1. The Michaëlle Jean Foundation reserves the right, in its sole discretion, to modify, amend or cancel the Young Arts Entrepreneur program (the “Program”) at any time without notice, and to decide all questions respecting the awarding of grants and the administration of the items and conditions of the Program.
2. To be eligible for a Grant, Applicants must:
a. Be aged 18-30
b. Be a Canadian citizen or permanent resident
c. Demonstrate experience of the impact of the arts in his or her underserved community/neighbourhood (“arts” are broadly defined to include all forms of creative expression)
d. Propose a new enterprise or extension of an existing project that demonstrates using the arts as tools of social change in his or her underserved community
e. Propose a project that is recommended by, and preferably supported by, a community association
f. Agree to work with both artistic and business mentors for a period of two years
g. Have some training/experience related to their business idea
h. Produce a viable project outline for which a complete business plan can be developed within one year
i. Complete all sections of the Program application form (“Application”) and submit it with 2 letters of support
j. Certify that all the information provided on the Application and in all the accompanying documents is true, accurate and complete to the best of their knowledge.
3. By submitting an Application, the Applicant authorizes the Michaëlle Jean Foundation, the Program Committee, and grant jury, to collect, use, store and confirm information about the Applicant provided on the application submitted (including references) to those who need to know such information for the purposes of administering and promoting the Program. The Program committee and jury will use the information only for the purposes of evaluating the Applicant.
4. Each Young Arts Entrepreneur grant will have a value of $7,500. Grants will be paid in 2 equal installments.
5. Grants must be expended within 2 years of receipt of the first installment.
6. All recipients will be required to work with assigned artistic and business mentors throughout the 2 year grant period. These mentoring relationships will be monitored and evaluated periodically.
7. All recipients will be required to submit two written reports on the use of their grant: one accompanying a business plan at the one-year point after receipt of the initial grant payment, and another at the end of their grant period, 2 years after receipt of the initial payment.
8. All recipients will be required to do a business presentation at one annual peer and mentor event during the grant period.
9. A grant may be terminated at any time by the Program, upon the occurrence of any behaviour on the part of the recipient that the Program, in its sole discretion, deems inappropriate, including but not limited to any criminal or civil misconduct.
10. All recipients must inform themselves as to the tax consequences of receiving the grant.
11. All recipients will be required to sign a Declaration and Release which will entitle the Michaëlle Jean Foundation and Program sponsors to use the recipient’s name, city and province of residence and photograph, without further compensation, for any publicity carried out with respect to the Program.