Following Start Up Pitch Competition, Medicine Hat College students and alumni take next steps to entrepreneurship

Medicine Hat College

from the Prairie Post:

With the JMH&CO. Start Up Pitch Competition behind them, Medicine Hat College (MHC) student and alumni entrepreneurs received their funding today and prepared to move on to the next phase of launching their small businesses.

The competition, held last month at MHC, saw eight students and alumni present their ideas to a panel of judges in a public, Dragons’ Den-style event. Each individual or group had 10 minutes to share their idea, make the ask, and respond to questions from the judges. At the end of the competition, seven participants received funding for their business ventures.

The cheque presentation and breakfast, traditionally held at the college, took place at JMH&CO. Chartered Professional Accountants May 25, giving students an opportunity to become familiar with the office and connect with their new mentors.

“Coming here makes the process easier, more personable,” says business student Colton Eremenko of 41 North Salsa Co. “We can meet our mentors face-to-face and feel comfortable when we come for our monthly progress meetings.”

He received a $4,100 investment from JMH&CO., a $1,000 prize for Best Pitch and the opportunity to attend the Innovation Rodeo at the Calgary Stampede and compete against other entrepreneurs for the grand prize of $50,000.

“I left school thinking I knew a lot, but I know now there’s still so much to learn,” says Eremenko, who just finished his first weekend of sales at the Medicine Hat Farmers’ Market. “It’s going to be a really good experience.”

Agriculture was also front and centre, with two start ups focused on the livestock industry. Students Nicole Hamilton of NicAl Livestock and Chelsea Gill with Reverse GC Angus both received a $6,500 investment to enhance their efforts in launching cattle breeding operations.

Valley Zipline Adventures was another big winner with MHC alumni duo Patrick Tolchard and Krista Berg taking home $10,000. Their zipline recreational facility is currently under construction near Radium, British Columbia and will offer fun for adventurers of all abilities.

Read the full story here.