students

Information sessions prepare students for upcoming Venture Seed competition

The Humber Launch prepares students for upcoming New Venture Seed Fund (NVSF) competition at information sessions.

The NVSF information sessions are designed to teach applicants how to write business plans and prepare applicants for the final NVSF competition. The fourth annual NVSF competition gives applicants an opportunity to share their business plan with a final prize of $10,000 that can only go towards the applicants new business. Associate Dean of Humber’s business school, Peter Madott said, “These sessions are to help people understand the submission process on how to develop a business plan in order to compete in the contest.” Humber college business professor and entrepreneur advocate, Tony Gifford said, “This money can go towards things for their business such as a business certificate.”

To be eligible to partake in these sessions and competition, one has to be a full time Humber student who is completing or expected to graduate during January 1, to Aug. 2015. An early submission deadline is on November 17 with a chance to win an iPad followed by a final deadline on December 5 at 4 p.m. The winner of the NVSF competition will be announced on January 9.

On Oct. 27 and 28, the sessions took place in the Blue room of Humber College’s Lakshore campus. On Oct. 39, the final day of the NVSF sessions, the event took place in room L3002/3005. “I think we had multiple dates to accommodate the schedule of many students and peoples schedules,” Cherun said. NVSF sessions will be taking place Nov. 3, in room B101 and room C109, on Nov. 4, and 6 at 3:30 p.m. to 5:30 p.m.

The Humber Launch is an opportunity for aspiring entrepreneurs to turn ideas into a business. Members of the Humber Launch are provided with resources and business insight as they start up. Maddot says, “ whether you win (NVSF) or not, Humber Launch is there to help mentor and coach people who are really trying to start a business.”

The Humber Launch is open to current Humber students, alumni’s, and locals who have a current business they are passionate to start. Program assistant of the Humber Launch, Bram Cherun says students from all programs are welcome to become a part of The Humber Launch, and adds, “There’s no cost to become a member, we just ask them for their time, and dedication.”