Grant program offers $5K to 6 new businesses in Stratford
Grant money comes with business education and mentorship program
A group of small businesses in the Stratford area have received a total $30,000 in provincial grant money to help advance their companies.
The Starter Company Plus program, which is run through the Stratford Perth Centre for Business, granted $5,000 along with a business education and mentorship program as well as additional support for three years.
The final six companies, who are in areas of veterinary medicine, water, publishing and digital marketing were whittled down from the hundreds who applied to the program this past year.
Holly Mortimer, the business advisor at the Stratford Perth Centre, said it's a great opportunity to be able to help new businesses launch their company.
"So often small business owners feel very isolated or overwhelmed with all of the decisions that they need to make," said Mortimer.
"It can take them a long time to get to the point where they feel like they might have even a small handle on things."
Applications for the program are available at small business centres in 52 locations across the province.
Stephen Patterson was one of the successful applicants for the program. His company, Cleanwater Systems, sells water filtration systems for houses.
Patterson said the program will help grow his company in Ontario through a social media campaign.
"It gives me more confidence to speak about it now that...we're good at focusing on what our product is, how we can help people, and how we want it out there," said Patterson.
"For three years they're allowing us to stay in contact if we have any questions throughout the process or throughout building our business."
Applications for the next cohort program will be announced sometime in January.