Spark Innovation Centre, a not-for-profit organization that offers free services and support to local entrepreneurs, is accepting applications to its second annual Ignite Competition.
Two startup companies will be chosen to win $25,000 to use towards their business.
Last year Ignite saw over 100 companies compete in a rigorous program that involved pitch competitions, a business boot camp and boardroom competition. An expert Power Panel which included former Dragon’s Den star and cofounder of Round 13 Capital, Bruce Croxon and Jason Atkins, President and CEO of 360 Incentives helped choose the five finalists and ultimately the two Ignite winners, Squabble Studios and MobileXCo.
In 2014, Ignite will focus on innovation, technology, invention and advanced process oriented startups.
“The success of Ignite 2013 was very evident with over 100 competitors and over 2,000 attendees to watch the various competition events,” said Dennis Croft, Executive Director, Spark Centre. “This year Spark continues to enhance Ignite, bringing in the specific Spark Centre mandate of focusing on technology, invention and advanced process creation oriented companies."
Local pitch competitions will take place in several cities around Durham Region. Ignite 2014 will be highlighting new categories which support young entrepreneurs including a special prize of $5,000 to a student currently enrolled in a post-secondary institute in Durham Region.
Startups located anywhere within Canada are eligible to apply, but winners must establish their business within Spark Centre offices in Durham Region. The winners will work closely with the Spark Centre team and have access to Spark’s network of mentors and advisors who will help to accelerate their business.
Applications are available online and must be received by September 12.