Young Millionaires Program

This program opens for applications in May, and runs June - September

The Young Millionaires Program is a summer business and entrepreneurship program for youth aged 8 to 16 years. The program is designed to assist youth to discover more about the world of business and help them get started in a business of their own.

Through a series of adventure workshops, participants will develop basic business skills including record keeping, marketing, customer service and public speaking skills. Workshops are designed to promote a healthy learning and interactive atmosphere.

Upon completion of the adventure workshops, participants may then submit a business plan for the opportunity to receive a non-repayable grant in exchange for their cooperation and participation in the program. Sole proprietorships can receive a maximum of $100, while partnerships can receive up to $150. This non-repayable grant is to be used to start up the participant’s business. 

YMP Closing Event 2017

Check out this video from one of partnerships from summer 2017! 

Thanks Elise and Mollie for sharing your story.

Award of Excellence

The Award of Excellence goes to a young individual entrepreneur or a partnership of young entrepreneurs who have overcome obstacles, have shown personal growth, have reached their goals, either financial or other, have shown creativity in their product, have shown good customer service and have found a product worth developing.  

Congratulations to Darby Lea, Excellence Award Winner for 2017; and to Ellie Rainnie and Lily MacNutt and their business 'Ellie and Lily’s Pet Buddies', Excellence Award Winners for 2016

The Young Millionaires Program works to:

  • Teach youth important business and life skills
  • Develop positive self-esteem and confidence in the participants
  • Link youth with experienced community leaders
  • Potentially allow youth to own and operate their own business

    The Young Millionaires Program has been running since 1991, and is funded through the Atlantic Canada Opportunities Agency (ACOA) Business Development Program and Innovation PEI. It is delivered across PEI by regional business service agencies, including PEIBWA for the Charlottetown area. The program is offered free of charge to participants.

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