Ottawa's Shopify Announces Winners of $500,000 'Build-A-Business' Competition

Posted by Knowlton Thomas

Ottawa-based ecommerce software startup Shopify today announced the winner of its “Build-A-Business Competition.” Over 3,000 entrepreneurs created online stores last year in an effort to seize the vast opportunities of e-commerce—and compete for $500,000 in cash and prizes.

Combined, the businesses generated more than $12 million in sales during the eight-month competition. Coffe Joulies, which sells polished stainless steel beans that regulate the temperature of coffee, was the grand prize winner of $100,000, plus VIP trips to New York City and San Francisco to meet Seth Godin, Gary Vaynerchuk, and Timothy Ferriss. CJ used Kickstarter to crowdsource funding. Seeking less than $10,000, the startup winded up raising over $300,000 from nearly $5,000 backers.

“I spent one evening building our online store on Shopify. We were accepting orders the next day and quickly sold out. Using Shopify for ecommerce eliminated most of the tedious parts associated with starting a business," said Dave Petrillo, a mechanical engineer from New Jersey who co-founded Joulies.

"The only thing we have to focus on is our brand, our products, and our customers—the way it should be. We know if we build our brand slowly and carefully, we can make Coffee Joulies a million dollar business by the end of the year," said Dave Petrillo, the other co-founder.

Other cash and prize winners include TattlyOpena CaseFlockStocksNeuYearMyFootyBootsSimply Hops, and Clearpath Robotics.

Company:
Shopify
Website:
http://www.shopify.ca
Location:
Ottawa, Ontario, Canada

Shopify is an Ottawa based commerce platform that allows anyone to easily sell online, at their retail location, and everywhere in between. Shopify offers a professional online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and a card reader to accept payments through a mobile phone. Shopify currently powers over 80,000 active online stores around the world,... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis or otherwise enjoying the outdoors. more



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