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Spotlight: Young entrepreneurs showcase their innovative businesses through Summer Company

The Summer Company program is designed to assist enterprising young people while continuing their education.
Spotlight Summer Company
The sixth annual Summer Company-Staples Youth Entrepreneurship Day took place the summer of 2019 at Staples Thunder Bay.

Summer Company took place this summer. Ontario’s flagship youth entrepreneurship program is administered through the Thunder Bay & District Entrepreneur Centre every summer. The program is designed to help enterprising students between the ages of 15 and 29 start and run their own businesses over the summer months. In 2019, there were nine students taking part in Summer Company.

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“The students benefit from the education, experience and mentoring provided by Summer Company,” said Ryan Moore, Development Officer for the Thunder Bay Community Economic Development Commission (CEDC) and Coordinator of the Entrepreneur Centre (EC). “Many Summer Company participants use their new-found skills from this program to develop into full-time entrepreneurs.”

The program is designed to foster the entrepreneurial spirit in students 15 to 29 years of age who are returning to school in the fall. In place of a summer job, students have the opportunity to be their own boss and is funded by the Ministry of Economic Development, Job Creation and Trade through the Thunder Bay & District Entrepreneur Centre (EC).

“Summer Company offers students an opportunity to realize their dreams,” said Bill Mauro, City of Thunder Bay Mayor. “These students have taken on the task of getting a business up and running and to make it profitable within a few short months. This experience will help them become our future entrepreneurs.”

Summer Company applicants can earn up to $1,500 to assist with their business start-up costs and up to an additional $1,500 in the fall for completing the program. Each business owner is required to comply with provincial regulations for Small Business. Mentoring by the Thunder Bay & District Entrepreneur Centre (EC) is ongoing throughout the program.

More information about this program can be obtained at: www.ontario.ca/summercompany or by contacting the Thunder Bay & District Entrepreneur Centre (EC) by email at rmoore@thunderbay.ca or by telephone at 625-3960.

About the Thunder Bay & District Entrepreneur Centre (EC)

The Thunder Bay & District Entrepreneur Centre is funded through a partnership between the Province of Ontario and the City of Thunder Bay. We exist to offer free and confidential small business counselling services to both new and existing small businesses. Our services vary from providing information on various business topics to one-on-one consultation with a Small Business Counsellor.

About Summer Company

Summer Company provides hands-on business training and mentoring, and up to $3,000 in awards to help students (aged 15 to 29) start and run their own summer businesses. Participants also keep all profits generated by their business.

To learn more, visit www.ontario.ca/summercompany, and https://www.thunderbay.ca/en/entrepreneur-centre.

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