The Business Development Bank of Canada (BDC) is calling on young entrepreneurs to apply for a cash award.
A grand prize of $100,000 cash and a second prize of $25,000 in consulting services are up for grabs. Any business operator aged 18 to 35 is eligible.
According to the BDC, applicants are asked to create a short video describing a turning point their business has reached and the solution that will help them achieve future growth. This video - which need not be professionally produced - should clearly explain the turning point solution, have good image and sound quality and be memorable. All entries have to describe a project that has yet to be implemented.
"Young businesses owners in Prince George have a chance of a lifetime to step up and grow their company," said Stephanie Loo de Nevers of Magpie Marketing, spokesperson for the initiative. "Young entrepreneurs are often faced with greater risk and realities of running a business that include access to financial resources to expand and grow. Small and medium size businesses are the engine of the Canadian economy, and this contest can be life altering for a young entrepreneur."
The deadline for submitting applications is April 2 at 9 a.m.
For complete information look up the program's website (http://www.bdcyoungentrepreneuraward.ca/) or call the Prince George branch of the BDC.