2020 Yukon Innovation Prize

YIP

 

Global Goals: UNs 17 Sustainable Development Goals

Innovation & Entrepreneurship in partnership with the Yukon Government, Department of Economic Development is hosting the 6th Yukon Innovation Prize (YIP) to encourage the local development and delivery of innovative products and services.

This year’s competition seeks innovative business ideas that address one or more of the United Nations 17 Sustainable Development Goals (SDGs or Global Goals). Each of these 17 SDGs are a call to action aimed at improving our global future. YIP solutions can provide benefits locally or internationally.

At a Glance

Who can apply

  • Any Yukon-based resident, organization, or business is eligible to submit an application 

Prizes

  • A total of $40,000 will be awarded to seven eligible submissions: six micro grants of $5,000 each and one grand prize of $10,000.
  • All seven winners will also receive targeted wrap-around services from a business support team.

Timing

  • Submissions close 23:59 PST on February 28th, 2020.
  • Info sessions will be held on February 11th, 12th, and 13th, 2020. 
  • See “Schedule” below for more details.

Process

  • TO APPLY: Download the short application form from the right side of this page and complete it on a computer using Adobe Reader or any other free PDF software. Submit completed application(s) by email to innovation@yukonu.ca
  • FOR HELP: Join us at one of the three information sessions – in Whitehorse on Feb 11 or 12 or online on Feb 13.
  • SELECTING WINNERS: Applications will be reviewed by a panel of independent judges. The judges will choose seven winners based on the criteria outlined below. The winners will be contacted individually and the prizes will be announced publicly at the end of March.
Schedule

I&E will host three information sessions: Two in Whitehorse and one online. These sessions will include a presentation on the theme, a Q&A about the contest, and chance to exchange with business advisors on your idea. They are open to anyone who would like additional information on the contest and submission process.

Whitehorse information sessions will be hosted at the NorthLight Innovation Hub (2180 2nd Ave.; Yukon College entrance on 2nd Ave.) on Tuesday, February 11 from 12:00 - 1:00 PM and  Wednesday, February 12 between 5:00 - 6:00 PM.

If you cannot attend in person, please join us online or by phone on Thursday, February 13 between 12:00 -1:00 PM; join the web meeting at https://yukoncollege.zoom.us/j/518177007 or by phone +16475580588, 518177007#).

  • 2020-02-05: Submissions open at 9 AM 
  • 2020-02-11: Info session & Meet the Experts at NorthLight Innovation - 12 PM
  • 2020-02-12: Info session & Meet the Experts at NorthLight Innovation - 5 PM
  • 2020-02-13:  Info Session & Meet the Experts online via Zoom @-12 PM
  • 2020-02-28:  Submissions close at 11:59 PST
  • 2020-03-02:  I&E Team screens applications for eligibility
  • 2020-03-09 to 20:  Judges review applications and select winners
  • 2020-03-30:  Prize winners announced and reception to follow
Eligibility
  • The contest is open to individuals, organizations, and businesses.
  • Individual applicants must be residents of Yukon.
  • Organizations and businesses must have a valid Yukon business license and a permanent business office in Yukon.
  • Any applicant (individual, organization, or business) can submit more than one entry, but each applicant will be eligible for only one prize.
  • Applicants who are part of an entry (e.g. with another individual, organization, or business) may not submit an entry separately. Put another way for clarity, an individual, organization, or business can only submit entries under a single name or group.
Submission Process
  • Entries received between 09:00 PST on February 5th, 2020 and 23:59 PST on February 28th, 2020 will be eligible for consideration
  • Entries are to be submitted via email to innovation@yukonu.ca
  • Applicants should answer all questions in the application form as completely as possible
  • Download the YIP application form here which has been put together for you to use your submission.
    • **PLEASE NOTE** if you are uploading a larger file, please either 'zip' the file or print to PDF in order to reduce its size.
Criteria

Please see the 2020 Yukon Innovation Prize Rules for full criteria details

The Judging Panel will review each submission to determine:

  • How innovative (new or different) the idea is
  • How well the project addresses one or more of the UN SDGs
  • How strong the business potential is (i.e. how much market need and commercial viability there is)
  • The extent to which relevant mentors and advisors could help to advance the project

Consideration will also be given to selecting winners that represent Yukon’s diversity.

Past Yukon Innovation Prize Winners

For over five years, the Yukon Innovation Prize (YIP) has served to unleash innovation all over the territory in areas of Social Enterprise, Clean Tech, Health & Wellness, Food Security and ideas that hold Environmental and Economic benefits. These prizes have opened the doors to launching businesses such as Aurum Skin Care and the not-for-profit activities of Fur Real. I&E has met, connected, funded, and directed countless innovators as a result of the ideas that were awakened via this initiative.

Read more about our past Yukon Innovation Prize Winners here.