Provide access to resources, and education on the fundamentals of entrepreneurship
To become the leading community supported entrepreneurial program within Vancouver
Establish entrepreneurial network of peers and mentors to help ideate and realize business ideas
Are you an aspiring entrepreneur with the next big idea looking for the necessary business tools needed to help your startup succeed?
About the Program
Young Women in Business (YWiB) Vancouver launched the Side Hustle Bootcamp for the first time in 2019.
We created this program to coach passionate individuals in the ideation stage of a startup with a viable potential business idea.
Over the course of the eight week program, coaches will be covering topics like business planning, MVPs, and presenting & pitching. At the end of the bootcamp, participants will pitch their startup to a panel of judges in the final session. Participants will be judged based on the potential success of their idea and how they have progressed through the program.
Time: Tuesdays 5:30 – 7:30pm
Dates: April – May 2020
Location: Mobify, 725 Granville St #420, Vancouver, BC V7Y 1C6
Who: Motivated professionals looking to start or expand their side gig
A separate coach with topic expertise will run each session. For Pitch Night, all coaches get together to judge
Each session begins with 2 participants giving a 3 min pitch of their progress so far
You’ll have an accountability partner to keep you on track throughout the program
You must be graduated from school and currently working. If you're a student, please explore your University YWiB Chapter to see if they have an entrepreneurship program for you.
This program is for:
Currently in ideation stage of startup with viable and high potential business idea
Young professional in early stages of career (<3 years preferred, not mandatory)
Committed to delivering timely results and see startup idea to succession
Passionate, visionary, with high degree of tenacity, flexibility, and motivation
Willing to commit every Tuesday in April and May 2019 from 5:30-7:30pm, and personal time required to bring side hustle to fruition
The ideal coach:
Experienced founders that have delivered industry-renowned results
Well established and respected in their career with 5+ years of experience:
-Quantified by 1+ start up with 2+ years longevity and/or earned distinguished recognition from the entrepreneurial community
Willingness to commit a minimum of 2 hours workshop and attendance at final pitch day
Interview: Week of February 25th
Program Dates - April 2nd, 9th, 16th, 23rd, 30th / May 7th, 14th, 28th
Part 1: Strategy
Session 1: IDEATION: Ice breaker; understand proven methods to generate viable ideas, characteristics successful ideas have, and the problem space and solution fit
Session 2: STRATEGY/ BUSINESS PLANNING: Create a value prop and positioning statement, define competitive landscape and market size, target customer archetype, and understand the customer discovery process and method
Session 3: GO TO MARKET STRATEGY: Customer buying process and decision network, channel and the channel economics, customer acquisition plan and identify lead customer, revenue generating models
Part 2: Execution
Session 4: MINIMUM VIABLE PRODUCT (MVP): Process, testing, and the purpose of an MVP, what to avoid and what to include, common pitfalls
Session 5: FINANCIALS: GST, grants & incentives, funding options, common revenue models for businesses, what is a break-even-point, the importance of liquidity, testing key financial assumptions
Session 6: LEGAL & MISC: Types of contracts, importance of IP and Patents, Incorporation vs Business License vs Sole Proprietorship, when to pivot, when to get a lawyer
Session 7: PRESENTING & PITCHING: What investors are looking and their motives, what needs to be in the pitch, what makes a good pitch
Part 3: Demo Day
Session 8: WRAP UP: Lessons learned (Panel + Wine/Cheese Networking)
Pitch: Your goal is to have the most actionable business plan
There is no application fee for the program. Participants will only be charged once they have been accepted into the program.
YWiB Vancouver members receive 20% Discount