Northumberland, Ontario, Canada’s annual $100,000 startup competition
Through three Rounds (The Pitch, Business Planning and Negotiation) N100 startups compete for a $100,000 convertible note that will support key milestones in their development, such as finalizing a prototype. The competition (which runs every year from March to July) is designed to accelerate high growth potential startups and to position them for follow-on investment.
N100 is also an attraction strategy. While startups currently located anywhere are eligible to compete, ultimately they must establish operations in Northumberland in order to receive the $100,000 investment. The N100 Startup Competition was developed by Northumberland CFDC in partnership with our Regional Innovation Centre, Spark Centre.
To compete, you must have a plan to commercialize a new and innovative technology-driven product or service with:
- High growth potential
- Competitive advantage
- Credible founder team
- Potential for economic impact in Northumberland