Breakthru Eligibility
Individuals and teams can enter Breakthru. To participate in the competition submissions must demonstrate the following:
- An innovative business that has not previously been launched, and has a solid business case
- Strong market demand with growth potential
- Commercial and financial feasibility
- Potential to generate a sustained competitive advantage
- Talented management with relevant experience
- Fit with one of the Foundation's strategic industries
- Potential economic impact on New Brunswick
To be eligible, each participant must meet the following conditions:
- Be at least 19 years of age
- Be a resident of the New Brunswick or part of a team with at least one member that is and owns or will own at least 51% of the proposed company
- Be legally entitled to establish a business and work in New Brunswick
There are additional eligibility requirements for the Young Entrepreneur Prize and the Best Student Venture Prize. Please refer to the Participant Handbook for further information on the eligibility and submission requirements.
WHAT IS NOT ELGIBLE:
Business ventures with substantial existing operations, buy–outs, expansions of existing business ventures, real estate syndications, tax shelters, internal ventures, joint ventures, franchises purchases and business ventures without sufficient rights to any third party intellectual property introduced.
