The Scholars Edge
Business Ownership Experience
Competition
The Business Ownership Experience gives top Canadian business students a chance to learn the ins and outs of running a business, while competing against each other. Every student will run a small house painting business and be tasked with recruiting/hiring, project management, profit control, marketing, sales and more.
Throughout the spring and summer, the competitors will be judged by our guest panellists, made up of elite entrepreneurs from Western Canada.
WHAT MAKES US DIFFERENT
Scholars Edge provides a unique opportunity for students to experience business ownership without financial risk or requirement for start-up cash. We emphasize training and mentorship and provide the participants with all the executive support, accounting, administrative work, and advice they need to be successful.
- $5 Million in Liability Insurance
- WCB or Worksafe BC Coverage
- Business License
- Paint Store Account & Line of Credit
We’ll even send out T4s to our students’ employees the following year.
Scholars Edge is the only student business ownership program that allows students an opportunity to compete against each other for scholarships, connect with business leaders, and make a lot of money along the way. Most students make at least $20,000 over the 6 months. The top students in 2021 made $75k, $90k, and $110k.
Competition Phases
HIRING
We accept applications between August through to January to begin training in February of the following year.
TRAINING
Kick-off training begins the first week of Feb. Over a weekend, we’ll welcome students to the competition and provide them with instruction and supporting materials to enable them to run their own residential and commercial painting business. We will provide ongoing mentorship throughout the competition, including four days of training. You will not need to miss school to attend any of the training seminars.
THE COMPETITION
The competition begins immediately after our initial kick-off training and ends in the beginning of September. Final results will be announced on our website one week later.
| 1 | September-January | Hiring |
| 2 | Early February | Complete candidates list live on our website |
| 3 | Early Feb | Orientation and training weekend |
| 4 | Immediately after training | Competition begins |
| 5 | March | Production & Profitability Training |
| 6 | April | Hands-on Production Training |
| 7 | June | Dean’s List Mid-term reports issued |
| 8 | First week of September | Final week of competition |
| 9 | Weekend before Labour Day | Awards Dinner |
| 10 | Labour Day | Official announcement of winners & results |
| 11 | October | Dean’s List trip |
Features
The executive support doesn’t end after the Kick-Off training weekend. Our young business owners get full-time support from the Scholars Edge team executives throughout the spring and summer. We are here to help you succeed.
- A business start-up kit and business manuals
- Full time mentorship both in the field and via phone
- 25+ years of proven systems and best practices
- Access to Scholars Edge Edgemanager, our full scope management software
- Liability Insurance
- Workers Comp / Worksafe BC Coverage
- Business License
- Paint Store Account & Line of Credit
- Student social events to meet and share your stories
- Scholarship Money (1st Prize $3,000, 2nd Prize $2,000, 3rd Prize $1,000)
- Year End All-Inclusive Trip for Top 10 Dean’s List finalists
- Business Experience Tour with a panelist
- Student Year End Awards
Experience & Learning
The Scholars Edge Business Ownership Experience is like no other program in Western Canada. This is hands-on business ownership 101 for young business owners, with a lot of other opportunities. We provide our students with exceptional training and mentorship so they feel supported throughout the entire process. The essence of our program is to take students with minimal experience, and watch them evolve through our supported business challenge into Canada’s brightest young business people.
- Lead Generation
- Sales
- Marketing
- Human Resources
- Cost Control
- Project Management
- Profitability
- Client Management
- Time Management
The valuable skills that our student entrepreneurs gain throughout our program will set them up for best practices in their professional lives beyond the competition, as well as igniting personal growth. The friendships they make will stay with them long after the excitement of the competition fades.
How it works
REWARDS & RECOGNITION
SCHOLARSHIPS
Our top 3 scholars will cash in!We’ll be rewarding your hard work with hard cash.
1st place – $3,000
2nd place – $2,000
3rd place – $1,000
MENTORSHIPS
Learn from spending time with the best.Win a Business Experience with your chosen panelist.
Year-end Trip
The real fun begins after the competition.Make the final Dean’s List and you’re on your way to an all-inclusive trip for a week of sun and fun. You’ve earned it.
