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Monday, March 5, 2012

Rewarding innovation

Start your Innovation engines

 

The challenge

At BDC, we believe that innovation can help entrepreneurs succeed in an increasingly competitive world. That’s why we have created this award to recognize, encourage and support young entrepreneurs who put innovation at the heart of their business strategy.
We're asking Canadian entrepreneurs aged 18 - 35 (as of December 31, 2011) to submit plans for innovation projects that will either improve their company’s processes, products or services, or their ability to better meet their clients’ needs. Have an idea? Tell us about it. It could be worth $100,000.

The process

To enter the contest, create a short video (1 to 2 minutes) explaining your innovation project and how it will help grow your business. Your video could be your pitch to Canada, so be clear, concise and persuasive. Then, fill out our four-step form and submit your video.

The finalists

Our judges will choose 11 finalists — one per province and one to represent the combined territories. These 11 finalists will benefit from national and regional visibility opportunities.
Then Canada will determine the winner. Canadians will vote on BDC's microsite or Facebook page for the project of the finalist who they think most deserves the $100,000 BDC Grand Prize for Innovation.

The prize

The finalist who receives the most votes will win $100,000 to implement his or her innovation project.
And it doesn’t end there. After the contest, the winner will keep a video journal tracking the progress of his or her innovation project. Through BDC's microsite and Facebook page, people across Canada will watch the winning project come to life. And the winner will get valuable national publicity as an award-winning innovator in his or her field


 http://www.bdcyoungentrepreneuraward.ca/

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