Business Development Bank of Canada (BDC)



Business Development Bank of Canada (BDC)

January 30, 2013 08:51 ET

2013 BDC Young Entrepreneur Award: Compete to Win $100,000 Grand Prize

OTTAWA, ONTARIO--(Marketwire - Jan. 30, 2013) -

Editors Note: There is an image associated with this press release.

Core News Facts

- The Business Development Bank of Canada (BDC) is accepting applications for the 2013 edition of the BDC Young Entrepreneur Award.

- To win the $100,000 Grand Prize, business owners aged 18 to 35 are invited to present a turning point their company has reached and the solution they propose to take their business to the next level.

- A second prize, consisting of $25,000 in consulting services, will be awarded to the BDC Young Entrepreneur Award runner-up.

- The deadline for submitting applications is April 2, 2013, at noon, Eastern Daylight Time.

- See complete contest details at bdcyoungentrepreneuraward.ca and follow BDC on Facebook, Twitter and LinkedIn.

- This is the 25th edition of the BDC Young Entrepreneur Award. Since 1988, the contest recognized the success of over 300 young business owners.

Links:

Facebook: facebook.com/BDC.ca

Twitter: @BDC_News (#BDCYEA2013)

YouTube: youtube.com/BDCBanx

LinkedIn: linkedin.com/company/bdc

2013 BDC Young Entrepreneur Award microsite: bdcyoungentrepreneuraward.ca

2013 BDC Young Entrepreneur Award fact sheet: bdc.ca/EN/Documents/yea/fact_sheet_EN.pdf

Business Development Bank of Canada website: bdc.ca

More Multimedia Available by Request:

Visit the 2013 BDC Young Entrepreneur Award microsite at bdcyoungentrepreneuraward.ca for application information, rules and regulations, and important contest dates.

Pre-Approved Quotes:

"Showcasing and supporting Canada's best business talent is an important aspect of our mandate," says Michel Bergeron, Senior Vice President, Marketing and Public Affairs at BDC. "The BDC Young Entrepreneur Award is the premier venue to shine a spotlight on some of the challenges young entrepreneurs face today."

"All companies reach a turning point," says Bergeron. "Some may choose to tap into new markets by implementing an internet strategy; others may decide to acquire new equipment that will increase their overall profitability. Recognizing challenges early on and having a plan to tackle individual turning points is important for business and should rank high on an entrepreneur's agenda."

"The value of participation goes beyond the monetary value of the award," adds Bergeron. "The entire experience brings the finalists tremendous exposure, public support, and access to people and resources that will ultimately help their companies grow. As impressive as the monetary awards may be, a better reason to compete is to get noticed by potential customers and investors."

Boilerplate Statements:

About the BDC Young Entrepreneur Award contest

Created by the Business Development Bank of Canada in 1988, the BDC Young Entrepreneur Award contest pays tribute to remarkable Canadian entrepreneurs between 18 and 35 years of age. Eleven finalists - one for each province and one for the combined territories - are short-listed to compete for a $100,000 Grand Prize. The winners are selected by public vote and a second prize of $25,000 in consulting services is awarded to the contest runner-up. The Financial Post and La Presse are the media partners of the 2013 BDC Young Entrepreneur Award. www.bdc.ca/yea

About BDC

Canada's business development bank, BDC puts entrepreneurs first. With almost 2,000 employees and more than 100 business centres across the country, BDC offers financing, subordinate financing, venture capital, securitization and consulting services to about 28,000 small and medium-sized companies. Their success is vital to Canada's economic prosperity. bdc.ca

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