Over the years the Mississauga Business Enterprise Centre (MBEC) has helped many young entrepreneurs start, build and grow their businesses through the delivery of the Province of Ontario’s Starter Company and Summer Company. Both programs give young entrepreneurs the opportunity to receive guidance from a business advisor, business training, mentoring from a local business professional and an opportunity to apply for grant funding to start or expand a business.
The Mississauga Business Enterprise Centre recently launched the Summer Company program for 2016, with the launch of 23 new summer businesses. A sampling of the types of business just launched in our community includes:
- Website development
- Robotics camps for kids
- Dance workshops
- Indoor/outdoor painting service
A recent impact study completed by the Ministry of Economic Development and Growth found that 98% of participants agreed that the Summer Company program gave them skills that were transferable to other areas of their lives and/or employment and 43% of past Summer Company participants are still running their Summer Company business.
A recent example of the continued success from the Summer Company program is the story of last year’s program graduate Sari Abukhadra of Hamster Fun who exceeded his expectations his 2015 revenue expectations, operating human size hamster balls for adult fun. After completing his first year of university, Sari has returned to his business this summer and is expanding this year more than doubling his inventory of Hamster balls to keep up with the demand! You can see more about Sari’s success here: https://www.ontario.ca/page/summer-company-yearbook-2015
Be sure to watch for upcoming blogs featuring our Mississauga young entrepreneurs!
MBEC is located in the heart of downtown Mississauga, next to Square One Shopping Mall, and nestled in the Mississauga Central Library – 4th floor. Arrange a 1-on-1 meeting with our resident Business Consultant to discuss your business in more detail. MBEC will help you simplify the process! Just ask us!
Visit us online at www.mississauga.ca/mbec
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