BDC Sponsors: Student Business Plan Competition

This January BDC puts $240,000 up for grabs for aspiring student entrepreneurs.
There will be local competitions in January 2007 with the following universities holding the local competitions: Simon Fraser University (British Columbia);University of Alberta (Prairies); University of Toronto – Mississauga (Ontario); Concordia University (Quebec); and Dalhousie University (Atlantic provinces).
Prize Money: The top three national finalists will receive $75,000, $20,000 and $10,000.
Winners of the national competition will receive a business grant of $75,000 to get their business going. They will also meet with BDC Venture Capital representatives to obtain feedback on their business project. Via the Globe and Mail
June 19th, 2008 at 10:41 am
A business grant??? They even have to compete to get a business grant??? So they can pay a higher amount of interest rates and fees? I don’t see how these students are motivated to win the competition, this is not a prize, this is a GRANT.