Market Validation Training 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?

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.

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

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.