Are you in your last year of studies or have graduated within the last year at NAIT? Do you have an innovative business idea that, with a little nurturing, could become a legitimate business? SIFE NAIT, novaNAIT and YTP want to help you “HATCH” your business!!  

HATCH is a business plan challenge open to full time students, between 18 and 35 years of age, in their last year of study at NAIT. The applicants are those who need a little aid to help make their business plan a reality. We are looking for ideas with a technology, science or knowledge-based focus.

We are offering the winner $20,000 seed money to be used for expenses directly related to implementing the business plan and services from novaNAIT’s Duncan McNeill Centre for Innovation, including one year of incubation space, to help get things started. In addition, to assist with commercial strategy development, novaNAIT and SIFE will provide access to a panel of advisors from industry and the investment community.

The second round of this challenge will officially open in 2010. All eligible entries will be considered and the top applicants will be chosen to present their ideas to the judging panel. One entrant will be chosen to get HATCHed!!

YTP - HATCH Winner - 2009

The inaugral winner of YTP - HATCH student business plan competition is officially announced.

JR Shaw School of Business student Konrad Misiewicz's winning idea could potentially save the oil industry a lot of money and has earned him $20,000 in seed money and one year of business incubations space at novaNAIT's Duncan McNeill Centre for Innovation to get his business off the ground.

Then product is an improved pig tracer. Placed inside the pipeline, a pig device cleans residue from the inner walls of the pipeline. The devices, which are valuable, can get stuck or lost, so they need to be tracked closely. Misiewicz says his pig tracker is better than anything else on the market; it is more durable, it has a longer trackin range and it can also be used with a number of recievers.

• Criteria and Contest Rules
• Workshops