Vancity to award $90K in prizes to Sustainable Businesses

Sponsored by Vancity, the Good Money Impact Venture Challenge has a top prize of $50,000 for a student/alumni-run business that looks beyond a single bottom line.

The Challenge is looking for financially sustainable student- or graduate-run businesses that create positive social and environmental impact in B.C.

The competition is looking for applicants that are students or recent graduates (within 3 years) from B.C. post-secondary institutions.

These applicants:

  • Have an ownership stake in a sustainable business, whose revenues are invested in achieving positive social and environmental impacts.
  • Are able to illustrate in their business plan how they can achieve positive financial returns within three years

The Competition has two stages and the application deadline for Stage 1 is Friday, March 16.  Submission requirements include an 8-page business plan. A total of $90K in prize money will be awarded to three deserving finalists on April 25.

More detail and the Official Competition Rules are posted online at vancity.com/VentureChallengeTerms.