Empowering Entrepreneurs with RAISE Grant Program

For Indigenous, Black, and other racialized entrepreneurs in Ontario, accessing tailored business support can be a game-changer for growth and success. The Racialized and Indigenous Supports for Entrepreneurs (RAISE) grant program for 2023-24 offers a significant opportunity to enhance business skills and gain crucial support.

The RAISE program provides access to comprehensive business development training, culturally responsive and tailored business coaching, networking opportunities, and a one-time grant of $10,000. This initiative aims to support Indigenous, Black, and other racialized entrepreneurs by offering resources that address unique challenges and opportunities in the business landscape.

Eligibility and Requirements

To qualify for the program, applicants must be an Indigenous, Black, or other racialized individual who owns a small business in Ontario, and the business must be registered with the Canada Revenue Agency. Once admitted, participants are required to complete business development training, business coaching, and networking activities. They must also develop a Business Action Plan, which will be reviewed by the business coach and validated by the Government of Ontario before receiving the grant payment.

Program Completion and Reporting

After completing the program, participants must submit a report confirming that the grant was used for eligible expenses related to their Business Action Plan. Additionally, participants will be invited to participate in surveys and other evaluation methods to help enhance the quality of the program.

Application Deadline

Applications for the RAISE program must be submitted by December 8, 2023, at 11:59 p.m. EST.

For more information about the program, go to: RAISE 2.0