THE $100,000 SMALL BUSINESS CHALLENGE

Business Cape Breton is pleased to share with island businesses, information regarding

   THE $100,000 SMALL BUSINESS CHALLENGE

The $100,000 Small Business Challenge for 2015, sponsored by The Globe and Mail and Telus is open for applications until June 1.

Through the contest, small businesses across the country share their biggest challenge and explain how they would use the $100,000 cash prize to solve the problem.

Also, four semi-finalists each receive $10,000 and a business prize package that includes $2000 worth of Telus services or devices, a one year subscription to Globe Unlimited and mentorship from a business expert.

Ten businesses from the Atlantic region will also receive Regional Recognition prizes of three business devices each.

For full contest details go to http://www.theglobeandmail.com/report-on-business/small-business/sb-growth/the-challenge/contest/

Some Entry Tips :

  • Social media information is important. Make sure you include your company’s website and any other platforms you may have.
  • Well written complete sentences and correct spelling say a lot about a company and help to take the guesswork out of the judging process.
  • Consider getting input from your employees. They can help you to explain the challenge.
  • The description of your company is very important. If the judges can’t figure out what your company makes or does, that’s a roadblock to success.
  • Be clear on EXACTLY what your challenge is. Judges are looking for specifics such as a business plan.
  • Be specific in regard to the results you hope to achieve with the $100,000. Present a concrete plan.

 

If you have any questions after reading the material found at the link above, please contact joyce@businesscapebreton.ca or call 562-2201 and toll free 1-800-818-2201.

Questions/Comments, please email info@businesscapebreton.ca

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