The Summer Company Program is a joint initiative between the Sarnia-Lambton Economic Partnership and the Ministry of Economic Development, Job Creation, and Trade. Running in the Province of Ontario for 22 consecutive years, the Program provides participants with a $1,500 grant to launch a business as well as mentoring and training in various aspects of entrepreneurship over the course of the summer. Upon successful completion of the Program, students are eligible to receive another $1,500 for a $3,000 total.
The 2021 Summer Company Program is now full.
How it works
Through the Summer Company Program you can get:
- Start-up money to kick-off a new summer business
- Advice and mentorship from local business leaders to help get the business up and running
Learning how to run your own student business is one of the best summer jobs you can have. You get to be your own boss while learning what it takes to manage a business. Sales, marketing, bookkeeping, customer relationship management and networking are just a few of the highly useful skills you’ll develop. PLEASE NOTE: As a result of the COVID-19 Pandemic, program offerings will be delivered in alternate means, including video-conferencing, etc.
Who is eligible
You could be eligible, if you:
- Go to high school, college or university
- Live in Ontario
- Are a Canadian citizen or permanent resident
- Are between 15-29 years old (if under 18: a parent or guardian must sign the agreement for the applicant)
- Are not already running a business
- Are not working at another job or going to school for more than 12 hours a week during the program
- Are returning to school after the program ends
You cannot apply again, if you have received a Summer Company grant in the past.
If you are on social assistance (Ontario Works or Ontario Disability Support Program) you can still apply to Summer Company. Payments from the program may be exempt as income and assets under social assistance, so your monthly social assistance payment may not be affected.
What kind of business
You can choose to start almost any type of business, as long as it:
- Is a sole proprietorship or corporation (where you are the majority shareholder)
- Is an independent business venture (not a part of an existing or family business)
- Qualifies as “self-employed” for income tax purposes
- Operates in Ontario on a full-time basis
- Follows government rules for operating a business
PLEASE NOTE: As a result of the ongoing COVID-19 Pandemic, student businesses should minimize direct interaction with customers and have the ability to adjust operations based upon evolving provincial regulations and public health guidance. Examples of businesses able to operate under these parameters may include on-line products, lawn care with electronic payment, etc.
For more information on how to apply for the Summer Company Program, please call 519-332-1820 or contact Chantelle Core.