A last call has been issued for competitors in the Francophone Ignition Contest.
Top prize is $25,000.
“All those who are interested in participating in the brand-new contest must absolutely submit their application by Friday, Jan. 18,” said Velma Robichaud, co-ordinator of the competition for RDÉE P.E.I.
The prize is being provided by Innovation P.E.I.’s Ignition Start-Up Fund.
The French version of the contest, managed by RDÉE P.E.I., must adhere to the rules established by the province. The application is longer and requires more detailed answers than the organization’s similar Dragons’ Contest.
Robichaud said the contest is aimed at francophone and bilingual entrepreneurs who want to establish a new business, launch a new product or service, or expand into a new line of production.
The general presentation of the competition is quite similar to those seen in TV shows such as "Dragons' Den" or "Shark Tank". Contestants have seven minutes to present their project (with product samples, images on the big screen and verbal explanations) to a panel of judges. They then decide to invest the cash prize in the proposed business project that seems to have the most potential for success.
Those interested in competing can find the rules and details of the contest on at www.rdeeipe.org/ignition/. Application forms can be downloaded from the site.