For immediate release
The return of the Starter Company Plus program supports the recovery of businesses in Prescott and Russell
L'Orignal, September 9, 2020 - The Prescott and Russell Entrepreneurship Centre (PREC) present again this year the Starter Company Plus financial assistance program for SMEs in Prescott and Russell. This program offers grants, training and mentoring to entrepreneurs wishing to start, grow or purchase a small business. Interested parties can apply now for this program, which will begin in October.
Through this program offered in collaboration with the Ministry of Economic Development, Job Creation and Trade, entrepreneurs will be able to participate in virtual seminars on topics that affect small and medium-sized businesses. The PREC works in partnership with business coaches to offer seminars where entrepreneurs will be able to access valuable advice and tools on various entrepreneurial topics.
As a result of COVID-19, the program will be delivered differently than before. First of all, funds have been redistributed to support a larger number of businesses and thus be able to offer grants of up to $2,500 per business to a maximum of 13 recipients. This financial assistance, in the form of a non-refundable grant, will be available to both existing and new businesses. The program will provide financial support for the purchase of equipment, the development of a website or any other expenses related to the costs associated with the launch or expansion of a business.
"Over the past few years, we have witnessed the start-up and growth of many great businesses with the help of this program. The PREC always tries to adjust to the needs of the entrepreneurial community and this is the case with this program this year," said Liza Langevin, PREC Project Officer. "Our vision is to lead entrepreneurs in economic recovery," she continues. PREC will support participants in the training and in the writing of their business plans. In addition, this program is expected to increase the success rate of entrepreneurs.