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Market Validation Training Program - BC - Canada

Market Validation Training Program

Last Update: January 24, 2025
BC, Canada
Early-stage business validation training in British Columbia

Market Validation Training Program at a glance

Eligible Funding
  • No Condition
Timeline
  • Open Date : July 9, 2024
Financing Type
Expert Advice
Eligible Industries
  • Information and cultural industries
Grant Providers
  • New Ventures BC
  • Government of British Columbia
Status
Open

Overview of the Market Validation Training Program program

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.

Eligible projects & activities

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.
Examples of admissible projects:

$ 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

Eligibility criteria of the Market Validation Training Program program

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.

Who is eligible?

The program is open to anyone in British Columbia with a tech or small business idea who is interested in learning fundamental entrepreneurship skills.

Who is not eligible

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

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.

Eligible geographic areas

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.

Eligibility criteria of the Market Validation Training Program program

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

How to apply to the Market Validation Training Program program

1
Market Validation Training Registration
  • Visit the Thinkific platform to view available courses.
  • Complete the online registration form to sign up for the Market Validation Training program.
2
Course Access
  • Receive a login link after registration is complete.
  • Log in using the provided credentials to access the courses.

Additional information

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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