How do I apply for Young Millionaires Program?

Visit Young Millionaires's website for application instructions.

Who administers Young Millionaires Program?

This program is administered by Young Millionaires.

Are there similar programs to Young Millionaires Program?

Yes! Canada Grants Database has similar programs in the Startup & Growth Accelerators category. Browse our database to find more options that match your needs.

How can I improve my chances of getting approved for Young Millionaires Program?

Our detailed breakdown covers step-by-step application instructions, required document checklists, and eligible expense breakdowns so you know exactly what to prepare before applying.

Young Millionaires Program

Young Millionaires

🚀 Startup & Growth Accelerators📍 Regional🌱 Early-Stage📚 Training🏪 Small Business

Support for Atlantic youth to start a business

Funding

$150 - $200

Deadline

See website

Status

Accepting Applications

What Is This Program?

If your child is between the ages of 9 and 16, they can develop their entrepreneurial skills through a series of workshops and mentoring designed to help them start a business of their own.

What Benefits Are Offered?

grantadvisory

Micro grants (up to $150 for sole proprietorships, up to $200 for partnerships), business training workshops, mentorship, and ongoing support for youth to explore entrepreneurship and start their own businesses. All profits remain with the young entrepreneur.

Who Is Eligible?

Business Size: small

Region: Prince Edward Island

Demographics: youth

Other Criteria: aged 9 to 16, attend all workshops, submit a simple business plan, demonstrate enthusiasm and dedication, partnerships limited to two people

🏆 Detailed Application Guide

Preview of what's included with full access:

📋What Are the Application Steps & Timeline?

📝Steps to Apply: Join the Young Millionaires Program
Unlock to see 4 more →
🌐Application Portal: http://youngmillionairesprogram.ca/index.php/success-stories/
📤Submission Method: online
🔄Intake Type: rolling

📄What Documents Are Required?

✅Required Documents: Completed business plan
📐Format Requirements: PDF only, max 10MB

💰What Expenses Are Eligible?

🧾Eligible Expenses: business expenses
📏Expense Caps: up to $150 for sole proprietorships, up to $200 for partnerships
💳Payment Model: mixed

🤝Is Matching Funding Required?

📊What Are the Reporting Requirements?

Improve Your Winning Odds 5x

Everything you need to submit a winning application

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88 businesses unlocked this grant this month

What's included

🛣️Step-by-step application roadmap
📋Complete document checklist
💰Eligible expenses breakdown
🤝Cost-share & matching details
📊Compliance & reporting guide
📄Official program documents
🖨️Print-friendly report

How Do I Apply?

ymp@centralpei.ca

902-887-3400

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FAQFrequently Asked Questions

This program is available to small businesses located in Prince Edward Island.

This program offers funding up to $200 (minimum $150).

Check the official program website for current deadlines.

What You'll Get

🛣️Step-by-step application roadmap
📋Complete document checklist
💰Eligible expenses breakdown
🤝Cost-share & matching details
📊Compliance & reporting guide
📄Official program documents
🖨️Print-friendly report

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