Are You a Start Up in BC? This is Where You Can Get Some Cash- Part 1

Posted by Victoria Revay

You have a great idea. You have a partner. You have friends in the right places. BUT. You don't have money to make it all happen.  HOWEVER. You live in BC.  What can you do to try to get some cash infusion (yes, they are still investing in good ideas, even during these tough economic times)?  I'm starting a series on possible places where you can apply for funding.  If I miss any, let me know.

New Ventures BC

This competition lets you turn your new technology idea into a profitable company, like Teampages and Bean Services did last year.

A “new venture” is a business idea that is economically viable, but has not yet secured significant financing from “outside investors” (ie. investors other than friends, family, and company founders). It must be an innovative product or service involving a new technology.

For a small fee of $100, you can enter to win over $100,000 package inclusive of mentor sessions, workshops and all the bells and whistles.  What do you need?  A privately held company in BC that has NOT been incorporated for 5 years.  You want to build a for profit and viable business and you have less than half a million dollars of equity that was raised from non-investors. 

You must also meet ONE of the following requirements: You must have a new technology product, service or come up with a completely new technological innovation and you are in early stage development.  For complete contest and eligibility rules visit their site. Deadline: April 20, 2009. See last year's blog post about the winners here.

Company:
TeamPages
Website:
http://www.teampages.com
Location:
Vancouver, British Columbia, Canada

TeamPages is an online social network and utility for amateur sports that makes it easier for coaches, team managers and players to: manage their teams, schedule games, and keep track of stats communicate with one another and share memories build an online community and presence TeamPages provides teams, athletes, and fans with a central location to post and find their schedules, check out the latest team news... more

Company:
New Ventures BC Society
Website:
http://www.newventuresbc.com/
Location:
Vancouver, British Columbia, Canada

Turn your idea into a profitable company by entering the New Ventures BC competition. A "new venture" is a business idea that is economically viable, but has not yet secured significant financing from "outside investors" (ie. investors other than friends, family, and company founders). It must be an innovative product or service involving a new technology. The competition will give you the opportunity to: Join... more

Company:
Bean Services
Website:
http://www.beanservices.com
Location:
Vancouver, British Columbia, Canada

Founded in 2005, Bean Services mission is to increase office productivity through user friendly and innovative e-payables software. With several high-profile clients in the construction and property management industries, this award winning company focuses on the combined strengths of talented people and leading edge technology. Bean Services is based in Vancouver, Canada. more


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Victoria Revay

Victoria Revay

Like many, freelance journalist, Victoria Revay is ambitious and adventurous by nature.  Since leaving television news, Victoria has worked for Nowpublic.com, she has been published in Western Living Magazine, Blackbook Magazine’s Jet Set Travel Guide, Western Living Condo and Travelmuse.com, and she’s hosted an online entertainment show. She recently returned from her travels, blogging across... more



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