Full operation
The Young Entrepreneurs program uses a number of criteria to define full operation of a business. This program looks at the date that the applicant began making purchases and other details related to the delivery of good or services on behalf of the business.
The program will determine when the owner(s) began to be fully engaged in the operation of this enterprise (ie: leaving previous employment or completed area of study) demonstrating a change in employment activity. Additionally, the program will review the dates used for tax purposes, to indicate official business start date.
Full-time basis
On average, the youth business owner is personally involved for a minimum of 30 hours per week in the provision of services, development of products and administration of the business which directly relate to the venture.
Full-time students
A full-time student is a person enrolled with an educational institution and taking a minimum of 60 % of a normal full year's work (3 full credits/2nd year Master's Thesis) or the equivalent. Part-time students are those taking less than 60% of a normal year's work.
Principal applicant
The principal applicant is the person who submits the program application on behalf of the business venture. If the business is not a sole proprietorship, this principal applicant must be at least an equal partner or share holder in the business and have a role in the management and administration of the business activities. The program will request supporting documentation to verify partnership and corporate ownership.
Recognized training institutions or accredited service providers
Examples: Community Colleges, Universities, School Divisions, Continuing Educaiton Programs, Licensed Vocational Schools, related business seminars or conferences from reputable organizations.
Self-governing and self-regulating professional occupational categories
In Manitoba there are 24 self governing professions and occupations. The list of Manitoba professional occupations found below are not eligible to apply to the Young Entrepreneurs program for assistance to operate a business venture providing these professional services.
The following occupations are regulated in Manitoba by the Licensing Regime and only those who are qualified individuals are permitted to provide the regulated service:
Agrologist Land Surveyor Pharmacist Architect Lawyer Physician or Surgeon Chiropodist Licensed Practical Nurse Physiotherapist Chiropractor Midwives Psychiatric Nurse Dentist Naturopath Registered Nurse Denturist Occupational Therapist Respiratory Therapist Engineer Ophthalmic Dispenser/Optician Speech & Hearing Therapist Geoscientist Optometrist Veterinarian