West Kootenay's Junior Dragon's Den ready to roar
Modeled after CBC’s “The Dragons’ Den”, where qualifying entrepreneurs pitch their business idea to a group of potential investors, Junior Dragons’ Den, the West Kootenay wide business contest for youth entrepreneurs, is taking flight!
Background – spearheaded by Community Futures, students in Grades 8-12 from throughout the West Kootenay-Boundary region were invited to submit a business concept paper and a brief ,one-and-a-half to two-minute video elevator pitch, explaining their business idea.
Submissions were then evaluated based upon: finances, marketability, the product or service and the overall plan presented.
“We’re excited and inspired by the level of detail and sophistication presented by all applicantsand would like to congratulate everyone on a job well done” said Don Freschi, GM,CFDC Greater Trail.
“Business concepts ranged from Eco Exhaust filters to Outfit matching apps and we can’t wait to see these concepts evolve through a focussed business planning process, with contestants presenting to a panel of judges and a live studio audience June 6 at the Charles Bailey theatre in Trail,” he said.
Junior Dragons meet their mentors!
The top 8 Junior Dragons will now work with a mentor from the local business community on everything from start-up considerations and marketing, to coaching, leadership and presentation skills, as they refine their business concept into a working business plan, and produce a new video for their business as part of their pitch.
The Junior Dragons Den live Show
The competition culminates with the top eight pitching their business ideas Friday, June 6, in a live show format at Charles Bailey Theatre in Trail, BC to a panel of local West Kootenay Dragons’! And with $9,000 in cash prizes up for grabs this promises to be a show not to be missed! To meet the Junior Dragons and stay tuned on the latest developments visit www.juniordragonsden.ca
Junior Dragons’ Den is a partnership between CFDC Greater Trail, CFDC Central Kootenay, CFDC Boundary and the Columbia Basin Trust. Community Futures of Greater Trail fosters local entrepreneurs through all phases of business from the pre-start-up phase to the expansion of existing business. We offer entrepreneurial programs and training, business counseling, loan programs and a business library of resource material to people interested in expanding or starting a business. We also promote, co-ordinate and implement a wide variety of community economic development initiatives within the region.