Starting a business in Durham Region can be an exciting and lucrative project. If you want to start a business, you'll need to begin with planning. You should research the local labour market and see what kinds of businesses might have the best chance to succeed.
When planning your business, you should ask:
- Is there a need for the business I want to start?
- What are the overhead costs?
- Is there a high risk with starting this kind of business?
- How will I fund my business?
- Am I eligible for grants or loans?
- How many employees will I need?
- Where can I find employees?
- Are there agencies that can help me get started?
- How will I support myself while my business is getting started?
Newcomer Women's Entrepreneurship Program
Community Development Council Durham (CDCD) and the Business Advisory Centre Durham (BACD) are offering a new program to help women who are new to Canada and who are interested in starting a business. It will offer:
- Entrepreneurial training and workshops
- One-on-one consultations with business experts
- Access to the business community and professionals
- Increased knowledge of Canadian business culture
For more information, please email newcomerentrepreneurship@cdcd.org or access the Newcomer Women's Entrepreneurship Program website: CDCD | Newcomer Women’s Entrepreneurship Program.
Business Advisory Centre Durham (BACD)
Business Advisory Centre Durham (BACD) can help you plan your roadmap for your new business.
Spark Centre
Spark Centre helps technology and innovation entrepreneurs get started in Durham Region.
Economic development
Get more information from local economic development offices. They can help you get your business started.
Ontario Works (OW) Self-Employment Program (SEP)
You may be eligible for the Ontario Works (OW) Self-Employment Program (SEP) if you need financial assistance while starting your business. SEP is for OW clients who want to be self-employed, but still need financial assistance. The SEP program does not provide start-up loans.
Business Development Bank of Canada (BDC)
The Business Development Bank of Canada (BDC) may be able to help you develop your small business. It offers a variety of loans. You can contact BDC at 905-725-3366.
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