New Ventures BC Competition Now Open

If you're in Canada and have a startup that hasn't received any significant amount of funding, then you should check out the New Ventures BC Competition. The competition has been running since 2003 and includes $300,000 worth of prizes. Below is some info if you're interested. I found the opportunity on StartupNorth.

Like most competitions, they'll be opportunities to meet mentors, attend seminars, pitch to venture capitalists, and network with legal, marketing, and business professionals. There will also be plenty of opportunities to refine your business plan to increase your chances for additional rounds of financing.

There are four rounds of "increasing complexity and commitment" and sounds like a serious competition with a $100 entrance fee. Here is some more information:

Competition Deadline: April 20th

The new 2009 prize structure includes:

$120,000 British Columbia Innovation Council First-prize package
$63,000 British Columbia Innovation Council Second-prize package
$37,000 British Columbia Innovation Council Third-prize package
BC Hydro Sustainability $40,000 prize
BC Bioenergy Network $20,000 prize
British Columbia Innovation Council Economic Impact $20,000 prize

For details and to register for the competition, visit http://www.newventuresbc.com or call 604-725-5740.

For other sources of funding, check out our Directory of Incubators & Seed Funding Venture Programs.