Want to get FREE money, and professional mentorship to start-up your own business? Check out this article to learn why I was able to start-up my own business, and how you can as well. Hey! My name is Michael Kim and I am the owner of MYK Websites. So this summer (2017) I decided to start-up this business because I heard of the “Summer Company Program”
The Ontario government organizes and funds the Summer Company Program for the purpose of giving students the opportunity to develop hard and soft skills by organizing and managing their own businesses. The program offers financial support, professional mentorship, and a vast network!
When people want to start-up their own business, they are faced with 2 major obstacles.
#1: Expensive start-up costs,
#2: Low predictability of making a Profit.
Luckily the Summer Company program solves both of them!
When you start-up your business, you have to a lot of start-up costs such as business licenses, insurance, investments, and operating expenses. For the average citizen, these costs may cause too much risk to fund their busineses. An alternative to fund their start-up by acquiring a loan from the bank, but this loan must be paid back with interest. The Summer Company program solves this problem by giving participants FREE money! Participants are given $1500 for all start-up costs for all their start-up costs (ex. laptops, equipment, supplies, software, utilities expense etc)!
Furthermore, when starting a business, it is difficult to predict one’s success, as our markets are extremely competitive In Canada, many start-up companies in their first year of operations lose money or break-even! The Summer Company program evades this situation by giving participants an additional $1500 at the end of the program!
Therefore, in total you are getting $3000 for your start-up business!
If you are in university or college, you’ll understand the struggles of spending thousands of dollars for an education!
However, the Summer Company Program is different! Participants are trained and supported by knowledgeable mentors who are successful entrepreneurs themselves. The mentors have all started their own businesses, and they are the perfect person to ask for advice or guidance during the program. Each mentor has a different expertise such as in digital marketing, finance, customer service, or accounting.
There are also training sessions once every 2 weeks from May – August lead by the Summer Company Program Coordinator and the mentors. There are constructive and educational workshops and lectures to ensure the success and develop of all participants. So throughout the whole program, your program coordinator and your mentors support and guide you.
When we had our first meeting with the 20 other summer company participants I was amazed! I met so many like-minded individuals who were so determined, excited, and friendly! Everyone was starting their business, and it was facinating learning about different industries and ideas! Just from talking with a group, I learnt so many things about the fashion, and technology industry! I believe it is definitely an environment where you can learn from each other, and become future business partners! It is amazing to see a diverse group of individuals starting their unique business venture!
So far I believe the Summer Company program provides the optimum environment to develop one’s skills, and a risk-free opportunity to practise being an entrepreneur! Through the financial support, professional mentorship, and stimulating network participants have the resources to be successful!
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To learn more about the Summer Company program click here: