Considering Entrepreneurship What is Princes Operation Entrepreneur A

Considering Entrepreneurship?

What is Prince’s Operation Entrepreneur? A uniquely Canadian program offering the military community the education, tools, resources and networks needed to start and grow their own businesses. A program of Prince’s Charities Canada established in 2012. Sanctioned by the Canadian Armed Forces and Veterans Affairs Canada. Two full-time staff, 2 part-time Ei. R’s, and many, many volunteers (alumni + Enactus students + academics + entrepreneurs = 4740 hours in 2016 )

How does entrepreneurship fit in?

We offer One-day workshops (all) Seven-day business boot camps (members) Entrepreneur-in-residence and business coaching support (all) Canadian Veterans Business Directory (all) Networking & community support (all) Industry expertise (all) 4

One-day workshops: Introduction to Entrepreneurship October to April usually following SCAN’s Held on Bases across Canada Open to serving and transitioning members, veterans, reservists and spouses

Workshop flyers

Getting comfortable with entrepreneurship

Business Boot Camps 2017 Open to eligible members and veterans Offered at no cost Intensive, week-long, in-residence learning environment 20 participants in each location Selection based on business and personal readiness, proximity to release Applications open Université Laval : Québec (QC) (en français) May 14 – 20 2017 Dalhousie University : Halifax, NS June 4 – 10 2017 Memorial University : St. John’s, NL July 16 – 22 2017 University of Regina, Paul J. Hill School of Business : Regina, SK August 20 – 26 2017 8

Boot camp schedule

Annual programming Seven-day boot camps - yellow One-day workshops – blue Boot camp graduates - red

Achievements to date 2012 -2016 289 boot camp graduates 177 businesses started 1336 one-day workshop attendees In 2016 4 University Partners 36+ 100+ Student Volunteers 25+ 20 + Alumni Volunteers 68% 34% Faculty Volunteers Local Entrepreneurs boot camp participants medically released suffer from PTSD or anxiety disorders

Entrepreneurship is a family affair In 2016, 37% workshop attendees plan to start a business with their spouse. And since the dawn of time. . .

Stage of business Workshop population: 73% Still serving 14% Veteran 11% Spouses 2% Staff/Observer 70% 60% 50% 40% 30% 20% 10% 0% All Spouse Idea Stage veteran Pre-operational Operational Still serving

in e ar nt ra yc da au e ic y te fe t rv se st re od fo sa es ta se hi nc n/ io ct sp e al fra n h lo sa a/ sp ac y ss et ph ra co y/ ap og ot re er th ph ne /p al /it ym /g ss im w n) io ke ) no /s ng pi bi sh fa an sc a ln e el w nd la r, ca d, oo ir, pa (w (re om st cu op Sh Popular business sectors 71% of business completely unrelated to their military career 35 30 25 20 15 10 5 0

Workshop objectives 44% planning full-time businesses 56% planning part-time businesses Learning Objectives Personal Objectives start resources plan market research learn success financing steps network basic general marketing retire 0 10 20 30 40 50 60 0 50 100 150

Community resources

The Idea Napkin and your idea Devised by Alex Bruton – Innographer | Source: The DIY Innovation Toolkit(TM) | Licensed by The Innographer Ltd:

Promoting businesses and building community Three objectives: 1. Promote businesses 2. Grow entrepreneurs’ personal and professional networks 3. A resource for future entrepreneurs. Ask an expert before jumping in! www. princesoperationentrepreneur. ca/canadian-veteran-businessdirectory

Ongoing Support Access to free industry experts: Free corporate legal advice and information through partnership with Pro Bono Ontario and national law firm Business coaching Webinars Advice from community experts including vetted sponsors Be part of the community of military entrepreneurs

Entrepreneur road map

How to direct your clients Contact Prince’s Operation Entrepreneur Do some market research Speak to their personal banker Volunteer to “help” an entrepreneur Visit local resource centres Begin informal business planning Find a coach or mentor Continue training (workshops, audiobooks, podcasts) Follow the dieting principal: a little every day 21

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