$10,000 CAD Grant for Canadian Small Businesses by Amex 2025
Deadline: June 9, 2025
The Amex Canadian Small Businesses Grant Program 2025 is now accepting applications. Funded by American Express Canada and managed by DMZ at Toronto Metropolitan University, the program aims to support 100 Canadian small businesses that have community significance and are owned by individuals facing economic hardship. Selected businesses will receive a $10,000 CAD grant and 12 weeks of virtual mentoring, including workshops, group sessions, and one-on-one coaching in areas like sales, marketing, operations, and leadership. To qualify, applicants must be Canadian citizens or residents, at least 18 years old, own an active, independent business in Canada with revenue under $1.5 million CAD, and operate either physically or online. Preference is given to businesses with community impact, economic challenges, and clear plans for the grant’s use. The application deadline is June 9, 2025, with results communicated by June 23, 2025.
The application period is now open for the Amex Canadian Small Businesses Grant Program 2025, an exciting initiative designed to support small businesses across Canada. Funded generously by American Express Canada and managed by DMZ at Toronto Metropolitan University—one of Canada’s leading innovation hubs dedicated to fostering entrepreneurship—this program aims to empower small businesses making a difference in their communities.
A total of 100 eligible Canadian small businesses will be selected to receive a $10,000 CAD grant, along with comprehensive mentoring support from DMZ. Recipients will gain access to valuable resources tailored to help their businesses grow and succeed in a competitive marketplace.
Mentoring and Training Support
Participating businesses will benefit from mentoring that includes workshops, small group sessions, and one-on-one meetings with experienced DMZ mentors. These sessions are designed to provide personalized guidance on key business areas such as sales, marketing, operations, and leadership. The mentoring program is flexible and part-time, allowing business owners to receive support without disrupting their daily operations. Additionally, participants will have access to an on-demand online learning platform offering a variety of educational resources and courses to enhance skills and knowledge relevant to business growth.
Eligibility Criteria
Applicants must meet the following requirements:
– Be a Canadian citizen, permanent resident, or have valid authorization to work and operate in Canada.
– Be at least 18 years old.
– Own an independent, non-franchise business incorporated and primarily operated in Canada.
– Be actively operating in Canada since or before January 1, 2024.
– Have annual revenue of less than $1.5 million CAD in 2024.
– Operate from a physical location or through an online platform.
– Be comfortable conducting business in English or French, as mentorship sessions will be available in both languages.
Preference will be given to applicants who:
– Demonstrate strong community engagement or significance.
– Have faced economic challenges during the startup or operation of their business.
– Present clear plans on how they intend to use the grant funds and how it could impact their growth.
Application Process
Interested applicants must submit their applications by June 9, 2025, at 11:59 p.m. Eastern Daylight Time. Successful candidates will be notified of their selection by June 23, 2025.
In conclusion, the Amex Canadian Small Businesses Grant Program 2025 offers a valuable opportunity for small business owners across Canada to access financial support, mentorship, and educational resources aimed at fostering growth and resilience. By providing $10,000 grants and tailored mentoring, the program seeks to empower entrepreneurs to overcome challenges, expand their operations, and strengthen their communities. Eligible applicants are encouraged to submit their applications by the June 9, 2025 deadline to potentially benefit from this impactful initiative, which underscores a commitment to nurturing Canada’s vibrant small business ecosystem.
For more information, visit Amex Canadian Small Businesses Grant.