Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 10 Nov 2004, p. 26

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John Darling PS Keatsway PS Laurelwood PS Mary ohnston PS NA Mactachern PS Sandowne PS Sheppard PS Southridge PS Westvale PS November 25, 5.00 pm Empownring io jong inarmers who strive tor axcellence in a changing world. Oatmenon at te Soar: November 16, 7:00 pm November 15, 7:00 pm November 15, 7:00 pm November 24. 7:00 pm November 16, 7:00 pm at Franklin PS November 9, 7:00 pm November 16, 7:00 pm at Franklin PS Local universities create competition promoting entrepreneurial activity he _ University _ of I Waterloo, in partnerâ€" ship with Wilfrid Lauâ€" rier University, has created a competition that not only promotes entrepreneurial activity but also helps to launch new businesses. The LaunchPad $50K Venture Creation Competiâ€" tion will provide an enviâ€" ronment where many of the challenges facing potential entrepreneurs are addressed. For anyone looking for a great idea to turn into a business, having a great idea but not knowing where to start, or just wanting to be involved in an exciting new venture, more details can be found at the Web site www.launchpad50k.ca community members to join together in teams. develop business plans and start successful businesses," said Kimberlty Zheng. stuâ€" dent leader of the program at UW. Organized by UW and WLU, the competition is modelled on the Massachuâ€" setts Institute of Technology $50K competition and proâ€" vides a network of resources for teambuilding, mentorâ€" ship and networking. Geoff Malleck, Associate director of student developâ€" ment for the Centre of Busiâ€" ness, Entrepreneurship and Technology. said that "although the prizes are sigâ€" nificant, the true reward comes from the actual launch of a business, both to the entrants as well to the community as a whole." Cash prizes and inâ€"kind services totaling $50,000 in value will be divided among the three winning teams. A sample of the work shops and events include: * ignition $1K Pitch Competition, Thurs., Jan. 13 from 7 p.m. to 10 p.m. comes from the actual launch of a business..." â€" Geoff Malleck * Writing the Business as Plan, Wed., March 9 ... the true rewa@ard _ "The Competition: Continued from page 23 enough to grow their busi ness and make your owner ship stake in it more valu abte as well? Over the long term there can be a risk associated with being in interestâ€"based investments. Not that interestâ€"based investments are risky, but that the real risk, the ane that hinders your ability to create wealth, is playing it safe in the interest game. Especially considering how interest is taxed. Of course, the concept of "Own or Loan" is not an absolute law There are issues to con sider, such as liquidity. shortâ€" or long â€"term hon zons and the risk level you are willing to be exposed to tGoals certainly come into play here â€" not just from the own/loan discus associate director 9 *« Legal Issues in the Startâ€"Up Venture, Wed., Feb. * Funding the Startâ€"Up Venture, Wed., Feb. 16 * LaunchPad â€" $50K Awards Ceremony and Dinâ€" ner, Sat., May 7 â€" More Workshops: * Refining the Business Model, Wed., Jan. 19 * LaunchPad $50K Preâ€" sentations, Fri., May 6 â€" * LaunchPad $50K Finalâ€" ist Presentations, Sat., May For competition rules, resources and guidelines, please download the 2005 Official Handbook available on the Web site. Please note that this docâ€" ument will be updated periâ€" odically, so please check back regularly. Team Builder is a tool that enables individuals to connect with each other electronically. By reading and posting messages. users can recruit team members or find a team to join based on interâ€" ests, skills and experience. You do not need to login to search the team builder database, but you need to login to post messages. \The Workshop Registraâ€" tion page is accessible after you have logged in. It is recommended that participants attend as many workshops as possible. sion, but in all forms of asset allocation. Why? We aren‘t just choosing to allocate our money based on some random whim, or just to satisfy our desire to have more. Rather, we are trying to help ourselves accomplish and attain our goals. Both longâ€" and short term goals. If, for example, you can accomplish what you need financially with a six per cent return on your money and you bave the opportuâ€" nity to earn six per cent in a loan investment â€" do that This isn‘t about saying that own is the only way to invest; you have to make sure that you can live with what you are doing as well. If you can‘t sleep at night knowing that you don‘t have the guarantee of a loan investment there is a lot to be said for that

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