PICS launches Youth Entrepreneurship Project

Pilot program aims to help people from 18 to 34 become self employed

Surrey's Progressive Intercultural Community Services Society is launching a youth entrepreneur project

Progressive Intercultural Community Services (PICS) Society is launching PICS Youth Entrepreneurship Pilot Project on Feb. 22.

The project aims at helping youth entrepreneurs between the ages of 18 and 34 years to launch their businesses and become self-employed. The participants would be supported during the launch of their businesses by providing pre and post-launch coaching, financing, mentoring and business resources.

Thereafter, volunteer mentors would be available to the youth entrepreneurs for a duration of two years. For the first batch of applicants PICS would be able to support 10 to 15 participants. Since available vacancies are limited, these would be filled on a first come – first served basis.

Project Partners

As a Community Partner of Canadian Youth Business Foundation (CYBF), PICS would be supporting youth entrepreneurs with accessing start up loans from CYBF.

This is a character based loan, and based on their credit rating, youth entrepreneurs can get a loan of up to $ 45,000; and newcomer youth entrepreneurs (with less than five years of residency in Canada) who do not have a credit history can get a loan of up to $ 15,000 to launch their businesses.

Thereafter, having run their business successfully; between 3 to 5 years, they could become eligible for the Expansion Program which provides financing of up to $30,000 so as to be able to expand their business.

Students In Free Enterprise (SIFE) from the BCIT chapter are supporting PICS towards delivery of this project. SIFE members at BCIT who are business students/faculty would be supporting youth entrepreneurs from this project in the areas of financial planning, marketing, operations, and creative design on an ongoing basis. For the first batch of participants, workshops would be delivered during the months of March and April 2012 that would cover subjects to include:

 

  • Goal setting
  • SWOT analysis
  • Budgeting and funding
  • Marketing
  • Basic computers
  • Presentation skills

Information Session

To help participants with registration for this project, PICS would be holding an information session at PICS Main Office:

Place: # 205 – 12725 – 80th Avenue, Surrey, BC, V3W 3A6

Date: February 22, 2012

Time: 3:00 PM to 4:00 PM

Seating for the information session is limited, and participants must pre-register by sending an email at deshpal.grewal@pics.bc.ca or on telephone at 604-596-7722, extension 110. For more information visit www.pics.bc.ca

Just Posted

Surrey mayor says city won’t repay $56M spent on LRT, but might pony up $40M in land transfers

There will be no tax increase for Surrey residents resulting from this, McCallum confirms

VIDEO: Surrey firefighters reach $1 million milestone in giving

For the first time in a single year, the Surrey Fire Fighters’ Charitable Society raised - and gave out - more than $1 million

Fentanyl found at a Delta high school, district says

Warning issued after fake Xanax pills confiscated from a student were found to contain opioids

Grandview Heights Aquatic Centre to close in February for ‘scheduled maintenance’

Fitness centre at the South Surrey facility will remain open during the pool closure, the city notes

White Rock councillors speak out on $100,000 art project

A hospital sculpture, paid for by city, draws criticism

MAP: Christmas light displays in Surrey, Langley and beyond

Send us pictures of your National Lampoon-style lit-up homes, nativity scenes or North Pole playlands

Media, robotics, Indigenous studies coming to B.C. Grade 12 classrooms in 2019-20

Provincial tests are also being changed for students in Grade 10 to 12, the Education Ministry said

VIDEO: Royals reveal the images on their Christmas cards

Prince William and his wife Kate are shown outside in casual clothes, their three young children in tow

ICBC to apply for 6.3% hike to basic insurance rates

Crown Corporation said it will be submitting its next basic rate application to the British Columbia Utilities Commission Friday

Vancouver says court decision allows it to close illegal pot shops

The city says it filed 53 injunctions against businesses that were operating outside its regulations,

Stranded B.C. trucker writes final wishes before being rescued 3 days later

‘I was just praying someone would come along’

Dress like Santa to ski for free in Whistler

Nearly 90 centimetres of snow has fallen since Wednesday, with more expected into the weekend.

Kazakstan’s U20 team takes 4-3 win over Lower Mainland university squad

Thursday night’s game is one of four the visitors are playing at the Langley Events Centre.

Fashion Fridays: How to change your beauty routine

Kim XO, lets you in on her style secrets each Fashion Friday on the Black Press Media Network

Most Read