This study examined survey data from coordinators, community organizers, and grant applicants that were part of the ParticipACTION Teen Challenge, a national micro-grant scheme administered in Canada. Results showed that the financial subsidy of $500 CAD was used mainly toward equipment, instruction, and transportation. Coordinators and community organizers were highly satisfied and reported benefits for communities and teens. A key benefit for coordinators was leveraging the Teen Challenge network for physical activity promotion. Reported benefits for teenaged participants included leadership opportunities (e.g., helping create and implement programs) and increased physical activity participation. Findings highlight the value of micro-grants for supporting sport and physical activity opportunities for Canadian teens and show that such models address barriers related to environmental resources.