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Business Plan Development Program |
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The Business Plan Development Program provides training and financial support to eligible individuals wishing to develop a comprehensive business plan. Individuals who are not eligible may purchase a seat in the program for $500.00 plus GST, based on availability. Once an application is approved, the applicant signs a contract with CFDCCO for continuing EI Benefits and agrees to attend four weeks of in-class instruction, and to develop and complete a business plan within a ten week period. Please note, you must attend the Three Day Entrepreneurial Assessment Workshop prior to applying for the Business Plan Development Program.
Course information includes:
- Management & Business Operations
- Market Research, Market Strategy, and Promotions
- Development of Financial Statements and Determining Financing Requirements
- Risk Assessment
- Implementation Planning.
Who Can Apply?
To qualify, you must meet the following requirements:
- You must attend an Information Session
- You must have a referral from a Career Resource Centre*, French Cultural Centre or Career Contact Centre for Youth.
- You must reside in the Central Okanagan and agree to operate your new business here
- You must be eligible for Employment Insurance or have had an active claim in the past 3 years (5 years for maternity/paternity claims)
- You must have a business idea and have experience in the field of interest
- You agree to work full-time in your business while you receive financial assistance
- You must meet the minimum equity contribution requirement, in cash or in kind, showing that you are investing in the start-up of your business
- You must not start the business until you get approval
- You may not leave a job to start the program.
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