Starting a Business in Canada

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Oct 24, 2011 - 2 minute read - Comments - business news

2011 Enterprize Canada Business Plan Competition

If you are an undergraduate student at one of Canada’s universities, you have the opportunity to enter the Enterprize Canada Business Plan Competition and to compete for the $15,000 first prize. Contest entrants will be given feedback on their business ideas and their business plans by the panel of preliminary judges. Past competitors will work with contest entrants to help them refine their pitches to the judges.

The competition is broken down into 4 rounds:

Qualifying Round (October 1 - December 3, 2011)

To enter this round, teams are required to submit a 5 page abstract of their business idea. The judges will choose 10 teams per region to move forward in the competition.

Regional Round

Teams will be required to submit a 15 page business plan. They will be required to travel to the host school in their region where they will present their plan to a panel of judges. The host schools are:

  • University of British Columbia - B.C. and Alberta participants
  • University of Guelph - Manitoba, Ontario and Saskatchewan participants
  • Concordia University - Québec participants
  • Mt. Allison University - New Brunswick, Nova Scotia, Prince Edward Island, & Newfoundland and Labrador

Three teams from each of the regions will be selected to compete in the national competition.

Semi-Final And Final Rounds

These final two rounds of the competition will take place in Vancouver at the Hyatt Regency Hotel on February 10-12, 2012.

If you are an undergraduate student with an idea for a business, this is good opportunity to get help with your business idea. Winning the competition would not only get you the prize money, but an initial boost of publicity for your business.