Participate in the RBC Rock My Business Startup Awards this Year

Written by startup news

September 8, 2022

If you are a Canadian citizen between the age of 18 and 39, looking for a funding opportunity, you can participate in the RBC Rock My Business Startup Awards this Year 2022.

Interested candidates must hurry and apply for this award opportunity as soon as possible!

Sponsoring Agency: Futurpreneur 

Type of Fund: Award

Deadline: September 15, 2022

Details:

What should you know:

Futurpreneur and RBC proudly present the RBC Rock My Business Startup Awards, eight awards of $10k each will be given annually to diverse, young, aspiring entrepreneurs from across Canada, helping kickstart their businesses. Imagine what $10k could mean for your startup. It could help you develop a website, order supplies, activate your marketing plan, purchase inventory take it to the next level.

Eligibility Criteria

Participants for this award must be:

  • 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 June 7, 2021, and May 6, 2022.
  • Successful submission of a completed business plan and cash flow statement by June 1, 2022 (following the guidelines and templates provided in the How to Apply to the RBC Rock my Business Startup Awards information session).
  • Cannot use the award to repay the existing debt; must highlight how the award will be applied to start-up costs.
  • Have not received a Futurpreneur Canada start-up loan before June 7, 2021.
  • 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 June 7, 2021, are not eligible.
  • Ineligible businesses include those operating in the following sectors: alcohol, tobacco, cannabis, gambling, gaming, and firearms.

For more information, visit here.

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