Five young entrepreneurs get 'hooked up' with $1,500

Five social entrepreneurs are the recipients of a $1,500 micro-grant through the “Hook it Up” program spearheaded by the Socent7

NEWS RELEASE

ALGOMA UNIVERSITY

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Five young local social entrepreneurs are the recipients of a $1,500 micro-grant through the “Hook it Up” program spearheaded by the Socent7, a collective of youth social entrepreneurship organizations funded by the Ontario Trillium Foundation to foster a culture of entrepreneurship throughout Ontario.

The initiative provides a small injection of capital to help young entrepreneurs aged 13-35 test out their concept and turn it into a reality.

The area’s successful applicants include a tool library, building and expanding local food production operations, an all-female Aboriginal drum circle, and the Algoma University People’s Garden.

Recipients applied to the Hook it Up program through a peer-nomination format, a partnership between mentors and mentees to support social enterprise development and implementation.

This extra layer of network development, support from the mentor, and a small cash injection is often a barrier to entrepreneurs achieving their goals.

Hook it Up builds on programming and support currently being delivered in Northern Ontario through Socent7 member, Social Entrepreneurship Evolution (SEE), offering free business workshops, networking and a wide variety of online entrepreneurial resources and supports for social entrepreneurs.

To learn more about Hook it up go to www.HookItUp.ca. To learn more about SEE visit their website at www.seethechange.ca.

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