Paramagnus and Business Plan Success

Everything is public now, so it’s time for an update on our business plan competitions! As you may recall, Dickson and I entered Paramagnus into two business plan competitions – VenturePrize and Wes Nicol. We had back to back presentations in February, and have been waiting patiently to find out how we did. We’ve known for a couple days now, but it was announced today that we’re a finalist in the VenturePrize competition, and we won first place in the local portion of the Wes Nicol! Congratulations especially to our fellow finalists in VenturePrize, and indeed to all of the competitors we’ve met thus far. We’ve learned so much already!

We’re now preparing for the final VenturePrize showdown which takes place at the annual EEDC luncheon on March 22nd. We’ll be among the first people to see the brand new extension to the Shaw Conference Centre. The following day we need to be in Ottawa for the national component of the Wes Nicol competition, so it’ll be a very busy two days! We’re looking forward to it.

Actually the next few weeks will be busy. We did a brief interview tonight that will air on CBC Radio tomorrow morning. Tomorrow afternoon we’re filming our three minute video that will be shown at the luncheon on the 22nd. We’re presenting to a class at the University next Friday. Over the next two weeks we’ll be putting together an “insider’s blog” for our experience in VenturePrize. And of course we’ve got to update our business plan, prepare our second presentations, and keep our business running (not to mention school, volunteering, etc). And it won’t stop there – we’ve already got interviews and the like lined up into April. Definitely good for the business!

We’ve met a lot of people lately, and while it was nice to meet all of you, sometimes it’s hard to get down contact information or remember everyone. If you’d like to get in touch, you can reach me via email or at 780.619.3864. Or of course you can simply subscribe 🙂