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Entrepreneurship Funding Programs

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Home/...Economic DevelopmentSmall Business Enterprise Centre (SBEC)Entrepreneurship Funding Programs

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Summer Company Spotlight

The 2024 Summer Company program has accepted 12 students aged 15-29 to help launch a summer business through hands-on business training, mentorship and grant funding up to $3,000. Last year eight students took advantage of showcase events that took place at Richmond Hill's Ribfest event and Hillcrest Mall. Both events gave students exposure to live events, meeting prospects and customers. 

Owen Knowles was the recipient of the William F. Bell Young Entrepreneur Award.  This 2024 Summer Company Program participant launched his own car detailing business. Read the press release. 

Meet our 2025 Summer Company students
2025 Participants
Participants and their Company
2025 Summer Company student Ryan Niramwalla

Ryan Niramwalla

Company: Stratoview Media Solutions 

Description: Video production business with a focus on video editing.

Instagram: @stratoview.media

2025 Summer Company student Antonios Goboitsios

Antonios Goboitsios

Company: ANGO Competitive

Description: Organizes tournaments focused on volleyball and basketball – sport event hosting service.

Instagram: @ango.competitive

2024 Summer Company student Roberto Sanabria

Roberto Sanabria

Company: Northshine Property Services

Description: Provides window and gutter cleaning services (exterior and interior).

Instagram: @northshinepropertyservices

2024 Summer Company student Aneesh Badola

Aneesh Badola

Company: The NorthWoodWorks

Description: Woodworking business offering custom cutting boards, coffee tables, shelves, custom furniture, and in-home solutions.

Instagram: @thenorthwoodworks

 

2024 Summer Company student Alissa Primiani

Alissa Primiani

Company: Alissa Nicole Designs 

Description: Designs and sells gemstone jewelry and custom bracelets. 

Instagram: @alissa.nicole.designs

2024 Summer Company student Darya Karami

Darya Karami

Company: Dolled by Darya

Description: Provides nail services including acrylic, Gel-X, press-on, and overlay nails. Licensed nail technician.

Instagram: @dolledbydarya

2025 Summer Company student Maya Blumin

Maya Blumin

Company: GoParty4U

Description: Sets up VR stations at birthday parties to create a unique, immersive experience.

Instagram: @goparty4u

 

2025 Summer Company Student Forest Li

Forest Li

Company: Echo Eye Technologies Inc.

Description: Developed the world’s first ear-worn camera with a 5-minute retroactive recording buffer.

Instagram: @echo.eye

2025 Summer Company student Nicholas Primiani

Nicholas Primiani

Company: Rug Rage 

Description: Produces custom rugs for individuals and businesses. Clients can personalize size, shape, design, and colour.

Instagram: @rug.rage

2025 Summer Company student Tania Pouzeshvaran

Tania Pouzeshvaran

Company: The Protein Pastry

Description: Specializes in high-protein, low-calorie, and gluten-free pastries.

Instagram: @theproteinpastry

2025 Summer Company student Wendy Li

Wendy Li

Company: Wendy Li Golf Academy

Description: Offers golf lessons using a golf simulator. (Wendy is a Division 1 golfer recruited for college golf).

Instagram: @wendyli.golf

2025 Summer Company student Cheney Chen

Cheney Chen

Company: Chilly Fruits

Description: Runs an organic smoothie stand using fresh ingredients sourced from local Canadian farms. Offers dairy and organic fruit smoothies.

Instagram: @chillyfruits

Funding Programs

Funded by the Ontario Ministry of Economic Development and Growth, the Starter Company Plus and Summer Company grant programs are offered through the Richmond Hill Small Business Enterprise Centre to assist you in starting, growing, or purchasing your company.

Starter Company Plus 

Are you looking to start up, scale up, or buy a company? Get funded with Starter Company Plus!

The Starter Company Plus program provides entrepreneurs aged 18 and over with tailored advice, mentoring, and training to help you launch or expand your business. Additionally, you have the opportunity to receive a grant of up to $5,000.

Applications for the 2025 Starter Company Plus program are open now closed. We are accepting Expressions of Interest for the 2026 cohort. To be considered for the 2026 cohort, please submit the Expression of Interest form below. 

Expression of Interest

Eligibility

  • 18 years of age or older
  • A Canadian Citizen or Permanent Resident 
  • Your business must be located within Richmond Hill municipal boundaries
  • Not currently enrolled in full-time education and not planning to return to school full-time 
  • Proposing starting a new company, expanding an existing company, or buying a business in Ontario (excluding franchises, distributorships, wholesale, trade, commissioned sales, multi-level marketing ventures, not-for-profit and/or charities, strictly pay-per-click businesses, and single events such as music concert, fundraiser, sporting tournament, etc.)
  • Not controlled directly or indirectly by an individual who does not meet the eligibility criteria for the Starter Company Plus program
  • Prepared to commit to a minimum average of 35 hours a week to run the business
  • Prepared to commit to the monthly mentorship requirements for a minimum of 3 months
  • Prepared to complete a mandatory Business Training program
  • Not currently participating in any other self-employment or entrepreneurship training or financing programs offered by government funded organizations
  • Can demonstrate 25% cash or equivalent commitment to the business

Virtual Information Session 

We will be hosting a one-hour Virtual Information Session at 2 p.m. - 3 p.m. on July 3. Learn about program eligibility, key timelines, and the application process. Register for the information session using the info session link below:”

Register for the information session using the info session link below:

Information Session

Summer Company

Do you have an idea that you are super excited to bring to life or a business you are inspired start? Are you a student who is interested in learning what it would be like to be your own boss?

Get funded with Summer Company! Successful applicants get business education, 2 months of mentorship and up to $3,000 in funding.

To apply, you need a launch-ready business idea, a free summer, and a short business plan. This program is available for full time students between 15 - 29 years of age. 

Application Process
  1. Intake for 2025 Summer Company program is now closed. 
  2. Complete the Eligibility Application (if eligible, you will be invited to an interview)
  3. Submit your application
    • Business Plan Template (PDF file, Microsoft Word file)
    • Budget and Cash Flow Template (Microsoft Excel file) 
Eligibility
  • Enrolled in an Ontario high school, college, or university
  • Canadian Citizen or Permanent Resident 
  • 15 to 29 years old
  • Not currently running a business
  • Not currently employed and working more than 12 hours
  • Not enrolled in summer school for more than 12 hours per week
  • Not a past Summer Company grant recipient
  • Commit to an average of 35 hours a week to run your business
Centre for Local Innovation and Collaboration (CLIC)

The City of Richmond Hill has partnered with OCAD University to launch the Centre for Local Innovation and Collaboration (CLIC)! Funded by eCampus Ontario and Centennial College, this unique, design-driven centre for innovation is part of a broad-based approach to accelerating business growth and innovation.

CLIC exists to explore opportunities for local businesses to gain access to applied research and to leverage human-centered design expertise. 

For more information visit our Centre for Local Innovation and Collaboration page.

Eligibility
  • 18 years of age or older
  • A Canadian citizen or permanent resident
  • An Ontario registered business
  • Under 50 employees
  • Over 50% of staff located in Ontario
  • Prepared to work with OCAD researchers
  • Intention to leverage creative technology, human-centered design, and applied research to create products/services that improve the lives of Ontario residents
Digital Main Street 

Digital Main Street has a free digital guide to help businesses grow. 

My Main Street

My Main Street, a $15-million investment, supports main street businesses across Ontario. Funded by the Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), My Main Street is being delivered through two new streams:

  • Business Sustainability Stream
    • This stream will assist brick-and-mortar businesses located on main streets across southern Ontario. Funding will support productivity enhancements through direct-to-business non-repayable contributions of up to $20,000. Funding will be made available to businesses that employ between 1 and 50 staff and provide a solid business case describing how the funding will strengthen their existing capacity and support their growth.
  • Community Activator
    • This stream assists community not-for-profit projects focused on high-impact placemaking activities. Support is provided in the form of non-repayable contributions of up to $250,000. Funded projects will include initiatives such as events and festivals, community enhancements and streetscape improvements.

For more information, application guide, and to apply for any of these two programs, please visit MyMainstreet.ca page.

Digitalization Competence Centre

Digitalization Competence Centre (DCC) is a Government of Ontario initiative led by Ontario Centre of Innovation (OCI) to drive digital modernization of Ontario small and medium enterprises (SMEs). There are three program streams to support SMEs in the adoption and implementation of digital technology:

  • Digital Modernization and Adoption Plan (DMAP) - supports SMEs to understand and implement their organization's technology needs; up to $15,000 to develop a digital adoption plan.
  • Technology Demonstration Program (TDP) - for companies that completed DMAP project and are looking to implement digital technology laid out in DMAP; up to $150,000 available.
  • Retail Modernization Project Grant (RMPG) offers support of up to $5,000 to Ontario-based retail businesses to invest in cutting-edge technology to drive sales, boost efficiency, and improve customer experience.

For more information and to apply, visit Digitalization Competence Centre program page.

Freshworks for Startups

Freshworks is a leading maker of cloud-based customer and employee engagement software. With this innovative partnership, Richmond Hill startups can receive 90% off the first year on the Freshworks suite of products and priority access to the Freshworks startup program including events, resources, workshops, mentoring and much more. 

To learn more about the program and apply please email Richmond Hill Small Business Enterprise Centre.

ONTARIO MADE Manufacturing Investment Tax Credit

The Ontario Made Manufacturing Investment Tax Credit is a 10% refundable Corporate Income Tax credit for eligible corporations on qualifying investments in buildings, machinery and equipment for use in manufacturing or processing in the province. An eligible corporation could receive a tax credit of up to $2 million a year.

Canada-Ontario Jobs Grant (COJG)

The Canada-Ontario Job Grant (COJG) provides funding to help businesses train their employees and update their skills. This helps employers ensure their workforce has the right skills to adapt to a changing economy. The grant supports eligible training costs up to a maximum of $10,000 per trainee, with additional flexibility for small employers.

Mentorship Opportunities

If you have business experience and expertise and a desire to help develop new and aspiring entrepreneurs, then we'd like to hear from you. Start mentoring with the Richmond Hill SBEC and you will have the opportunity to connect with entrepreneurs who are starting or scaling up their businesses.

Apply to become a mentor

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Richmond Hill Municipal Offices

225 East Beaver Creek Road,

Richmond Hill, ON L4B 3P4

905-771-8800

access@richmondhill.ca

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