The Business Development Bank of Canada (BDC) is accepting applications for the 2013 edition of the BDC Young Entrepreneur Award.
To win a $100,000 grand prize, entrepreneurs aged 18 to 35 are invited to present a turning point their company has reached and the solution they propose to take their business to the next level.
A second prize, consisting of $25,000 in consulting services, will be awarded to the BDC Young Entrepreneur Award runner-up. The deadline for submitting applications is April 2 at noon eastern.
"Showcasing and supporting Canada's best business talent is an important aspect of our mandate," said Michel Bergeron, senior vice president, marketing and public affairs at BDC. "The BDC Young Entrepreneur Award is the premier venue to shine a spotlight on some of the challenges young business owners face today."
The contest is open to all Canadian entrepreneurs aged 18 to 35 as of Dec. 31, 2012. Entrants must be Canadian citizens or permanent residents responsible for the daily management of a Canadabased business for at least two years as of Dec. 31, 2012, and must hold at least 20 per cent of the company's capital stock.
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.
Applications must be filled out and submitted on-line at http://www.bdcyoungentrepreneuraward.ca/.
More information about 2013 BDC Young Entrepreneur Award eligibility criteria, the application process, the rules and regulations and the format of the video submissions is available on the contest's microsite.
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