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HOW WE HELP YOU SUCCEED

The Yukon Business Development Program provides personalized business development assistance to selected companies in a large variety of sectors.

From manufacturing to agriculture and food processing, from the recording industry and publishing to software development and the environmental industry, YBDP has helped Yukon businesses succeed beyond their boundaries and expectations.

We bring to the table an innovative mix of business development strategies, in a process that typically entails:

  1. A detailed and expert assessment by an experienced Business Advisor of your company's objectives, problems and prospects, followed by
  2. A series of Business Advisory Board sessions offering sound advice custom-tailored to your business and its future development, followed by
  3. Continued coaching assistance by the Business Advisor to help your company grow to the next level of business success over the next 18 months

Process FLOW CHART

Download PDF version a flow chart demonstrating the YBDP process.

YBDP Flowchart

 

Business development

"Even the biggest, most successful companies hire the best experts from outside to help develop their business. That’s how they become even bigger and more successful."—Olivier Pellegrin, Synergie Industrie Inc.

A professional consultant can help ensure that their products are designed to satisfy a customer’s need for quality, price and service – and that they will be in demand in the local, national or international marketplace.

The Yukon Business Development Program was founded to offer you that same level of invaluable expertise, helping you to ensure that your products are designed, manufactured and sold to your target market successfully and profitably.

HOW WE OPERATE

  1. Applicant companies are initially screened by the Business Advisor, and the most promising applicants are then interviewed by the Project Steering Committee. This committee consists of representatives from the Whitehorse Chamber of Commerce, YTIC, INAC, NRC, the Government of Yukon Economic Development Department, and the Department of Tourism and Culture.
  2. If the applicant company is selected, the Business Advisor then undertakes a detailed analysis of the company, and arrives at a list of areas in which the company needs specific, expert advice. The Business Advisor then recruits the best available experts in these areas and invites them to join a business advisory board (BAB) specifically tailored to the needs of the client company. These experts may be found in the local business community but are often drawn from across the country, or even from outside Canada depending on the client’s needs.
  3. The client company then undergoes a series of intensive, day-long business advisory board sessions, with the recruited sector experts who enter into direct communication with the client business in a brainstorming exercise. The BAB members provide “best practice” advice and suggestions for business development and growth based on proven successes that they have studied or achieved through their own businesses. Each BAB session ends with the generation of a list of prioritized actions for the client company to carry out to attain its goals.
  4. The client company, with the assistance of the Business Advisor, must then follow through on the items in that list of actions, achieving as many of them as possible. When the time is right, a second business advisory session is organized by the Business Advisor with the same or other specialists depending on the updated needs of the company. This session results in yet another list of recommended actions to further advance the company's development plans.
  5. As many as four such business advisory sessions may be undertaken over the course of one year to eighteen months, after which the company comes to the end of its course of assistance. Some exceptions may apply.
  6. The support of the YBDP is all encompassing and responds directly to the needs of the entrepreneur during a long term (up to 18 months or so). The business advisor helps and does the follow up of the implementation of the recommendations.

FeeS

YBDP Services are free of Charge.

We provides the support and the organization of the Business Advisory Board sessions, as well as the Business Advisor’s services for no fee.

 

Notes:

  • Companies are expected to demonstrate their ability and willingness to pay for material or labour costs required to implement its development plan.

 

  • The Yukon Business Development Program does not provide any direct funding assistance to the selected companies.