Eight Local Small Businesses Receive Grants Through The Starter Company Plus Program
[PETERBOROUGH, ON]: Today, Peterborough & the Kawarthas Economic Development (PKED) awarded eight local small businesses a combined total of $39,000 in micro-grants to further support sustainable business growth. The funding is made possible through the Government of Ontario’s Starter Company Plus program.
Twelve small business entrepreneurs successfully completed the five-week full-day business training course offered by the Peterborough & the Kawarthas Business Advisory Centre (BAC). Based on the strength of their business plan, cashflow forecast, and business pitch, the following businesses were each awarded a micro-grant of up to $5,000:
• Iola Taylor – Cold Duck Creamery, City of Peterborough
• Joe and Liz Crowley – Crowley Acres, Township of Otonabee South-Monaghan
• Sara Scheuermann – Steaped Slow Ceramics, City of Peterborough
• Katie Jackson – Wanderlight Luxury Farm Stay, Douro-Dummer Township
• Jordan Lyall – Jordan Lyall Photography, City of Peterborough
• Cody Lewis – Cody Lewis Carpentry, City of Peterborough,
• Meg Kynock – muttmixx, Township of Havelock Belmont-Methuen
• Mackenzie Caldwell – Grace&Glow Beauty Studio, City of Peterborough
Since its launch in 2017, the Starter Company Plus program through the BAC has assisted over 230 entrepreneurs in Peterborough & the Kawarthas. These small businesses have created over 220 jobs in the local economy.
“Now in its tenth intake, the Starter Company Plus program has directly contributed to the growth and development of small businesses in Peterborough & the Kawarthas,” said Madeleine Hurrell, Manager of the Business Advisory Centre. “Peterborough & the Kawarthas Economic Development understands how critically important our small business sector is to our local economy; these businesses support our workforce, attract visitors, and invest back into the community.”
As part of the Starter Company Plus program, all participants receive ongoing business support from the BAC to help them grow and scale their businesses. Participants are also pre-conditionally approved for a micro-loan through partner agency Community Futures Peterborough and will receive a complimentary six-month trial to the Peterborough and the Kawarthas Chamber of Commerce.
The Starter Company Plus program is designed to provide business training for entrepreneurs from aspiring to experienced, aged 18 and over in the City and County of Peterborough, who are launching a business or expanding an existing business (operating for five years or less). To stay up to date on programs and workshops offered by the BAC, visit www.investptbo.ca/bac
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Learn more about the grant recipients: https://investptbo.ca/fall-2023-intake-of-starter-company-plus/
For media inquiries, please contact Christine Drage, Marketing & Communications Officer,
705-872-6802 or cdrage@investptbo.ca
To connect with any of the grant winners, please contact Madeleine Hurrell, Manager, Business Advisory Centre, 705-740-4314 or mhurrell@investptbo.ca