• Be ready to start or launch their new business within 6 months.
• Use awarded proceeds within 6 months of receipt.
• Be a Canadian citizen or legal immigrant.
• Intend to start or grow a small business irrespective of receiving a grant.
• Present an objective and balanced mandate to create or grow a for-profit business.
• Meet deadlines for completing / submitting qualification criteria.
• Demonstrate confidence, initiative and preparedness.
• Present a specific, feasible business plan with well-defined goals and measurable results.
• Provide evidence of thorough knowledge of their industry.
• Possess general knowledge of basic business fundamentals.
• Seek funding of $1,000 to $100,000.
• Give priority to applicants that can demonstrate matching funds.
• Assist in the process of evaluating their application.

Ineligible Categories/Allocations:

• Charitable Organizations.
• Real Estate speculation.
  
• Lottery or Gambling businesses.
  
• Businesses with Adult content.
  
• Any business deemed Illegal in your jurisdiction.
  
• Personal debt repayment.
  
• Acquisition of an existing business.
  
• Employee Salaries.
• Buy-out of a partner in an existing business.
  
• Inventions that are not utilized by the business itself.