes a full woodshop, metal shop, digital fabrication space, and hackerspace. These tools can help bring your ideas to life.

You will be part of a supportive community. This includes YukonU’s Innovation & Entrepreneurship team and other partners. You can connect with like-minded professionals and gain access to resources and knowledge that can help your business thrive.

The program also provides entrepreneurial support services. These services include information, resources, programs, and events designed to help you take your business to the next level. Whether you need a desk, an office, or access to specialized equipment, this program offers the space and community to help your business flourish.

Program Steps

  1. Gather Necessary Documentation:

    • Business Plan
    • Financial Statements (last two years)
    • Proof of Business Registration
    • Identification Documents (e.g., driver's license, passport)
    • Details of Intended Use of Funds (e.g., quotes for equipment, renovation costs)
  2. Complete the Application Form:

    • Visit the program's official website.
    • Download or fill out the application form online.
    • Ensure all sections are completed accurately.
  3. Prepare a Detailed Proposal:

    • Outline how your business will benefit from the program.
    • Include a timeline of project milestones.
    • Highlight any potential community or economic impact.
  4. Submit the Application:

    • Attach all required documentation.
    • Double-check for completeness and accuracy.
    • Submit the application through the specified channel (online portal, email, or mail).
  5. Follow Up:

    • Monitor your email or the program's portal for updates.
    • Be prepared to provide additional information if requested.
    • Respond promptly to any communication from the program administrators.
  6. Attend an Interview or Site Visit (if required):

    • Be available for a potential interview or site visit.
    • Prepare to discuss your application in detail.
  7. Await Approval:

    • The program administrators will review your application.
    • You will be notified of the decision within the specified timeframe.
  8. Receive Funds and Implement Project:

    • Upon approval, review and sign any necessary agreements.
    • Funds will be disbursed according to the program's guidelines.
    • Begin implementing your project as outlined in your proposal.
  9. Report Progress:

    • Submit regular progress reports as required by the program.
    • Include financial updates and milestone achievements.
  10. Complete Final Reporting:

    • Once the project is completed, submit a final report.
    • Detail the outcomes and impacts of the project.
    • Ensure all financial documentation is up to date and accurate.
Visit Program Website