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This recipient got funding on their own and you may too, if eligible. Contact the relevant funding agency or our Centre for information.

Health and wellness business gets $15,000 government loan

Project:
Health and wellness business gets $15,000 government loan
Industry:
Health Care, Well Being and Social Assistance
City:
Ottawa, Ontario

Until June of 2014, Melissa Jirovec was a registered nurse, shortly after; Melissa's husband was in a serious accident which left him with a traumatic brain injury and changed the course of both of their lives. "Once my husband was discharged from hospital and I started to have some time for myself, I began to research different career paths, and stumbled upon the coaching certification course given by the Healthy Wealthy & Wise Corporation. During that course, something incredible happened- for the first time I truly felt as though I was doing exactly what I was meant to do. Inspired, I started my own health & wellness business: Out of the Rut. I decided I wanted to help people attain wellness by helping them to work on areas of their lives that impacted their health and well-being. I set up my coaching practice, worked on coaching programs, and started doing motivational speaking sessions."



Out of the Rut has been in operation since April of 2015 and should be fully operational by summer 2015. As of right now the business offers one on one coaching, speaking services and workshops that incorporate a wellness model based on 5 specific areas: A positive mindset, healthy coping mechanisms, relationships and communication, self-care and self-love.
To get her business to where she wanted it to be Melissa needed more funding. After searching online Melissa came across the CSBF. The CSBF directed her towards the Futurpreneur Canada Program through which she was able to secure a $15,000 loan.


Government funding proves invaluable to Canadian small business


As far as receiving a loan from Futurpreneur Canada, Melissa says that "Their website was very easy to navigate and their process was simple as well. They communicated with me every step of the way, assigning me a case manager who made sure I was on the right track." In order to receive the funding she needed Melissa had to "submit a business plan as well as a financial statement and the website had an excellent template that was very easy to use." "My case manager reviewed my final documents and made suggestions, which I incorporated and the second version was accepted. They also required me to participate in a two-year mentorship, and found me an excellent mentor very quickly."


As far as the role that the CSBF played in helping Melissa find the funding she needed, she states" The CSBF allowed me to review my options for funding and find the right option for me. I came across the CSBF while I was searching for funding information online, had I not found a funding option, it would have taken me a lot longer to really get up and started."


Melissa used the $15,000 loan to pay to secure booths and participate in industry events, acquire essential office equipment and on marketing her business.

If you are an entrepreneur interested in starting your own small business, consider looking into the CSBF website to find out about the financing options that are available to you, you can also call us toll free at 1-866-682-2402 for further assistance.

Please note our Centre is not affiliated with programs profiled in the above article and no claim is made that funding is due to our Centre unless stated.
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