The life of a young entrepreneur these days is very interesting and most likely totally different then a decade ago. I do feel the fundamentals remain the same. The major difference is with the tools an entrepreneur may have to increase its reach within the global community. Its challenges like these that put you on the spot and force you to innovate.
The major difference I’ve come to realize are the tools an entrepreneur may have to increase its reach within the global community. The Ottawa Innovation Challenge tries to approach the business competition from a different angle and tackle these new problems and give us many opportunities to connect with other young entrepreneurs in the region.
The way the Ottawa Innovation Challenge works is actually fairly simple; companies are responsible to prepare a problem statement which reflects current challengers the company is experiencing. We are given 48hrs to provide the client the best solution. I was assigned a partner, Nigel Kay, who I never met before and go! It was an incredible experience where I had the opportunity to learn so much from the mentors who gave their time over the weekend to assist us.
The Ottawa Innovation Challenge is tailored in such a way where making connection is critical and this gave me the confidence I needed to start my business this summer.