BROCKTON – The Hawks’ Nest, a Dragon’s Den-inspired competition where entrepreneurs from various sectors pitch their business ideas in an attempt to secure financial support from a local “Hawk,” is returning in 2023.
The competition is hosted by the Saugeen Economic Development Corporation and Bruce Community Futures Development Corporation.
As part of preparations for submitting applications in the Hawks’ Nest competition, entrepreneurs have the opportunity to attend free virtual business plan training sessions, which are coming up soon. Pre-registration is required. These sessions will take place on:
– Jan. 10, 2023 from 9 a.m. to 4 p.m.
– Jan. 14, 2023 from 1-4 p.m. (youth session only)
– Jan. 18, 2023 from 9 a.m. to 4 p.m.
– Jan. 21, 2023 from 9 a.m. to 4 p.m.
Once plans are completed and submitted for the Hawks’ Nest, a review of each application is conducted. Those chosen to proceed will get “pitch” training to prepare for a presentation to the Hawks at the event, planned for May 17, 2023 at the Roxy Theatre in Owen Sound.
Six regional entrepreneurs and one youth from the program coverage area will have the opportunity to gain investment from the Hawks, with each investor committing to a minimum $5,000 value investment in one or more competitors they see as a good fit for them. The investment is at the discretion of each Hawk.
Each entrepreneur with a new business is required to take the business plan training. Expanding businesses are encouraged to do so and should present a plan in accordance with the template used for the training.
The deadline for submissions is March 10, 2023.
For more information on the Hawks’ Nest, to attend training, submit a proposal or get involved as a sponsor, see the websites at sbdc.ca or bruce.on.ca or email hawksnest@sbdc.ca.
