For many years, Community Futures has offered comprehensive business development support to aspiring young entrepreneurs. Having youth oriented resources is especially important right now given the disruption that COVID-19 has created for young entrepreneurs.
Community Futures is able to enhance its valuable one-on-one counselling and business development workshops to help more aspiring entrepreneurs to assess their readiness for entrepreneurship, assess their business idea, prove their market and realistically map out their business opportunity and ultimately launch their venture.
Youth entrepreneurship support is well developed and tested under the Youth Means Business pilot program and, more recently, the Youth Entrepreneurship Program which ended March 31, 2022. These programs have resulted in many long term success stories in our community.
Thanks to support from community partners like Kelowna Jaycees who generously helped establish the Rene Bourgault Business Development Bursary to help fund aspiring young entrepreneurs ensured that many young entrepreneurs had improved success and support to start new businesses in the Central Okanagan while we awaited new program funding. Community Futures will continue to support the Rene Bourgault legacy by continuing to offer sponsorship to those that need it most.
How Community Futures supports young entrepreneurs:
Aspiring young entrepreneurs can recieve support around early stage business idea exploration and entrepreneurial assessment through one-on-one coaching, as well in-class training through the Opportunity Readiness Workshop, both at no charge.
After early stage exploration, young entrepreneurs can attend the Business Plan Development Program for aspiring entrepreneurs to help them research and develop their business idea, write their business plan, and launch and implement their business. Participants will receive 6 weeks of extensive support and training, both in an online classroom environment, and with one-on-one support to help them develop a comprehensive business plan, focusing on operations and management, market research, marketing strategies, customer exploration, pricing, and cash flow forecasting.
Participants can access the Business Plan Development Program on a fee-for-service basis for $835+GST.
How do I apply?
STEP 1: Interested youth can begin by calling Community Futures for an intake interview. Please call Ali Brent at 250-868-2132 ext. 224 for more information.
STEP 2: Once eligibility is determined, participants will attend the Opportunity Readiness Workshop to help them assess the feasibility of their business idea and their own entrepreneurial skills and opportunity.
STEP 3: Participants submit an application outlining their business opportunity and research completed so far. A final interview is scheduled and, if approved, participants begin the 6 week program.
STEP 4: Prepare to launch and grow your business!
To get started, call:
Ali Brent, Program Manager
250-868-2132 ext 224