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Prize for Competition

Rather than being awarded a "cash prize," the top three entrants are competing for a 3 year interest-free loan with no payments in the first year. 

  • $100 000 in a repayable loan with no interest for three years
  • No payment in the first year, repayment term and amortization to be negotiated
  • Interest rate is prime plus 2%
  • Interest for 36 months will be paid by Community Futures Peterborough


Access of up to $1 000 000 (amount correct?) as a repayable loan(s) or equity position through our partnerships.


NEW: Top 8 semifinalists for ignite100 will have first access to the funds available through our Innovation Contribution Program.


NOTE: Community Futures Peterborough is required to charge a minimum rate of prime +2%, and will, therefore, buy down the interest to 0% for the first 36 months.

Cambium Inc!!!

First prize goes to Cambium Inc. with an innovative approach to moving dirt. 

Excellent presentation by Chris Beetham!


They received a $100,000 interest-free loan (interest paid by Community Futures Peterborough) and one year no payments. 


Also a recipient of RIIEO non-repayable contribution of $50,000 over 2 years.

Other Finalists of 2019

Cottage Toys

Goodwin Metals

Goodwin Metals

Community Futures Peterborough is supporting their business expansion with a loan at a reduced rate. 

They are also a recipient of RIIEO non-repayable contribution of $25,000. 

Goodwin Metals

Goodwin Metals

Goodwin Metals

Community Futures Peterborough is supporting their business expansion with a loan at a reduced rate. 

They are also a recipient of RIIEO non-repayable contribution of $25,000. 

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  • The Challenge
  • Judging
  • The Prize
  • Application
  • Media

http://communityfuturespeterborough.ca