Young Millionaires Program

For parents looking to nurture an early interest in business, the Young Millionaires Program offers a hands-on way for youth to turn ideas into real-world ventures. Designed for young people aged 9 to 16, this seasonal program focuses on building practical entrepreneurial skills through interactive workshops, mentoring, and guided activities that mirror what it’s like to start and run a small business.

Delivered across Prince Edward Island by regional partners, the program walks participants through the fundamentals of entrepreneurship, from creative idea development and basic marketing to budgeting, record keeping, and public speaking. Rather than being purely classroom-based, the experience encourages youth to think independently, test their ideas, and gain confidence in presenting and managing a simple business concept. Once participants complete the workshops and put together a straightforward business plan, they may receive a small, non-repayable micro grant—generally up to a couple hundred dollars—to help cover initial startup costs.

The Young Millionaires Program has been running for decades and is supported by organizations focused on economic development and innovation in the region, making it a trusted entry point into entrepreneurship for young Canadians. Applications are typically accepted during the summer months, and spots are limited. For families interested in understanding how the program works, what’s involved, and whether it’s the right fit, exploring the full details can help clarify the next steps.