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

Alberta Election called for April 16th

Upcoming election will be about who is fit to be Premier, says Notley

Red Deer athletes qualify for Pan Am Games in Lima, Peru

The official Pan American Games will be held from July 26th to Aug. 11th

Local youngsters lend a helping hand to the Red Deer Hospital

First Steps and Beyond School students donate to Neonatal Intensive Care Unit

Red Deer RCMP arrest man during break and enter in progress

RCMP found two males in the parking garage attempting to steal a vehicle

Red Deer RCMP announce new Officer in Charge

Grobmeier has 26 years of service with the RCMP where he has moved through the ranks across Canada

Five highlights in the 2019 federal budget

Latest budget includes a sprinkling of money for voters across a wide spectrum

2019 BUDGET: As deficit grows, feds spend on job retraining, home incentives

Stronger economy last year delivered unexpected revenue bump of an extra $27.8 billion over six years

Newfoundland man caught after posting photo of himself drinking and driving

The 19-year-old took a photo of himself holding a beer bottle and cigarette while at the wheel

Here are five political leaders campaigning in Alberta’s spring election

Rachel Notley, Jason Kenney, Stephen Mandel, David Khan, and Derek Fildebrandt

UPDATE Leduc RCMP say sexual assault claim was false

UPDATE Leduc RCMP say investigation revealed sexual assault never took place

Fought to unite Alberta conservatives: Former MP Kenney ready to run for premier

Kenney, 50, was born in Oakville, Ont., raised in Saskatchewan, and spent his adult years in Alberta

Alberta Premier Rachel Notley wants chance to ‘finish that job’

Notley, 54, is the daughter of the late Grant Notley, who led the NDP from 1968 to 1984

PHOTOS: Massive fire at Wetaskiwin’s Rigger’s Hotel

Multiple fire departments involved, building badly damaged

Alberta government announces further easing of oil production restrictions

The government said it will continue to monitor the market and its response to the increases

Most Read