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Small Business Internship Program
Small Business Mentoring Project

Canada Youth Business Foundation Program


Canadian Youth Business Foundation                                    

The Canadian Youth Business Foundation (CYBF) is a national charity providing pre-launch coaching, business resources, start-up financing and mentoring to help you start your own successful business. If you are 18-34 and have a business idea...they can help!

Entrepreneurs need money - that's no secret. CYBF lends young entrepreneurs up to $15,000 for their start-up. Plus additional financing may be available through CYBF’s partnership with the Business Development Bank of Canada (BDC), where you can get up to an additional $15,000. That’s not it. CYBF also has an expansion program, which offers up to $10,000. That’s a total of $40,000 possibly available for your new venture. CYBF supports businesses of all kinds – skilled trades, technology, retail, services, and everything in between. CYBF does not require security for its loans – They lend on character and a great business plan.

Along with your CYBF loan you will benefit from their mandatory world-class mentoring program. Every entrepreneur is hand-matched with an experienced business mentor for a minimum of 2 years to allow knowledge sharing and ensure a higher business success rate. A mentor is an invaluable resource with years of business experience, often it’s the difference between success and failure - and you get his or her assistance free for a minimum of 2 years with your CYBF loan!

The CYBF program is all about support from the beginning of your entrepreneurial journey right through all of your milestones. We are proud to be your official Community Partner for the CYBF Program.

Eligibility Requirements:

  • Between 18-34 years old
  • Eligible to work in Canada (work permit holders not eligible)
  • Produces a complete and viable business plan
  • Has been in business, fully operating, for less than 12 months
  • Lives or opens the business in the community which is offering the CYBF program
  • Has some training / experience related to their business idea
  • Work with qualified business mentor for a period of two years
  • Has a business that creates full-time sustainable employment for the applicant
  • Must hold at least 51% voting share in the business (if a partnership)
  • Not a full-time student
  • Loan proceeds may NOT be used for the refinancing of existing debt

Plus, if you are a Newcomer to Canada and live in British Columbia or Ontario, CYBF offers a unique financial and cultural mentoring program to help you to understand how to do business in Canada and get you started.

GET STARTED NOW!

Visit www.cybf.ca for more information about the program, eligibility criteria and all their services.
or Contact Us, your local CYBF Community Partner at  Community Futures 16/37 – 250-635-5449 or 1-800-663-6396 today!

 

Small Business Mentoring Project   PROJECT ENDED MARCH 31, 2010 - FOR MORE INFORMATION CONTACT COMMUNITY FUTURES 16/37 AT 250-635-5449                                                                                  

The Small Business Mentoring Project makes available free of charge, the skills and experience of people who have proven themselves successful in business.

People in small businesses in Northwest B.C. are isolated. They can't just walk down the corridor and chat about their businesses with a colleague.

A mentor can help you look at the "big picture", and may identify strengths, weaknesses, opportunities and threats that you have missed. They may help you refocus on your business goals and offer advice on strategies to better achieve them.

Mentors are coaches, not consultants. They do not take the place of existing professional advisers and they won't do the work for you, but they will assist you from their own experience.

The Small Business Mentoring Project offers expertise in all areas of business management. Client and mentor are matched according to the skills needed by the client.

Clients get an empathetic person to listen to the challenges and difficulties they face. Often that alone is all that is needed to identify strategies and opportunities for growth.

As a result clients gain confidence in their ability to plan and manage a venture, meet new challenges, and learn how to obtain the skills necessary for achieving results

For more information please visit www.smallbusinessmentor.bc.ca
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Small Business Internship Program

What is Industry Canada's Small Business Internship Program?

The Small Business Internship Program provides small and medium-sized businesses financial support to hire a post secondary student intern to assist them in their adoption of information and communications technologies to increase their productivity and competitiveness.

Industry Canada's Small Business Internship Program is a collaborative effort with Canadian small businesses, post-secondary institutions, and non-government organizations that offer promising post-secondary students hands-on experience working on e-commerce projects under the mentorship and coaching of entrepreneurs. Student interns will gain an appreciation of entrepreneurship, and an opportunity to explore career possibilities.

For more information on Industry Canada visit www.ic.gc.ca

 

 



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