The FuEL Awards are sponsored by Rogers, TD Bank, KPMG, File Mobile, Profit Magazine and Impact. They are looking for Canada’s future entrepreneurs. They will select 20 applicants who they deem Canada’s Future Entrepreneurial Leaders. These 20 applicants will:

• win a national award

• be featured on the FuEL website and in the December 2011 issue of profit magazine

• receive a one day consultation with KPMG

• be given a chance to be FUEL Entrepreneur Of The Year and attend QuantumShift at the Ivey School of Business

To be eligible, applicants must:

• be resident in Canada and born in or after 1982

• be headquartered in Canada

• have significant operations in Canada

• be Canadian owned

• operate independently (no subsidiaries or divisions)

The judging panel will be made up of members from the Impact Entrepreneurship Group. The evaluation will be scored based on the following criteria:

• product or service innovation: 25%

• community building/social responsibility: 15%

• job creation/employment practices: 15%

• commercial results/potential: 25%

• total votes: 20%

The public will be able to vote on the FuEL Website until August 7, 2011. Entrepreneurs can either apply or be nominated. The application deadline is July 15, 2011. Winners will be announced November 14, 2011. While the prizes are not a lucrative as some of the other business contests that are going on this summer, if you fit the criteria, it is probably a good idea to apply. The publicity from being shortlisted or winning Entrepreneur Of The Year could help your company to the next level of success.