Thursday, August 3, 2023

New programs for young entrepreneurs, newcomers, refugee claimants


New training and funding programs for young entrepreneurs

Applications for Business in the Streets (BITS) fall programs are now open for entrepreneurs ages 18 to 34. Programs include the YCEO program, an 8-week virtual business training program with an opportunity to receive a $1000 grant and the BITS Boot Camp program that is aimed at small business owners currently in operations requiring additional support and access to the BITS Bucks $5000 Micro Finance Program. Applications are open until August 25. Learn more and apply.

How businesses can support refugee claimants and asylum seekers in Toronto

The City of Toronto is asking for support for refugee claimants and asylum seekers in Toronto in need of immediate shelter and aid. Property owners with available at-or below-average market rent units can help provide much-needed offers of housing while those wishing to make financial donations or provide goods and services can see a list of community organizations in their area on the City’s DonateTO webpage. Businesses, BIAs and individuals can explore partnership opportunities with the City of Toronto by emailing

Applications are still open for LatAmStartups’s Newcomer Entrepreneur Accelerator Program

LatAmStartups is providing a six-month accelerator program that is supported in part by funding from the National Research Council of Canada. This project is oriented to support 15 technology companies led by newcomer entrepreneurs in Canada. This program runs for six months starting in September 2023. Learn more and apply by September 4.

BusinessTO News is a weekly newsletter highlighting opportunities that are available to Toronto businesses such as programs, grants, resources and guidelines. For a full list of City of Toronto resources for businesses visit