BMO Apex Startup Challenge (formerly: Apex Hybrid Business Plan Competition)

By mmuise

The BMO Apex Startup Challenge invites students and entrepreneurs from across Canada to compete at the largest competition of its kind in Atlantic Canada.

Comments on Funding:

Funding is $30,000 in cash prizes.
The prize for the winners of the New Venture Track is $10,000 (allocated to up to 3 teams).

Deadline: Applications are closed. Stay tuned for future intake announcements.

Applicants for the Student business plan track must:

  • be actively enrolled full- or part-time students in a postsecondary institution (worldwide), all team members cannot have graduated before May 1, 2023;
  • have not competed in Apex with the same business before, unless team can show a significant pivot in their business idea;
  • have personally conducted the business plan analysis and prepared all financial projections (up to 2 years) together with the team members.
    Applicants for the New venture track must:
  • own a venture that:
    a) has less than $1 million/year (CAD) in revenues;
    b) has fewer than 25 employees;
    c) is less than 3 years old;
  • have the rights to use any content not created by the participant, and the content must be correctly sourced.
Application Steps:

Applicants must:

1. submit the online application form;

2. compete in the elevator pitch round;

3. compete in the presentation round.

Documentation Needed:

Applicants must submit:
1. the executive summary;
2. the investor pitch deck, if applying for the new venture track;
3. a business plan, if applying for the student business plan track.

Other Things to Note:

The registration deadline for the 2023 competition is December 1.

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