Downtown Langley Business Association chair Carole Ward and executive director Teri James were among the DLBA team who are announcing a new contest called Start It Up Langley. (Roxanne Hooper/Langley Advance)

CONTEST: $115,000-prize package helps retailer start up store in downtown Langley

Someone in B.C. will loot and a rare chance to build a brand new business in Langley.

A start-up package worth more than $115,000 is up for grabs for an inspiring entrepreneur wanting to start a new business in Langley.

Now that’s a huge boost for anyone wanting to launch a company, and what better place than Downtown Langley, said Teri James, the executive director of the Downtown Langley Business Association (DLBA).

Details are being revealed later today for this new and distinct contest by the DLBA.

The contest, called Start It Up Langley, is aimed at jump starting a new retail business within the City.

“We have a very exciting contest with… a once-in-a-lifetime opportunity to win over $100,000 in prizes to help them launch the business of their dreams,” she said.

“Nothing like this has been done before.”

One of the key criteria, the founder has three minutes or less (via video) to convince judges why their idea is worth considering.

And in addition to the video, aspiring retailers must submit a business and financial plan showing the viability of the venture, and have access to $30,000 of their own capital to invest.

“Honesty, nothing like this has been done before,” James said, explaining how she conceived of this idea a year and a half ago.

It was inspired by a technology contest in Ontario, and she’s been building and morphing the idea ever since.

The prize package includes six-month free rent on retail space in Downtown Langley, a lawyer and accountant’s help with all the start up paperwork and requirements, $20,000 in services from an interior contractor, exterior signs, a grand opening reception, interior merchandising, a promotional car wrap, print media advertising, a security system, City fees, a business coach, and full branding and marketing support, plus more, James said.

She is expecting literally hundreds of applications before the May 11 noon deadline.

James noted it has to be a totally new business, that the company can’t be a relocating, nor can it be a second location of an existing store.

Langley City Mayor Ted Schaffer was one of the few read in on the proposed contest prior to its release today.

“What a great idea,” he said.

“I think it is a wonderful marketing program that will benefit not only the successful entrepreneur, but the business community as well,” said the mayor.

.

Winner announced July 16

Five semi-finalists will be announced June 6, then there’s a people’s choice voting component that will whittles that shortlist down to the top three.

A winner will be announced July 16.

“We’re super excited,” James said. “And as of Feb. 19, check it out at StartItUpLangley.com.”

Just Posted

AESS senior girls eyeing spot in basketball provincials

The team needs to move up one more ranking get a place in the championships

Agassiz man charged in 2014 snake venom death of toddler

Henry Thomas was taking care of the North Vancouver girl the day before she died

Chilliwack Chief Harrison Blaisdell climbs Central Scouting Bureau rankings

The 17 year old forward is now drawing a second round grade as CSB releases its mid-term list.

Classical paired with folk for Chilliwack Metropolitan Orchestra’s winter concert

Chilliwack Metropolitan Orchestra presents Tchaikovsky in America at G.W. Graham theatre

Community artists, amateurs wanted to create Kent anniversary logo

The 125th anniversary committee is hoping to choose a logo designed by the community

VIDEO: Harrison sailor looking for competitors to race model boats

Bernhard Van Velze is hoping to create a club for model sailboats at Harrison Lake

B.C. man fined $10,000 after leaving moose to suffer before death

Surrey man was convicted last week on three Wildlife Act charges

‘Blue Monday’ isn’t real, but depression can be

CMHA encourages people to prioritize their mental health

South Surrey mother didn’t have the intent to kill her daughter: defence

Closing submissions in case of Lisa Batstone underway

Anti-pipeline group wants NEB to consider impact of emissions, climate change

Stand.earth filed NEB motion asking to apply same standard to the project as it did with Energy East pipeline

Parole granted for drunk driver who killed B.C. RCMP officer

Kenneth Jacob Fenton will be able to attend alcohol abuse treatment, nearly three years after crash that killed Const. Sarah Beckett

B.C.’s largest public-sector union wants inquiry into money laundering, drugs

Union officials say Premier John Horgan and Attorney General David Eby have not ruled out the possibility of a public inquiry

Teen in confrontation with Native American: I didn’t provoke

Nick Sandmann of Covington Catholic High School said he was trying to defuse the situation

VIDEO: 11-year-old violinist practices for Vancouver Symphony Orchestra debut

Cloverdale student Da-Wei Chan will perform Jan. 31, Feb. 28 with the VSO

Most Read