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Grant Application Process and Disbursement

  • Submit completed application and signed agreement with the Waterloo Region Small Business Centre, outlining each party’s rights and responsibilities for program participation and possible grant disbursement
  • Complete mandatory business training provided by the WRSBC
  • Provide copies of business name registration, business bank account, SIN# (required if approved for grant), and any required licensing documents to your program provider
  • Provide proof of equity contribution to the business up to $1,250
  • Submit your completed business plan, cash flow and 3-minute pitch (video and in person) for review by a Grant Committee, if approved by committee, receive grant disbursement
  • Comply with the program guidelines and implement the business substantially in accordance with your completed business plan and financials included with the application
  • Operate your business on a full-time basis, a minimum average of 35 hours a week
  • Attend 3 mandatory business mentor sessions over 3 months and 3 monthly progress meetings with the coordinator.
  • Agree to one site visit by the program provider
  • Maintain an activity log provided by WRSBC, include time allocations, outline business tasks, operations and marketing activities
  • Maintain appropriate business records of income and expenditures including receipts
  • Complete the anonymous participant surveys at the end of program cycle (6 mo, 1, 2 and 3-year update)
  • Submit an exit questionnaire on your business (learning outcomes and experience)
 
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KITCHENER
Kitchener City Hall
200 King St W, P.O. Box 1118
Kitchener, Ontario N2G 4G7
T: 519.741.2604   F: 519.745.1522
CAMBRIDGE
Cambridge City Hall
50 Dickson St, P.O. Box 669
Cambridge, Ontario N1R 5W8
T: 519.740.4615   F: 519.623.0441

WATERLOO
Waterloo City Hall
100 Regina St S, Suite 170
Waterloo, Ontario N2J 4A8
T: 519.747.6265   F: 519.747.6266