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Did You Know
BC's digital media and wireless sector is comprised of over 1,300 companies generating revenues in excess of $3 billion per year. Read more
Competitions
Competitions provide entrepreneurs with the opportunity to compete for a monetary prize. In BC, several tech organizations, business incubators, accelerators and universities hold business competitions for startup entrepreneurs.
Why is it important?
Competitions are not only a source of great equity funding, but many provide entrepreneurs with invaluable learning and networking opportunities and access to important resources, such as mentors and experts for feedback on their business plan.
The payoff for business competition winners can be large and establish the foundation for the startup's operation.
Resources
- BCIC-New Ventures Competition: The BCIC-New Ventures Competition is like a boot camp for business startups, with business- education seminars, networking, mentoring and $300,000 in prize packages. Annually, the Competition invites participants from all over BC. This year, a Regional Competition will be launched, inviting start-ups from all corners of our province to compete.