Amex Canadian Small Businesses Grant Program 2025 ($10,000 CAD grant) – YOA

Deadline: June 9, 2025

Applications are open for the Amex Canadian Small Businesses Grant Program 2025. Funded by American Express Canada and administered by DMZ at Toronto Metropolitan University, 100 Canadian small companies with group significance, owned by people experiencing financial hardship, can be chosen to obtain a $10,000 CAD grant and mentoring help from DMZ.

Each chosen enterprise will obtain mentoring help consisting of workshops, small group periods, and one-on-one conferences with skilled DMZ program mentors. On a part-time foundation, small enterprise homeowners will obtain teaching and data on areas related to their enterprise, corresponding to gross sales, advertising, operations, and management.

Benefits

• Selected companies will obtain a $10,000 CAD grant.
• In addition to receiving a grant, chosen contributors may have entry to digital mentoring help run by DMZ for a 12-week interval. Mentorship programming will include small group periods and one-on-one conferences with skilled DMZ program mentors. On a part-time foundation, small enterprise homeowners will obtain teaching and data on areas related to their enterprise, corresponding to gross sales, advertising, operations, and management. The coaching element of this system additionally consists of entry to an on-demand, on-line studying platform.

Eligibility

To be eligible for this system, an applicant should meet the next standards:

• The applicant have to be a Canadian citizen, a everlasting resident of Canada, or maintain present and legitimate authorization in Canada;
• The applicant have to be no less than 18 years or older;
• The enterprise have to be an impartial enterprise and never part of a franchise;
• Own a enterprise included in Canada, the place the enterprise is primarily operated and managed in Canada;
• The enterprise have to be at the moment energetic within the Canadian market and been in operation on or earlier than Jan 1, 2024;
• The enterprise should have an annual income in 2024 of lower than $1.5M CAD;
• The enterprise should function both out of a bodily location or on-line;
• The applicant must be comfy conducting enterprise in both English or French (mentorship can be carried out in English or French).

Preference can be given to candidates that finest show:

• Businesses with group attain and/or significance;
• Economic challenges skilled in the middle of working or beginning their enterprise;
• Clear use of grant funds and the anticipated affect on their enterprise.

Application

Submit your application by June 9, 2025, at 11:59 p.m. Eastern Daylight Time. Applicants can be contacted in regards to the outcomes of their application by June 23, 2025.

Click here to apply

For extra data, go to Amex Canadian Small Businesses Grant.