Innovators & Entrepreneurs Foundation Micro-grant Program (Canada)

Categories

The charity and its sponsors have the following five (5) FALL 2023 Micro-grants categories:

• Product Innovation Micro-grant, sponsored by UPS
  • One x $5000 CAD micro-grant available
    • To be granted to an entrepreneur who has successfully launched a novel product that offers a significant advancement in its business’ industry category.
    • Product Innovation Micro-grant additional eligibility: New product must be already on market and generating revenue.
• Global Export Micro-grant, sponsored by UPS
  • One x $5000 CAD micro-grant available
    • To be granted to a small Canadian business to aid in launching its products into new international markets.
• Woman Business Owner Micro-grant, sponsored by TD
  • Six x $5000 CAD micro-grants available
    • To be granted to empower women business owners through financial aid to fuel their entrepreneurial endeavors and achieve their business goals.
• Indigenous Business Owner Micro-grant, sponsored by Intuit
  • Two x $5000 CAD micro-grants available
    • To be granted to Indigenous entrepreneurs to provide financial support to sustain, advance, and scale their businesses and to foster economic growth in their communities.
• Social Impact Small Business Micro-grant, sponsored by CIRA
  • One x $5000 CAD micro-grant available
    • To be granted to a business with a clear social mission and a commitment to measurable business outcomes that add value to its community and/or the environment.
    • Social Impact Small Business Micro-grant additional eligibility: Applicants must present a compelling plan for measurable positive change and sustainable practices within its business operations model.

Funding Information

• The charity is thrilled to offer 11 cash micro-grants, each valued at $5000 CAD!

Eligibility Criteria

All IEF 2023 Micro-grant applicants/nominees must:

• Be a Canadian citizen or permanent resident.
• Be at least one of the following for the business the application is based on: founder, owner, co-founder, co-owner, person who owns or co-owns the entity or trademark for brand, product name, or service.
• Be an active senior leader and key decision-maker for the business.
• Have a business founded and based/headquartered in Canada.
• Have a business that has been operating and generating revenue with a product or service available in market for a minimum of one year.
• Be a member of an equity-deserving or/and racialized community(ies). If specified in the micro-grant category, the applicant/nominee must be a member of the equity-deserving group identified in the category name and/or description.
• Meet the additional categorical requirements that are specified in the IEF FALL 2023 Micro-grant category for which the applicant/nominee is applying.

For more information, visit IEF.