Have a look at the video to learn what the Angel Business Development Program is all about!
2012 is the fourth year for the Angel Business Development Program. Originally the program started as a simple business plan competition for students and quickly eveolved into a two day business symposium. The program takes place in March each year and this year will be during March 22 and 23, 2012. The deadline to apply is Midnight, March 2, 2012.
For applicants that get accepted into the program, it is an all expense paid event including food, travel, and accomodations. This program is open to any student currently enrolled in a post secondary institution in Newfoundland and Labrador at the time applications are due.
The Angel Business Development Program has grown into a program which caters to the needs of young entrepreneurs within Newfoundland and Labrador. Not only is there the opportunity to win up to $5000 in capital to start or expand a business, but a networking component which allows students the rare opportunity to sit with industry specialists one-on-one to get their questions answered. This allows students the opportunity to make educated decisions around their business ideas and get started with a solid foundation.
Day one of the program is the Business Plan Competition. Out of all the applications received, the top three business plans are selected to present their businesses in front of a panel of local business professionals. The winner of this competition will receive $5000 in capital to go towards starting or expanding their business.
Don't worry, you don't require a business plan to apply to attend this event because on day two the networking sessions take place. We understand not everyone has the knowledge required to write a business plan but maybe that's the type of information you're looking for during the networking sessions. As long as you have an idea and are passionate about it, you can take full advantage of this program. The networking and consulting sessions are a rare opportunity because they are specific to your needs. During the application process you'll be asked to identify areas where you would like more information that can help you take your idea or business to the next level. If accepted to attend the program, on day two of the event you'll be given a 30 minute time slot with each of the people you selected on your application form. This could be 30 minutes with a lawyer, accountant, privacy expert, anyone who you identifed as someone you'd like to speak with.
Keep in mind, this is also an amazing opportunity to meet 40 other students from across the province who have the same drive and passion as you do and are eager to get their ideas of the ground.
Important Information
Program Date: March 22-23, 2012
Program Location: Capital Hotel, St. John's, NL
Application Deadline (Includes Business Plans/Concepts): Midnight, March 2, 2012
The program is provided by the Newfoundland and Labrador Association of Community Business Development Corporations through a partnership with College of the North Atlantic, the Government of Newfoundland and Labrador, and the Atlantic Canada Opportunities Agency. Each year applications are made available for download. When the applications are submitted, there is an external selection committee which gets together and reviews each of the business plans and business ideas.
From there, 40 post-secondary students from across the province are selected to attend the event which takes place in March each year. Out of all of the applications, 3 of the top business plans will be selected to participate in the Business Plan Competition. The Business Plan Competition takes place during day one of the event and all delegates are required to attend and observe the competition. After each of the three business plan competitors gives their presentation a winner competition winner will be announced . The winner will receive $5000 towards starting or expanding the winning business.
For program delegates it is an all expense paid trip which includes food, travel, and accomodations for the duration of the event.
If you are a student currently enrolled in a post-secondary institutions in Newfoundland and Labrador and have a business idea you qualify for this program.Please keep in mind, this event takes place March 22 and 23, 2012 in St. JOhn's, NL. If you apply and are accepted, you must be available to travel to St. John's and be present on those dates.
If you are applying with a group, only one person will be accepted to attend on behalf of the group. With limited seats available for this program, we want to make sure as many students have as much opportunity to get involved as possible.
There are no age limits to the program and the faculty or area of study has no impact on your application. Many students have also asked "Does this idea qualify?" This answer to that question is always any idea qualifies, it doesn't matter how simple or complex. However, it is your job to explain why your idea has merit in your application form. Why do you believe in the idea? Why is the product or service? Why should it be explored further? If you can answer those questions in your application, you have an excellent chance at being accepted into the program.
If at any point you have questions specific to the application form or your eligibility, don't hesitate to give us a call at 1-800-833-1829.
Applying to the Angel Business Development Program is easy. View the Application Checklist below and find all of the downloadable forms available on the right hand side of the page.
Application Checklist
All Applications Require
1. Completed Application Form
2. Completed Industry Specialist Form
3. Signed Terms and Conditions Form
4. One Page Business Concept or Executive Summary
Business Plan Competitors Only
5. Completed Business Plan
Returning Participants
6. Completed Returning Participant Form
*Please keep in mind, business plan templates should be used as a guide only.
Forms & Templates
- Complete Application Package (All Files Incl. Templates)
- Application Package - Forms 1,2,3 (Word File)
- Application Package - Forms 1,2,3 (PDF File)
- Business Concept Template - Form 4 (Word File)
- Business Concept Template - Form 4 (PDF File)
- Basic Business Plan Template (PDF File)
- Formal Business Plan Template (PDF File)
- Returning Participant Form - Form 6 (Word File)
- Returning Participant Forms - Form 6 (PDF File)
Every year are able to deliver this program free of charge to program delegates with the amazing support from our funding partners, volunteers, and corporate sponsors.
If you or you organization is interested in getting involved in the Angel Business Development Program please don't hesitate to get in contact with us. There are many ways for local organizations to be involved, not just through financial contributions but just as valuable to the program.
Phone
1-800-833-1829
adam.hiscock [at] cbdc.ca
Mailing Address
980 Topsail Road
Mount Pearl, NL
A1N 3K2