Question: What is Generation Innovation?
Answer: Generation Innovation is an opportunity for Métis youth to develop entrepreneurial skills after which finalists will be selected to participate in a “Dragon’s Den” like experience.
Question: How can I participate?
Answer: Métis youth, ages 18 to 29 in Ontario can participate by completing a Generation Innovation Application Form and submitting it by November 22, 2012. Applications will be screened and up to 25 applicants will be selected to undertake entrepreneurial training.
Question: What kind of training will I receive?
Answer: Successful applicants will initially be required to complete an on-line small business training course from the GoForth Institute, followed by face-face-training from qualified professionals. Pitch training will be provided to all finalists. For more information on the on-line training course see the GoForth Institute website at: www.goforthinstitute.com. The Métis Nation of Ontario will provide the on-line training packages for the successful applicants.
Question: How will finalists be chosen?
Answer: After completing the on-line training, participants will submit a business plan for their business or idea. The business plan will be reviewed by business professionals and up 10 semi-finalists will be chosen to receive additional assistance to strengthen their business plan. The semi-finalists will have an opportunity to resubmit their business plans for review after which 5 finalists will be chosen to participate in the Generation Innovation challenge – “Métis Youth Dragon’s Den”.
Question: How much time will the training take?
Answer: Participants must be able to dedicate several hours per day for six weeks to complete the on-line training and prepare a business plan. In addition you may be required to attend face to face training of approximately 2 days. If you cannot commit time to participate you should not apply.
Question: If I do not complete the on-line training can I keep the on-line training course?
Answer: You must return the on-line training course.
Question: Who will cover my expenses to participate in face-face training?
Answer: The Métis Nation of Ontario will cover your travel costs to participate in any face-to-face training provided to the semi-finalists.
Question: What are the prizes?
Answer: First Prize will be $1,000, more details will be forthcoming in the next few months.
Question: Will the finale of the Generation Innovation be filmed?
Answer: Funding permitting, the event will be filmed as was done in March 2012.