New Ventures BC — d'accélération pour les entreprises ### 📋 Eligible Entities - Early-stage entrepreneurs and startup founders in British Columbia - Individuals planning to launch a new business venture - Entrepreneurs at the pre-launch or early launch stage - Canadian citizens, permanent residents, and individuals legally authorized to work in Canada - Applicants must be based in or planning to establish operations in British Columbia ### 💰 Funding Details - Grant Type: Non-repayable funding (grant-based support) - Funding Amount: Varies by program stream; specific amounts not detailed in provided description - Cost-Sharing: Likely includes in-kind contributions or match requirements (to be confirmed with program administrator) - Repayability: Non-repayable grant (no loan component indicated) - Disbursement: Funds typically released upon meeting milestones and program requirements ### 🛠️ Approved Expenses - Entrepreneurship training and business skills development - Business plan development and refinement - Mentorship and advisory services - Access to professional resources and business support tools - Startup operational costs related to launch preparation - Networking and ecosystem access activities - Specific capital expenditures subject to program guidelines ### ⚠️ Conditions & Milestones - Participation in mandatory entrepreneurship training program - Development and submission of a viable business plan - Regular engagement with assigned mentors and advisors - Completion of program milestones and reporting requirements - Attendance at workshops and networking events - Demonstration of business viability and market validation - Compliance with program terms and conditions throughout funding period - Potential clawback provisions if business milestones are not achieved - Timeline typically spans 3–6 months from enrollment to funding completion