Centre Mall Seeks A Winning Kidpreneur
You’ve probably heard about (or participated in) shopping center entrepreneur contests before. They usually involve asking local home-based business owners (or prospective owners) to pitch their businesses in a Dragon’s Den-style competition, with the winner taking a free RMU space to launch their business in a retail environment.
Centre Mall is doing all that this year with its search for Saskatoon’s finest Entrepreneur, but it’s also doing something a little different: looking for an up and coming youth to recognize as the finest local Kid Entrepreneur. Sadly the younger set won’t have the opportunity to run their own RMU, as that would probably break a few labor laws, but they will have the chance to compete for a $1000 educational grant.
To be considered, kids and teens 17 and under can fill out an entry form styled to look like an iPad, with questions about their great ideas for a product or service, what makes those ideas great, the market for them, and their business goals. It’s a truncated version of the questions the adults face, in fact, but those go a bit deeper into funding sources, projected profits and the works.
The adults that win will get started with three months in a retail cart in the mall, web hosting and website design by a local provider, and $500 toward cart signage. The mall will also do its best to promote the shop through its advertising.
