Market Validation Training Program
grant_single|update January 24, 2025
BC, Canada
Early-stage business validation training in British Columbia
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDate July 9, 2024
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Information and cultural industries
grant_single|grantors
- New Ventures BC
- Government of British Columbia
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get access to a free, self-guided online course to help validate your market and assess your tech or small business idea through multimedia learning modules, videos, and venture-building assignments.
grant_single_labels|projects
This grant offers a self-guided training program tailored to support entrepreneurs in British Columbia, helping them take their tech or small business ideas through essential stages. The program covers a wide range of activities aimed at validating and strategically building a business.
- Exploration and innovation of ideas and initial business concepts.
- Application of the Business Model Canvas to define business structure.
- Understanding and identifying potential customer bases.
- Analysis of market types and opportunities for business expansion.
- Strategies for product market entry and launching processes.
grant_single|admissibleProjectsExample
$ 10,000
Market Validation Training for a new financial app developed by a startup
$ 9,000
Market Validation Training for a cooperative aiming to expand organic farming
$ 9,000
Introduction to Intellectual Property module for small tech startup
$ 6,500
Introduction to Intellectual Property module for an AI research initiative
$ 10,000
Market Validation Training for a social enterprise promoting local artisans
grant_single_labels|admissibility
The eligibility criteria for this grant are as follows:
- The business must be in the early stages of development.
- The business needs to be based in British Columbia (BC), Canada.
- The business should be involved in the tech sector or be a small business with a tech idea.
- The business must demonstrate a commitment to developing and validating their business idea.
grant_eligibility_criteria|who_can_apply
The program is open to anyone in British Columbia with a tech or small business idea who is interested in learning fundamental entrepreneurship skills.
grant_eligibility_criteria|who_cannot_apply
There are certain types of companies that are not eligible for this grant:
- Non-tech or non-small businesses
- Companies located outside of British Columbia
grant_eligibility_criteria|eligible_expenses
These educational programs are designed to support early-stage businesses and entrepreneurs in gaining essential skills and knowledge for startup success. The activities eligible for this grant involve participation in comprehensive training programs and courses.
- Participation in self-paced online courses for launching or building a startup.
- Engagement with the "Introduction to Intellectual Property" module to enhance knowledge of IP fundamentals.
- Involvement in the Market Validation Training program for business idea testing and validation.
- Exploration of online resources on principles of menteeship and building entrepreneurial resistance.
- Enrollment in additional courses covering the entrepreneurial journey, hiring and recruitment, sales, customer discovery, and capital planning.
grant_eligibility_criteria|zone
The Market Validation Training Program is available to individuals with a tech or small business idea located in a specific geographical region in Canada. Specifically, it is intended for those residing in British Columbia.
- Individuals and entrepreneurs based in British Columbia, Canada.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Market validation and potential impact of the business idea
- Sustainability and scalability of the proposed business model
- Entrepreneurial skills and team capabilities
- Feasibility and clarity of the business plan
grant_single_labels|apply
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grant_single_labels|otherInfo
Here are additional relevant details for participants using the program:
- The program offers collaboration opportunities with New Ventures BC, Innovate BC, Foresight, VIATEC, and other BC Acceleration Network members.
- Participants will join a community of over 1500 entrepreneurs in BC who have completed the courses.
- Complementary resources are available through a partnership with Mindframe Connect, providing courses on menteeship and entrepreneurial resilience.
- Participants have access to a variety of topics, including market exploration, customer discovery, and sales essentials, enhancing entrepreneurial knowledge across different business stages.
Apply to this program
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