Business ideas

Prince George Titans’ Den awards $ 11,000 for business ideas

Nine aspiring entrepreneurs walked into the Titan’s Den last month to pitch their ideas to five local business leaders.

On the evenings of October 27-28, four of the nominees successfully pitched their ideas and received funding to move their business forward. Together, they received over $ 11,000 in funding.

Participants included students, inventors and secondary business operators.

Titan’s Den is a City of Prince George project that gives entrepreneurs the opportunity to pitch their ideas to local business leaders.

These anonymous “titans” can then contribute their own money to concepts that they believe have serious potential.

Titan’s Den looks like CBC’s “Dragons’ Den”, but unlike the TV show, business leaders take no ownership or control in successful projects, and the event is not held in public.

“The throwing experience has been thrilling and one of the most rewarding things I have ever done in my life. I felt honored to participate, ”said participant Courtney Hayhurst who received $ 3,000 in seed funding to invest in a cultural podcast startup.

“I know that the funding and advice I have received from the Titans will help me prepare to achieve great things in the future.”

The event was the second production of Titans’ Den by the City of Prince George. Earlier this year, the city received a Community Leadership Award from the North Central Local Government Association in the Economic Development category for the initiative, which first took place in 2020.

“The event has evolved so much in just a year and the support of the Titans has been crucial to its success,” said Melissa Barcellos, Head of Economic Development.

“We can’t wait to see what happens in the years to come as Titans’ Den grows. It’s exciting to see the progress of entrepreneurs with the seed funding, guidance and encouragement from the Titans.”