Recognizing that running a business can be a challenging affair, the Sarnia-Lambton Business Development Corporation is once again holding a “WIN This Space” competition that features the opportunity to capture a free storefront space for a year.
This year’s competition features “double the fun” with one prize being offered in Sarnia and another in the northern part of Lambton County, says Don Anderson, general manager of the SLBDC.
Applications are being accepted online at winlambton.com through Wednesday, April 18, with full details on the website.
Assisting entrepreneurs is nothing new for the SLBDC.
“We’ve provided dedicated business counselling and financing opportunities since 1988 and helped kickstart hundreds of businesses,” said Anderson. “Experience shows it’s never a lack of solid ideas, but rather the access to capital that stalls a potentially successful enterprise. We want more entrepreneurs to launch in Lambton County and thanks to the Libro Prosperity Fund, we have additional funding to assist with not only running the program but also to develop a user guide to help other communities to bring WIN this Space to life in their community with a solid head start.”
Applicants will take their ideas from concept to completion of a fully executable business plan, with two ultimate winners selected at live pitch events taking place in June.
A panel of business experts will judge the applicants and finalists will proceed through mandatory business training sessions and receive one-on-one assistance to complete their business plans.
Those events will be open to the public.
Partners will also be invited to support the initiative through both financial contributions to support lease costs or contributions of goods and business services to support the winners in the launch or expansion of their ventures.
Landlords with suitable locations for consideration are being encouraged to contact the SLBDC directly to discuss the opportunity in more detail.