Do you have a cool business idea? Do you already have an existing business? Do you want to locate your business downtown Niagara Falls? What if you could win money towards a one year lease for a storefront right in downtown Niagara Falls plus additional prizes?!
Win This Space NF is a new Downtown Niagara Falls initiative in partnership with the Small Business Enterprise Centre, and many community partners and sponsors. ‘Win This Space’ concepts have been extremely successful in other Canadian cities with boosting economic development, stimulating new downtown storefront businesses and creating jobs.
This is how it works
- Send us your application online by April 23rd, 2021 at 5:00 PM EST.
- Your idea could be selected as one of the 10 semi-finalists
- Attend orientation and five mandatory workshops between April 30th, 2021 and May 21st, 2021
- Submit your business plan by May 23rd, 2021
- Five finalists will pitch to the judging panel on May 28th, 2021
- The winner will be announced on May 31st 2021
- The successful finalist selects a storefront in downtown Niagara Falls, prize money to go towards a prize one year lease plus additional prizes!
Please note that attendance is mandatory for all workshops to be eligible for participation in Win This Space NF. Locations are TBA and are dependent on the COVID-19 pandemic. Event dates and times can be found on the events section of this website – link below!
The competition is open to all legal residents of Canada who are 19 years of age or older and residing in the province of Ontario at the time of submitting an entry to the Win This Space NF competition. (Hereafter referred to as the “Contestants.”)
The Contestants may be a sole proprietorship or partnership. However, no franchises, full service restaurants, multi level marketing businesses, registered charities, or not for profit organizations are eligible. Those purchasing an existing business are also NOT eligible to participate. If the proposed business will be run as a partnership, only one partner needs apply to the WIN this Space competition. The business may be a start-up or an existing business lacking a permanent storefront location. Entities already in a space they wish to maintain are also NOT eligible. The Adjudicating Committee (the “Committee”) will have sole and absolute discretion in determining whether or not a Contestant is eligible for this competition and such determinations shall be final.
Candidates must be willing to commit to signing a minimum one-year lease from one of the participating spaces, which are available for lease at the end of the competition. If none of these spaces are not suitable for the winning business, another location may be sourced from the Queen Street BIA boundaries.
Candidates must have submitted an entry into the competition by the deadline date as described on the website www.downtownniagarafalls.com to have their business considered as part of the competition. The Committee will select the top 10 semi-finalist businesses (the “Top 10”) to advance to the next phase of the competition and to receive a series of three free mandatory business workshops presented by Win This Space NF partners.
**NOTE: The downtown Niagara Falls BIA reserves the right to withhold awarding of any prize money if it is the opinion of the DBIA that no viable applicants have come forward.**