Annual RED Challenge is underway

  • Oct. 2, 2013 3:33 p.m.

The 2013 RED Challenge is underway and innovative applications keep rolling in; local entrepreneurs are submitting their business ideas with a technology, science or knowledge-based focus.

The winner of the Red Challenge will gain funding, office space and mentorship to jumpstart their unique business idea.

“We are very happy with the quality of submissions we are receiving this year so far. These young entrepreneurs in Central Alberta have some great ideas. We are excited that they are taking the opportunity the RED Challenge offers to develop their business plans further,” said Alicia Cafferata, RED Challenge coordinator/project coordinator for Red Deer College in the Applied Research and Innovation department. “It is evident that 2013 is going to be a great year for the contest.”

Toby Williams, director of entrepreneurship and international development at Olds College, is also looking forward to watching the program develop. “As the newest partner of the RED Challenge, we are proud to be able to support a program that encourages our students to engage in the business community. We have seen lots of interest so far, and are looking forward to watching the contest progress.”

The contest is still open, and applicants are encouraged to submit their ideas before the deadline at 4 p.m. on Oct. 11th. Students of all ages who are currently enrolled in post-secondary education, or who are no more than one year postgraduate, are invited to submit a brief description of their innovative business idea through the RED Challenge web site at www.REDchallenge.ca.

Top business plans will be selected as finalists and given the opportunity to present their idea to a panel of local business leaders, in a Dragon’s Den inspired format.

The RED Challenge judges will then choose a winner to receive the $20,000 prize to jumpstart their innovative business, as well as personal business mentorship and office space for a year.

The 2013 RED Challenge is brought to you by Red Deer College, the City of Red Deer, Red Deer RED, Alberta Innovations and Olds College

To learn more about the RED Challenge or to submit a business idea visit www.REDchallenge.ca. The web site also contains videos from mentors and former winners, timelines and full contest details.

– Fawcett

Just Posted

WATCH: Red Deer College unveils the BMO Financial Group Wellness Studio

BMO contributes $300,000 towards RDC’s Shaping Our Future campaign

Ignition Theatre delves into Gruesome Playground Injuries

Compelling production runs through to Jan. 26th in the Nickle Studio

First official speed skating competition held at Setters Place this weekend

More than 100 junior speed skaters from across Alberta competed in the Jeremy Wotherspoon Open

Get your healthy on

Healthy Living Expo promotes sustainable, innovative and healthy lifestyles

2-for-1: Total lunar eclipse comes with supermoon bonus

On Sunday night, the moon, Earth and sun lined up to create the eclipse, which was visible throughout North and South America

Jason Kenney disputes expense allegations while MP

Questions over his residential expense claims from his time as a cabinet minister in Ottawa

Anti-pipeline group wants NEB to consider impact of emissions, climate change

Stand.earth filed NEB motion asking to apply same standard to the project as it did with Energy East pipeline

Teen in confrontation with Native American: I didn’t provoke

Nick Sandmann of Covington Catholic High School said he was trying to defuse the situation

Kamala Harris opens U.S. presidential bid in challenge to Trump

The 54-year old portrayed herself as a fighter for justice, decency and equality in a video distributed by her campaign

Woman offers luxury Alberta home for just $25 and a flair for the written word

Alla Wagner ran into health problems, which forced her to list the 5,000-square-foot estate at market value

46% of Canadians $200 or less away from financial insolvency: poll

45% cent of those surveyed say they will need to go further into debt to pay their living and family expenses

World economy forecast to slow in 2019 amid trade tensions

For Canada, the IMF’s estimate for growth in 2019 was 1.9 per cent, down from expected global growth of 3.5 per cent

Most Read