BIG news for aspiring small business owners: You could win $10,000 to help launch your start-up!

Futurpreneur and RBC proudly present the RBC Rock My Business Start-Up Awards, eight awards of $10k each given annually to diverse, young, aspiring entrepreneurs from across Canada, helping kickstart their businesses.

Imagine what $10k could mean for your start-up? It could help you develop a website, order supplies, activate your marketing plan, purchase inventory…take it to the next level.

Award Details

Supported by RBC, the following eight awards of $10,000 each will be given annually to eligible participants from across Canada:

  • Six Youth Entrepreneur Awards for entrepreneurs age 18 – 29
  • One Emerging Black Entrepreneur Award for a Black entrepreneur age 18 – 39
  • One Emerging Entrepreneur Award for an entrepreneur age 30 – 39

 

How to Win

  1. Check that you meet the eligibility requirements.
  2. Attend BOTH the Rock My Business Plan and Rock My Cash Flow workshops during any of three sessions offered between October 26, 2020 and April 31, 2021. (Note: sessions offered in November 2020, February 2021 and April 2021.) Delivered by Futurpreneur, these free, digital workshops teach you the essentials of developing a solid business plan and cash flow statement. Register for the next available workshops today!
  3. Prepare, refine and submit to Futurpreneur your completed business plan and cash flow statement, along with the application form, by May 15, 2021. Application form and required business plan and cash flow templates to be shared with participants in March 2021.
  4. A diverse panel of RBC business experts will review all entries and choose the winners.
  5. Winners announced in June 2021!

Eligibility Requirements

To be considered for the awards, please ensure you meet all the following eligibility requirements:

  • Between 18-39 years of age
  • Canadian citizen or permanent resident
  • Successful completion of BOTH the Rock My Business Plan and Rock My Cash Flow workshops between October 26, 2020 and April 31, 2021
  • Successful submission of a completed business plan and cash flow statement by May 15, 2021 (following the guidelines and templates provided in the Rock My Business workshops ). Please note: In March 2021, templates will be sent by email to eligible applicants, along with the link to the application form. Only these templates will be accepted; all other templates will be disqualified.
  • Cannot use the award to repay existing debt; must highlight how the award will be applied to start-up costs
  • Have not received a Futurpreneur Canada start-up loan before October 6, 2020
  • Open to pre-launch businesses (pre-revenue) and part-time or “side hustle” businesses (a business to which you devote fewer than 30 hours a week and from which you earn less than $20k in sales per year); those operating a full-time business prior to October 6, 2020 are not eligible
  • Ineligible businesses include those operating in the following sectors: alcohol, tobacco, cannabis, gambling, gaming, firearms

Important Dates

  • Complete BOTH the Rock My Business Plan and Rock My Cash Flow workshops between October 26, 2020 and April 31, 2021. Note: Sessions offered in November 2020, February 2021 and April 2021
  • Application period opens March 9, 2021. Please note: In March 2021, the business plan and cash flow templates will be sent by email to eligible applicants (those who have attended both the Rock My Business Plan and Rock My Cash Flow workshops, age 18-39), along with the link to the application form. Only these templates will be accepted; all other templates will be disqualified.
  • Application period closes on May 15, 2021
  • Winners announced in June 2021

 

Questions? Please send all queries to programs@futurpreneur.ca