Ontario Newsroom

Ontario Helps Students Start Their Own Business

Archived News Release

Ontario Helps Students Start Their Own Business

McGuinty Government’s Summer Company Program Provides Opportunities For Youth

Ontario students, who hope to find a summer job they love, will have a chance to be their own boss this summer thanks to the Summer Company program.

Summer Company is a unique program which assists young entrepreneurs with starting and running their own eight to 12-week business over the summer. The program provides practical hands-on business training, mentoring and the essential business skills they need to thrive. The government expects to accept between 300-400 students into the program in 2009.

Key elements of the Summer Company program are:

  • Students between the ages of 15 and 29 are qualified to apply
  • Students can receive up to $1,500 at the start, and up to an additional $1,500 on successful completion of the program
  • Application deadline is May 4, 2009 (or earlier if the program is oversubscribed).

Quick Facts

  • Students who participated in the program from 2001-2006 generated an estimated $11.4M in revenue in 2007
  • Summer Company program has supported almost 2,000 students since 2001
  • In 2008, a record number of 368 students completed the program
  • Small and medium-sized businesses represent 99 per cent of all businesses in Ontario.

Additional Resources

Quotes

“Summer Company gives our young people the practical, hands-on knowledge and experience they need to view entrepreneurship as an attractive and viable career choice.”

Harinder Takhar

Minister of Small Business and Consumer Services

“Summer Company was a great opportunity to help turn my business idea into a reality. It introduced me to new marketing connections that have endured. I am proud to have been part of a leading youth entrepreneurship program such as Summer Company.”

Joseph Moncada

2006 program participant and current owner of the Sweet Tooth Candy Emporium network

“I don't think there has ever been a better time for programs like Summer Company. We're seeing a tremendous increase in interest from youth this year. I think they realize that Summer Company has a lot to offer besides the funding.”

Carol Ann Walker

Executive Director, Business Advisory Centre Durham in Oshawa.

Share

Tags

Jobs and Employment Children and Youth