Entrepreneur competition offers training, cash infusion

NEUSTADT – The Saugeen Economic Development Corporation (SEDC) in partnership with the Bruce Community Futures Development Corporation (Bruce CFDC) is planning to deliver the Hawks’ Nest for the third time. 

This Dragons’ Den-inspired competition encourages entrepreneurs from various sectors to pitch their business ideas in an attempt to secure financial support from local investors, the “Hawks.”

This year, contestants from Grey, Bruce, Owen Sound, Wellington North and Minto can compete for a possible $30,000 or more in investment in their business.

In addition to the regular contestants a special youth category for ages 11-18 has been added. This is an opportunity for youth to showcase their entrepreneurial skills and innovative ideas.

Entrepreneurs will receive assistance with preparing their business plans through free training sessions. 

Training sessions will start on Oct. 17 – Nov. 7 and will be held in Owen Sound, Kincardine, Minto and Durham. On Nov. 2 the youth can take part in free business plan training just for their category.

A Live Show to be held at the Roxy Theatre in Owen Sound in June, 2020.

The announcements of the “Hawks” (investors) will be made in the coming weeks.

“We have been so pleased with Hawk’s Nest in its previous two years. This event supports local economic growth and provides a viable option for new businesses and expansions in Grey, Bruce, Owen Sound, Wellington North and Minto,” states a press release from the SEDC’s Rose Austin and Bruce CFDC’s Barb Fisher.