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Enterprize Challenge

January 2 @ 12:00 am

Own it. Win it.

Bring your idea to life, gain incredible exposure and vie for prizes that will give your business an incredible leg up.

If you’re an emerging entrepreneur or the owner of a new business, Enterprize Challenge is your chance to learn from some of the best as you hone your pitch, polish your business plan and prepare for an exciting launch.

During the Enterprize Challenge ‘business bootcamp,’ you’ll participate in weeks of workshops and one-to-one mentoring to help make your pitch stand out. The challenge culminates in a night of live pitches before volunteer judges in a Dragon’s Den-style competition. You could take home start-up capital plus thousands of dollars in prize packages—and gain valuable skills and insight into owning and operating a business everyone knows and loves.


How the Enterprize Challenge Works

STEP 1: Register

Whether you have an idea or a brick-and-mortar store, sign up your new North Okanagan business for a chance to participate in the Enterprize Challenge. Registration opens January 2nd, 2024 and closes February 6th, 2024 at noon.

STEP 2: Orientation

Registered businesses are invited to an orientation workshop in February. This recommended event prepares you for the Enterprize Challenge. Participate in this workshop to get started on the right foot.

STEP 3: Training

Arm yourself with the tools you need to deliver your best pitch to our volunteer judges. This series of 2–3-hour evening workshops begins within the first few weeks of the Enterprize Challenge. This step includes the creation of a Business Model Canvas

STEP 4: Mentoring

You and your team are assigned a mentor to help prepare your presentation and coach you throughout the competition. Mentors are members of the North Okanagan business community who operate a business or support a business.

STEP 5: First business pitch

Your first pitch happens behind closed doors. In this 15-minute presentation, you will provide judges a description of your business and an overview of your industry and competition. Once the judges have heard all presentations, seven entrepreneurs will be named Enterprize Challenge finalists.

STEP 6: Financial viability

A financial mentor will aid you and your team during this step. In this stage of the challenge, finalists must provide judges with a Business Model Canvas and financial overview that communicates the details judges need to determine if your business idea could really make it.

STEP 7: Finale

May 9th,  2024, live from the Vernon & District Performing Arts Center will be your time to shine. The Enterprize Challenge culminates in a final pitch to the judges before a live audience. Throughout the challenge, you will work with your mentor and coaches to polish your final presentation. Finalists have five minutes to convince the judges and the audience that they deserve to win. First, second, and third prizes, as well as the People’s Choice, will be awarded at the end of the event.