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In-Kind Awards Announced for 2015 Coast Capital Savings Venture Prize

January 15, 2015
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Venture Connection is proud to announce the awards for the 2015 Coast Capital Savings Venture Prize. With a total prize value of over $36,000, 2015 promises to be the best year yet for the competition and will be the largest entrepreneurship prize ever offered at SFU.

In addition to the $5,000 in cash prizes, top teams are eligible for over $31,000 worth of in-kind awards. Winning teams will receive:

Cloud-Based Back Office support package
Valued at approx.. $12,000 (no cash value)
Sponsored by Deloitte
One year of cloud-based back office financial support for your business. This will include integrating your business operations into the Deloitte cloud-based back office support system and ongoing support around your main financial processes including year-end financial and tax compliance. 

Legal services package
Valued at approx.. $12,000 (no cash value)
Sponsored by McCarthy Tétrault
A sound corporate structure is imperative to the success of any business – regardless of size or industry. As your prize, you will have access to Canada’s leading national law firm, McCarthy Tétrault LLP, to assist you with your organizational structure. You will receive legal advice relating to organizational structure (incorporation vs partnership vs sole proprietor), related set up-incorporation and organizational documentation/partnership agreement, up to a value of $12,000. We look forward to helping you take your business to the next level. 

Visual Identity & Brand Consultation 
Valued at approx.. $5,000 (no cash value)
Sponsored by Skyrocket Digital
Your company’s visual identity and brand are fundamental to your business. They show the world who you are, why you matter, and express your personality. This prize is for a brand consultation and visual identity. The brand consultation is where we’ll work with your team to help you communicate your value to your audience. Once we have a better idea of how to present your venture, we’ll create a visual identity for you—a simple logo, wordmark or design elements to represent you and your purpose.

Lean Entrepreneur program (LEP) tuition 
Valued at approx.. $1200 (no cash value)
Sponsored by Launch Academy
The Lean Entrepreneur Program will provide what’s essential for the first six months of your startup journey. You’ll finish our program armed with the best practices for building a lean startup. You’ll be immersed in valuable topics ranging from running and designing a startup experiment to acquiring your first customers.

Annual Surrey Board of Trade memberships (×3)
Valued at approx.. $1200 (no cash value)
Sponsored by Surrey Board of Trade

The application deadline is on Friday, January 16, 2015.

For full competition details, including eligibility and application information, please visit: bit.ly/ventureprize2015

 

More on the Coast Capital Savings Venture Prize:
The Fourth Annual Coast Capital Savings Venture Prize competition recognizes entrepreneurial excellence at Simon Fraser University. Judged by a panel of external industry experts, winning Venture Prize teams are selected based upon the quality of their business concept, current progress and future plans, as well as presentation skills. Business ventures of any level, from idea to operating companies, involving students from undergraduate, graduate and professional programs (e.g MBA) are invited to compete.

In 2014, the Venture Idea Prize was created to recognize the achievements of earlier-stage companies who are not yet ready for progression to the final round of the Venture Prize competition. This award emphasizes the potential of ventures based on their vision and execution plan for developing their idea.

Winners of both awards will be announced at the awards ceremony and reception on February 11, 2015. The Reception will also include presentations from a keynote speaker and networking opportunities with Venture Connection clients, affiliates and industry representatives.