The Business Development Bank of Canada (BDC) had a successful 2013 and they hope to continue this trend in 2014. Coming off its announcement last week of introducing four new awards (mentorship, innovation, resiliency and serial entrepreneurship) is the official opening of the 2014 edition of the BDC Young Entrepreneur Awards.
The BDC is looking for Canadians aged 18 to 35 who are at a “turning point” in their business and looking to rise to the next level. Up for grabs this year is a grand prize of $100,000, along with a secondary prize of $25,000 in BDC Consulting services, plus of course some major exposure.
To enter this contest an possibly score the $100k, interested applicants must submit a 1-2 minute video — basically an “elevator pitch” — that describes their business’s turning point and the solution it’ll help them achieve future growth.
The deadline to enter the BDC Young Entrepreneur Award contest is April 3rd, 2014, at noon (EST). In total there’ll be 11 finalists across Canada, one for every province and one for the three territories (Yukon, Northwest Territories and Nunavut). After a selection of finalists and a voting period, the BDC will announce the winners on June 18th.
Michel Bergeron, Senior Vice-President, Marketing and Public Affairs at BDC, said “Now’s the time to be bold, dream big, explore new avenues and devise the winning strategy that will make your business thrive… The contest aims to showcase the vibrancy of Canada’s young entrepreneur community and its importance to the prosperity of our economy. It is an opportunity for entrepreneurs to raise the profile of their business and tap into networks that will ultimately help them keep ahead of competitors and take their business to the next level.”