Community Futures North Okanagan calls for emerging entrepreneurs to participate in Enterprize Challenge, being held virtually in 2021.
The 2021 Enterprize Challenge registration opens Jan. 4, 2021 and closes at noon Feb. 5. All workshops will be in the evenings, live through Zoom. The Enterprize Challenge is open to all North Okanagan residents with a business idea they intend to turn into an operating business in 2021 or are an independent business that opened in 2019. To learn more or register, visit enterprizechallenge.ca.
“This year’s fully virtual challenge has been adapted to serve our community during the pandemic. We hope that moving to an online format makes the Enterprize Challenge even more accessible to those with young families and those who live outside Vernon or are working,” says Kazia Mullin, CFNO Business Services Manager. “More than ever, this year’s Enterprize Challenge is about finding 2020’s silver lining and highlighting how our local entrepreneurs’ creative thinking, problem-solving, and flexibility has been an important part of keeping our community going during these difficult times.”
As in the past, 2021 entrants will have the opportunity to attend online workshops to learn everything from marketing and financials to building a sound business plan. They’ll also receive one-on-one mentorship virtually from local business owners and professionals.
In April seven finalists will pitch their business idea in front of judges in a format similar to CBC’s popular television show Dragon’s Den. However, instead of in front of a live audience, the event will be live-streamed from the Vernon and District Performing Arts Centre. Finalists will vie for prize packages valued at $35,000 that include marketing, advertising, legal, printing, banking, and accounting services. Participants also have the chance to earn a marketing package with the People’s Choice Award.
“A lot of businesses have pivoted and changed in 2020, so it will be interesting to see a continuation of that creativity and innovation, and how that will spill over to Enterprize Challenge,” says Mullin. “We’re looking forward to seeing how this year’s challengers change traditional business ideas to meet a new marketplace.”