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N100 Startup Competition
Through three Rounds (The Pitch, Business Planning and Negotiation) N100 startups compete for a $100,000 convertible note that will support key milestones in their development, such as finalizing a prototype. The competition (which runs every year from March to July) is designed to accelerate high growth potential startups and to position them for follow-on investment. That is why we offer a chance to secure a $100,000 investment.
N100 is also an attraction strategy. While startups currently located anywhere are eligible to compete, ultimately they must establish operations and impacts in Northumberland in order to receive the $100,000 investment. The N100 Startup Competition was developed by Northumberland CFDC and is powered by our partners: the N100 Power Panel and Advisors, Port Hope’s Delta V Accelerator, Northumberland’s Regional Innovation Centre, Spark Centre, MathWorks, Budgeto, Reviewr and with the support of FedDev Ontario.
To compete, you must have a plan to commercialize a new
and innovative technology-driven product or service with:
1. Large, addressable market
2. High growth potential/scalability
3. Competitive advantage
4. Credible founder team
5. Potential for economic impact in Northumberland
For more information on N100 and it’s prizes, click here.