Bring your business opportunity to life with Community Futures Business Incubation!
Community Futures supports entrepreneurs in bringing their early stage business opportunities from idea to launch, with opportunity exploration, assessment, business planning, and business incubation. Business incubation support includes one-on-one coaching, comprehensive business plan training, and business workshops and seminars.
Incubation begins with the exploration stage and can include one-on-one coaching as well as Opportunity Exploration and Opportunity Readiness Workshops at Community Futures.
From there, once you decide your idea and opportunity are ready to do in depth planning, you can undertake further development of your business idea through the ten-week Business Plan Development Program, which includes six weeks of in-class training, and one-on-one coaching and support to help you build a comprehensive business plan and prepare for launch.
Further growth and development support is also available through practical and interactive workshops, as well as one-on-one coaching and counseling. These half day sessions are designed for key business areas and are facilitated by skilled and experienced entrepreneurs.
Exploration of new ideas and opportunities is an essential attribute of successful entrepreneurs. Over the past 30 years Community Futures has helped thousands of entrepreneurs develop their businesses. As a result we have developed valuable resources, networks and experience to help facilitate new business development. These tools and resources are constantly being added to and improved. Click here for Exploration Resources.
The Opportunity Readiness Workshop is a 1 day workshop focusing on preliminary business opportunity analysis and individual preparedness for self-employment. Assess the feasibility of your business idea and your own entrepreneurial skills and opportunity. We encourage all eligible individuals to attend this valuable and interactive workshop. This workshop is mandatory for those wishing to attend the Business Plan Development Program.
The Opportunity Readiness Workshop is available to both WorkBC sponsored clients with new business ideas, and to self-funded entrepreneurs with existing businesses, start-up ideas, or pivot opportunities. Click here for more details.
Ready to take your business idea to the next stage?
The Business Plan Development Program provides extensive training and support to develop a comprehensive business plan.
Once individuals attend the Opportunity Readiness Workshop and complete an application, approved participants attend six weeks of in-class instruction, and develop and complete a business plan within a ten week period.
Individuals eligible for EI benefits or Reachback can be sponsored and referred by WorkBC to the program. Individuals not sponsored by WorKBC may purchase a seat in the Business Plan Development Program for $835 + GST, based on availability and suitability. Bursaries and other financial support may also be available through Community Futures. Please call 250-868-2132 for more info.
Please note, all applicants must attend the Opportunity Readiness Workshop prior to applying for the Business Plan Development Program.
The 6 week Business Plan Development Program includes:
Business management, operating plan, business plan writing and layout, vision, goals, objectives, risk management and guest speaker presentations during 4.5 days of instruction.
Collecting, analysing and finalizing market research, developing marketing strategies based on this research, effective sales staretgies, promotions and sales forecasting during 4 days of instruction.
Financial planning, cash flow forecasting, income statement and balance sheet preparation, sales and cost analysis, financing strategies including personal financial planning during 4 days of instruction.
One on one counseling is provided to assist the participant in writing, editing, troubleshooting and modifying the business plan in preparation for a final draft.
A series of comprehensive 1/2 day workshops designed to help operating businesses with specific business topics and issues. $80 + GST/session.
All workshops and seminars are available on a first come first serve basis. All facilitators are experienced self employed business people that have demonstrated success in their specialty areas.
Come by our office for information on our other programs or check our Calendar.