YOUNG MILLIONAIRES PROGRAM

The Young Millionaires Program is a seasonal entrepreneurship program available to youth aged 9 to 16 from June – September.  We provide Prince Edward Island youth the opportunity to explore entrepreneurship by offering youth training, mentoring and ongoing support that will assist them to thrive in an entrepreneurial environment.

Youth discover and develop essential  skills through a series of workshops lessons and activities on basic business fundamentals such as; creativity and innovation,  idea development, marketing, budget creation, record keeping and public speaking.

Applicants are approved based on completion of their regional workshops, business idea, business plan, support, and enthusiasm. Once applicants complete the workshops and submit a simple business plan, a micro grant is issued directly to the applicant for the purpose of beginning their business. Micro grants are available up to $150  for sole proprietorship and up to $200 for a partnership.  All profits remain with the young entrepreneur to continue to develop their business, or to use as they wish.

 The Young Millionaires Program is offered Island wide by the following regional delivery partners listed below:

● Central Development Corporation – Central PEI

● Eastern PEI Chamber of Commerce. – Eastern PEI

● CBDC – West Prince Ventures – Western PEI

● RDÉE Ile-du-Prince-Édouard Inc.- Francophone Program

● Central Development Corporation- Charlottetown Area

The Young Millionaires Program has been operating since 1992, and is funded through the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program and Innovation PEI.

Don’t forget to scroll down to check out our AMAZING Young Millionaires Program commercials created by youth entrepreneurs:  Josh Harris; Cobra Productions ( 2021 YMP ),  Dominic Gallant; Hamster Studio Original, ( 2022 YMP ) and William Blanchard; Make It Move Studios, ( 2024 ) !

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