How PeerSpark™ helps you and your business
Access to a variety of perspectives: Peers offer a fresh viewpoint and objective feedback.
Increased confidence: Having a strong network will boost your confidence as you lead your business and make major decisions.
Encouragement and support: You will feel a sense of relief knowing you are not alone, and you will be able to openly share your business challenges.
Intensive skills development: Access to experts will increase your knowledge of strategic planning, financial planning, operations, and human resources among other topics.
Significant business growth: Participants from the pilot project averaged 31% annual growth in revenue and 30% growth in job creation.
What we do
PeerSpark™ is a program that unites successful female entrepreneurs in their efforts to build confidence, improve their business acumen, and accelerate business success.
How PeerSpark™ is unique
Our members develop their skills in an interactive setting, share experiences, build lasting relationships, and learn from experts. Our community works collectively to help each participant overcome critical business challenges. It all amounts to increased confidence and expertise as you grow your business.
You will benefit by:
Supporting your entrepreneurial spirit. Female entrepreneurs support, encourage, and mentor each other as they expand their knowledge and take the next step in growing their businesses.
Enhancing your skills. Our participants learn from the best. At each meeting, experts mentor and guide you through topics such as leadership, strategic planning, and market positioning while helping you apply what you’ve learned to improve your own business.
Gaining strength in numbers. We know entrepreneurs face the same obstacles day in and day out. You will learn and grow with peers while confidently developing strategies to make the major decisions needed to grow your business.
Forging lasting relationships. Entrepreneurs develop a long-lasting network of business owners who care about each other’s success.
Is PeerSpark™ for you?
In order to be considered for the program, you must:
- Have a desire to grow your business and increase profitability,
- Sell to other businesses (B2B),
- Have a minimum of two employees (including yourself),
- Have a minimum of $250,000 in annual sales,
- Have been in business for more than two years,
- Be willing to learn from and share with others, and
- Commit to the program dates.
Peer mentorship 101
Peer mentorship is a way for entrepreneurs to discuss their goals and challenges and to learn from each other. Unlike a traditional relationship between an experienced mentor and a junior mentee, peer mentorship takes place between people who have similar levels of expertise and similar concerns.
PeerSpark™ includes structured peer mentoring that provides you with regular supportive contact with others who care about you and your success. Discussing plans and tough decisions with the group gives you a fresh perspective and helps identify potential flaws in your strategy early on. The group setting also creates and strengthens networks and partnerships within the community.
The total cost is $5000 + GST. Travel costs are at the expense of the participant.
This cost covers:
- Two weekend retreats (including food and lodging)
- Six monthly meetings in your program city (five hours per session)
- Business guidance and advising from experts
PeerSpark™ is a not-for-profit program and the fees are used to cover direct costs including speaker fees, venue and food costs, and program administration costs.
You will get together with a small group of peers to gain information and support on a monthly basis.
Each monthly meeting will feature two components: an educational component, where an expert will guide the group through the topic at hand and help you to evaluate the topic in relation to your own business, and a peer mentorship component, where you will have the opportunity to share experiences and build relationships.
Each month is an opportunity to step away for an afternoon and work on the business instead of in the business. You will set a commitment after the meeting to work on an aspect of your business over the next month.
Where we operate
The program runs across Western Canada
Ready to apply?
- Fill in the application form online.
- The application will be reviewed for eligibility.
- You will be contacted by PeerSpark™ to inform you if you meet the criteria. If you do, we will schedule an interview with you.
- The interviewer will make their recommendation for program entry.
- You will receive a letter notifying you of the status of your application.
- If admitted to the program, you will be required to hold your spot with a deposit of $2500.