Local entrepreneurs all know about the Bears’ Lair Competition that has been building momentum and growing for years now in Peterborough. That entrepreneurial competition has become a staple in our business community.
Well last year, due to its overwhelming success, FastStart Peterborough—in partnership with the Trent Youth Entrepreneurship Society (TYES)—created a youth edition appropriately named Cub’s Lair. Guess what?! It’s back for another year and the 2017 edition is going to be just as awesome!
Youth might be thinking, where is my opportunity? I have an incredible idea, too! FastStart Peterborough and Trent Youth Entrepreneurial Society heard your thoughts and are partnering up yet again to host this competition for young Peterborough Entrepreneurs between the ages of 18-29 who are interested in starting their own business. With its incredibly appropriate name, Cubs' Lair has been created to give local youngsters just that chance!
FastStart Peterborough created Cubs' Lair to meet the growing need for youth entrepreneurship programming in the city. FastStart has helped launch young companies such as Ribbet Coupons, Amusé Coffee Co., and last year’s winner Alchemy Co that creates playtime for grown-ups!
Alchemy's founder Deanna Henry says of the competition: “I decided to enter my fledgling idea, purely because Cubs’ Lair was an easy, risk-free way of testing out my idea in an encouraging and supportive environment!” The results were fantastic, and she’s been running successful play shops ever since.
Entrepreneurial minds come in all ages, which is why they’re so excited to bring this competition back again. Peterborough is fully alive with new business ideas and knows that the future is incredibly bright!
HERE ARE A FEW KEY DETAILS YOU'LL WANT TO KNOW...
-> This competition is open to anyone between the ages of 18-29 that have an idea to start a business or are in the early stages of starting their own business.
-> Help is provided, as FastStart Peterborough will gladly meet you wherever you are on your journey. A series of workshops and one-on-one sessions are also at your disposal to help prepare potential candidates for the finals!
-> January 10th is the official launch date.
HOW TO APPLY (IT'S REALLY QUITE SIMPLE)
STEP 1: Submit a photo that you think represents your company, a short description of your company and an email/contact address to the Facebook page - Cubs' Lair Entrepreneurship Competition. The photo with the most "Likes" will receive a $100 prize separate from the Final Prize Package. (DEADLINE: January 20th, 2017)
STEP 2: Submit a one page description of your business here. (DEADLINE: January 25th, 2017)
NOTE: Make sure you do both of the above steps, and before the deadline!
If you have an idea for a business you’ve wanted to pursue and fall within the necessary age range of 18-29, this is an incredible opportunity. Don’t delay! The TOP 5 Finalists will be announced on Friday, February 3rd, so the turnaround is pretty quick!
SOME EXTRA MOTIVATION FOR YOU!
In case you need a little extra motivation, the prize package to the winning business is mighty impressive. Scroll down to check out the amazing prize package, valued at more than $7,000! Drum roll please... it includes..
-> Office space intake into the Innovation Cluster's incubator known as The Cube, including access to Knowledge Partners, mentorship, coaching and specialized services to help take their business to market (6 months; $2,500 value)
-> Video with vlog superstar Michelle Ferreri ($1,250 value)
-> Social Media Package from us, PTBOCanada.com ($400 value)
-> Customized 6-hour coaching / mentorship session with The Land Canadian Adventures ($750 value)
-> Customized 3-hour coaching / mentorship with Leslie Bradford-Scott from Walton Wood Farm ($750 value)
-> 1-Hour session for professional headshots with Samantha Moss Photography ($210 value)
-> FastStart cash & swag ($500 value)
-> 3 Star Peterborough Chamber of Commerce Membership ($275 value)
-> Amusé Coffee Voucher
-> Bragging rights!
-> ...and much MUCH more!
The competition takes place live at the historic Gordon Best Theatre on Hunter Street in downtown Peterborough on February 10th, 2017. The judges include:
Cameron Taylor, Founder & CEO, OUTDOORsmart!
Catia da Silva-Skinner, Co-Owner & Strategic Planning Director at Mega Brand Experience
Deanna Henry, Founder of Alchemy Co & winner of the inaugural Cubs’ Lair