Have business challenges? Small and medium-sized firms could win $100,000
TELUS and the Globe and Mail have launched "The Challenge," the third annual contest for Canadian small and medium-sized business owners. Entrants have to present their biggest business challenge for the opportunity to win a $100,000 grant from...
TELUS and the Globe and Mail have launched “The Challenge,” the third annual contest for Canadian small and medium-sized business owners. Entrants have to present their biggest business challenge for the opportunity to win a $100,000 grant from TELUS. The contest closes on May 27.
To enter the contest, entrants are asked to describe the following in an 800-word submission:
A challenge their business is currently experiencing (200 words);
A proposed solution to this challenge and how the $100,000 prize would help overcome that challenge (200 words);
An explanation of the results they expect to achieve (200 words);
A description of how their business incorporates the following values into their business: (1) community investment/commitment to charities, (2) customer service and (3) innovation (200 words).
Last year the competition drew over 1,200 entries. The winner, a company that makes and distributes fire-resistant glass in Toronto, Ontario, invested in new machinery.
For the first time this year, the judging panel will shortlist four semi-finalists who will be required to present their business challenges to the judging panel at the TELUS House in downtown Toronto in June where they will explain how they would use the business grant to overcome their key obstacle. Semi-finalists will also be profiled in The Globe and Mail’s Report on Business.
The final winner will be announced on September 26, 2013. For full details about how to enter and to read the contest rules and regulations, click here.