The Innovators & Entrepreneurs Foundation (IEF) Micro-grant program is designed to provide a financial boost to Canadian small and medium-sized businesses (SMEs) that are already operational, generating revenue, and who need a financial boost to improve their business operations.

The goal of the IEF Micro-grant program is to support founders belonging to equity-deserving and/or racialized communities across Canada overcome financial obstacles and achieve growth, sustainability, and success in their businesses.

IEF Micro-grants offer its recipients a business cash injection to be used to fund various business activities such as marketing campaigns, digital enhancements, employee training, international expansion, equipment upgrades, and more. IEF collaborates with its micro-grant partners and sponsors to determine the eligibility requirements for each micro-grant category.

Innovators & Entrepreneurs Foundation is thrilled to offer eleven (11) micro-grants of $5000 each ($55,000 total in micro-grants!) for our Fall 2023 Micro-grant series, presented in partnership with UPS. The IEF Micro-grants aim to support Canadian entrepreneurs and small business owners in surmounting financial challenges and fostering business growth.

The Fall 2023 micro-grant categories and category-specific requirements will be announced on September 25, 2023.

Open call for applications for the Fall 2023 micro-grants will run from October 2, 2023, 9am ET to 11:59pm PT on November 12, 2023. All applications must be submitted through the charity’s website portal.

Are you interested in learning more about IEF’s Fall 2023 micro-grant series? Looking to plan in advance for your application? Check out the general eligibility, terms and conditions, and application questions below: