5) You could boomerang into the big leagues.
Fact: About 50% of small businesses in Canada fail in the first five
years, according to Statistics Canada data. Winning a hundred grand can
help you complete a new growth project and achieve success.
4) You can claim the spotlight.
Fact: BDC Young Entrepreneur Award finalists profit from a tremendous
amount of exposure. Make your business known today and claim your spot
in the marketplace!
3) You get added value just for applying. Way to go!
Fact: Entering the BDC Young Entrepreneur Award goes beyond winning or
losing. The application process is extremely valuable as it forces you
to take a strategic look at the big picture and helps you clarify your
2) BDC understands small business.
Fact: BDC is the only bank dedicated exclusively to Canadian
entrepreneurs. We understand the challenges young businesses face and
we have the expertise to help you make the best of the opportunities
1) You CAN grow beyond your turning point.
You're at a juncture where you need to take your business to the next
level. You owe it to yourself to make it happen. Now that's a $100,000
MONTREAL, March 11, 2014 /CNW Telbec/ - Young entrepreneurs have until
April 3, 2014, at noon, Eastern Daylight Time to enter the BDC Young
Entrepreneur Award contest organized by the Business Development Bank
of Canada (BDC). Canadian business owners aged 18 to 35 compete for a
grand prize of $100,000 and a second prize of $25,000 in consulting
services from BDC.
BDC is looking for young entrepreneurs who face a turning point:
continue at their current pace or grow to achieve long-term success.
Applicants have to submit a short video describing their turning point
and proposed solution. All entries must describe a project that has yet
to be implemented. Apply online at www.bdc.ca/yea and review more information about the format of the video submission, contest rules, eligibility criteria and application process.
For updates about the 2014 BDC Young Entrepreneur Award, follow BDC on Facebook, Twitter and LinkedIn. Visit bdc.ca/awards to learn about other ways in which BDC recognizes Canadian
About the BDC Young Entrepreneur Award contest
Created by the Business Development Bank of Canada in 1988, the BDC
Young Entrepreneur Award contest pays tribute to remarkable Canadian
entrepreneurs between 18 and 35 years of age. Up to 11 finalists — one
for each province and one for the combined territories — will be
selected to compete for a $100,000 grand prize. A second prize of
$25,000 in consulting services will be awarded to the runner-up. For
the first time, a national committee will give each finalist a score
that will be combined with the public vote. The national committee
evaluation is weighted to account for 30% of each project's final
ranking and the public vote will account for the remaining 70% of the
Canada's business development bank, BDC puts entrepreneurs first. With
almost 2,000 employees and more than 100 business centres across the
country, BDC offers financing, subordinate financing, venture capital,
securitization and consulting services to more than 28,000 small and
medium-sized companies. Their success is vital to Canada's economic
SOURCE: Business Development Bank of Canada
For further information:
Senior Advisor, Public Relations