Funding

Finding sources of funding is a difficult hurdle that most businesses encounter when developing a new product. Developing new products and technologies can be expensive, but there are programs and companies that can provide financial assistance to businesses developing new products.

Canadian Youth Business Foundation - The CYBF is a program dedicated to assist aspiring young entrepreneurs through mentorship and providing business financing. The program is available to entrepreneurs between the ages of 18-34.

Community Futures British Columbia – Community Futures plays a significant role in entrepreneurial and community development throughout the province. Community Futures has a network of 34 local offices throughout the province to develop economic benefits in rural communities.

BCIC New Ventures Competition – The New Ventures Competition conducts an annual business competition that awards over $300,000 to new businesses in British Columbia. Leading up to the awards night, participating businesses can attend a number of seminars and networking events to develop relationships in the business and investor communities.

Modern business globally trying to implement innovative ideas for business in 2015. New concepts, new ideas, new brands, relentless process of opening new markets. In case of successful design solution, upgraded services and goods to the customer will be perceived as innovative. If we talk about innovation in business, an example is experimenting with Canadian pharmacy online providing them with new and innovative medicines, so you can attract more and more new customers. In order to generate new ideas you need to remember some of the features of innovation. Many of the ideas are not implemented and investors know this. Innovation in our reality - it is a big risk. In today's globalized world, it is difficult to come up with something really valuable. l