If you’re a student in Ontario with a business idea, the Summer Company Program can help you launch a real summer business. The program offers hands-on training, mentorship, and up to $3,000 in non-repayable funding to help you start and run your business during the summer months. Understanding the application steps and eligibility requirements improves your chances of approval.
Summer Company is an Ontario government program for student entrepreneurs who want to run a business over the summer. The Ministry of Economic Development, Job Creation and Trade delivers the program through local Small Business Enterprise Centres across Ontario.
Eligible students can receive:
This funding is a grant, not a loan. You do not pay it back if you meet the program conditions.
To apply for the Summer Company Program in Ontario, you must meet all of the following criteria:
You do not need to be incorporated. Most Summer Company businesses operate as sole proprietorships during the program period.
The application process is competitive and involves several steps. Preparing ahead can help you stand out.
Applications are submitted through a local Summer Company provider. This is usually a Small Business Enterprise Centre or regional economic development office. Each provider manages its own intake and review process.
You need to submit a short business plan. This usually includes:
Keep your numbers clear and realistic. Reviewers want to see a plan that makes sense and can work in the summer.
GrantHub’s eligibility matcher can help you filter programs by province and business stage in seconds.
Deadlines vary by region. Applications usually close between February and April each year. Some areas fill up early. Applying sooner improves your chances.
If you are shortlisted, you will be invited to an interview. You may be asked questions such as:
Successful applicants are notified before the summer start date.
Once approved, you must:
The second funding installment is paid after you complete these requirements.
Applying too late
Many regions stop accepting applications once spots are filled, even before the posted deadline.
Unrealistic financial projections
Inflated sales numbers without a clear marketing plan raise red flags.
Choosing a business that can’t operate full-time in summer
Seasonal or part-time ideas with limited hours are less competitive.
Ignoring local program rules
Each provider may have extra requirements, such as workshops or pitch formats.
Q: Is the Summer Company Program a grant or a loan?
It is a non-repayable grant. You do not repay the funding if you meet program requirements and complete the summer business period.
Q: How much funding can I get from Summer Company?
You can receive up to $3,000 total. This is typically split into two payments of up to $1,500 each.
Q: Do I need to incorporate my business to apply?
No. Most participants operate as sole proprietors during the program. Incorporation is not required.
Q: Is Summer Company funding taxable?
Yes. The funding is considered taxable income. You should track expenses and speak with an accountant if you are unsure how to report it.
Q: Can students in Toronto apply for Summer Company?
Yes. Toronto residents apply through designated local program providers within the city.
The Summer Company Program is often just the starting point for student entrepreneurs. Many participants qualify for additional youth and startup grants once their business gains traction. GrantHub tracks hundreds of active grant programs across Canada— including student and youth-focused funding—so you can quickly see which options match your business profile and location.
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