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WIN THIS SPACE

The ‘Downtown Sudbury’ BIA “Win This Space” is an innovative business recruitment initiative, designed to encourage entrepreneurial activity in Downtown Sudbury as we are currently seeing a strong increase in interest – both with new business openings and proposed major developments. The “Win This Space” competition offers an opportunity for new and aspiring entrepreneurs to put their business ideas into action and make their dreams a reality.

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GOALS & OBJECTIVES

Filling Vacancies

To promote the filling of vacancies and new entrepreneurial activity in Downtown Sudbury.

Downtown Revitalization

To revitalize the downtown core by attracting new investment to the area.

Entrepreneurial Opportunities

To develop training opportunities and a business mentoring network to support aspiring entrepreneurs. 

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PROJECT GUIDELINES

  • Contest is open to entrepreneurs with new business ideas looking for commercial space in Downtown Sudbury. 

  • Selected entrants must take business workshops, including the completion of business/financial plans to qualify

  • Winner must agree to locate their space in Downtown Sudbury with participating property owners.

  • Property Owners taking part must agree to have ‘Win This Space’ signage installed in the property window/frontage to acknowledge participation.

EVALUATION CRITERIA

  • Creativity and uniqueness

  • Relevance to downtown

  • Market need in downtown

  • Sound business plan

ENTREPRENEUR PARTICIPANTS

  • Receive Complementary business consultation (1 hour) and business/financial planning assistance 

  • Required to participate in 4 sessions (Marketing on a Shoestring Budget, Making an Effective ‘Pitch’, Business Plan, Marketing Research Made Easy) offered through the Regional Business Centre

TIMELINE

Launch of Competition /Promotion

  • Thursday, May 1st, 2024

Mandatory Workshops (4)

  • Starting a Small Business

  • Writing a Business Plan & Market research

  • Marketing & Social Media

  • Pitch Training & Workshop

The Pitch

Thursday, August 29th, 2024

Registration Deadline

  • Sunday, June 16th, 2024

  • 12 am - Midnight

Top 10 Submit Business Plans

Friday, August 2nd, 2024

Selection of Top Entrepreneurs Announced

Wednesday, September 4th, 2024

Selection of up to 10 Finalists

  • Wednesday, June 26th, 2024

Judges Selection of Top 5 Finalists

Friday, August 23rd, 2024

Our Amazing
Sponsors!

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More Information Coming Soon!

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