The Saskatoon Regional Economic Development Authority (SREDA) awarded five outstanding local entrepreneurs with cash prizes as part of its new entrepreneurship program, Go Money. This program is geared at accelerating the development of viable business ideas as well as supporting founding entrepreneurs’ growth through ongoing coaching relationships.
“It’s tremendous to see the amount of incredible entrepreneurs launching fresh businesses right here in the Saskatoon Region,” said Alex Fallon, President and CEO, SREDA. “These entrepreneurs add value to our local economy by creating jobs and wealth, driving innovation, and positioning the Saskatoon Region as a home for business.”
Go Money featured three evaluation rounds: Application, Strategy and Pitch. In total, SREDA received nearly 70 applications in which 20 were selected to compete in the Strategy Round. This round consisted of individual strategy sessions with some of the Saskatoon Region’s brightest business leaders.
Ultimately, five entrepreneurs were chosen as the Top Five Go Money Finalists. The final five entrepreneurs competed in the pitch competition where they were asked a series of questions related to their readiness to grow their business. While all five impressed the judges with their pitches, Pop + Tot Cloth Diaper Service was the ultimate winner walking away with $10,000 cash.
Congratulations to the Top Five Go Money Finalists:
- Pop + Tot Cloth Diaper Service, Alex Archer and Tyson Schultz
- Cadence Final Document Services, Rachel Drew
- Leto Mom, Amy Morris and Robyn Price
- Life Outside Gear Exchange, Nancy Broten
- Assisted AdvantAGE Senior Solutions, Jennifer White