ONTARIO NEWS RELEASE: Ontario Boosting Training for Entrepreneurs

KITCHENER — The Ontario government is protecting workers and small businesses by investing $5 million to provide free business development training, coaching, networking support and a $10,000 grant to racialized and Indigenous entrepreneurs. The 2025-26 Racialized and Indigenous Supports for Entrepreneurs (RAISE) program will help more than 400 entrepreneurs get the resources they need to transform innovative ideas into successful businesses, creating local jobs and long-term economic growth.

“At a time of economic uncertainty, our government is protecting the next generation of entrepreneurs, ensuring they get the financial and technical support they need to bring made-in-Ontario businesses to life,” said Graham McGregor, Minister of Citizenship and Multiculturalism. “Since launching in 2022, the RAISE program is part of our plan to empower racialized and Indigenous leaders to reach their potential, make a difference in their community and fuel our economy in the process.”

Applications are now open for the 2025-26 RAISE program, where participants will receive free online business development training from DMZ at Toronto Metropolitan University — one of Canada’s leading business incubators — and a one-time grant of $10,000 upon successful completion. Funding is part of the government’s $15 million investment over three years to ensure entrepreneurs and small business owners have the necessary training and support needed to launch and grow their businesses across the province.

“With the support of the RAISE program, we were able to strengthen our business foundations and expand our reach across Kitchener and Guelph,” said Miki Ferrall, Co-founder of Crafty Ramen. “This grant has given us the resources we need to grow sustainably and create jobs in our community, while continuing to share our passion for ramen and Japanese-inspired food culture.”

Interested entrepreneurs can learn more at Ontario.ca/RAISE and submit applications until October 1, 2025.