Summer Company Program Expanded
McGuinty Government Adds Spaces, Extends Application Deadline
Ontario is offering greater opportunities for students who want to run their own business through the Summer Company program, by adding spaces and extending the application deadline.
The province is increasing the number of spaces available in the Summer Company program from 300 to 500 and extending the deadline for applications to the program to May 25, 2009. Through the 2009 Ontario Budget, additional funding is being provided to create more summer employment opportunities for students.
Summer Company is a unique program which assists young entrepreneurs with starting and running their own eight to 16-week business over the summer. The program provides practical hands-on business training, mentoring and the essential business skills they need to thrive.
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
- Since its inception in 2001 Summer Company has supported almost 2000 students.
- 99% of past participants would recommend the program to a friend.
- Small and medium enterprises represent 99 percent of all businesses in Ontario.
“If a student has a good idea and the entrepreneurial flair to pull it off, they can be a Summer Company success. Through the Spring Budget our government has invested additional funds to create more young entrepreneurs of tomorrow.”
“The people at the business centre in Guelph were very helpful. We learned a lot, and the money I made was a big help for school.”
“It’s a very productive program in terms of creating entrepreneurs. Eleven of my 12 students from 2008 are planning to keep their businesses going.”