Applications are open for Dalhousie University’s $100K Competition.

The competition, now in its fifth year, assists teams of early-stage ventures in harnessing their talent, resources, and technological know-how to build high-growth companies.

The ten finalists will receive $10,000 in non-dilutive funding and automatic entry into Dal’s 10-week LaunchPad Accelerator, which is part of the Norman Newman Centre for Entrepreneurship’s Launch Dal program.

"These start-up ventures are proportionately more likely to launch successful businesses here in Nova Scotia, generating economic impacts for the province and for the region," said Mary Kilfoil who teaches entrepreneurship at Dal in an email.

Kilfoil said that in 2017, a high number of start-up ventures that emerged from LaunchPad programming successfully competed in regional and national accelerator programs.

The accelerator will teach ten teams about founding skills, network building, venture capitalists, serial entrepreneurship and prototyping.  

Previous graduates of Dal’s LaunchPad accelerator are Rovault AI, which is bringing visual recognition to the seafood industry, and UpFront, which uses blockchain technology to avoid ticket scalpers.

To apply for the competition, applicants must prepare an eight-minute video explaining how the business model canvas has been used within their startup.

Applications are due Wednesday, May 23. Click here to apply. 

Disclosure: Dalhousie University is a client of Entrevestor.