Provided by  Business Link

In the ever-evolving landscape of technology, artificial intelligence (AI) has emerged as a leader in innovation, particularly in how businesses interact and execute marketing strategies. AI platforms, like ChatGPT, are revolutionizing how we approach problem-solving, brainstorming, and creating. However, much like the role of an intern in a company, AI requires guidance, oversight, and a clear direction to be truly effective.

Understanding the Core of Artificial Intelligence

At its core, AI is about processing incredible amounts of data—from text and images to large databases—and identifying patterns in the data. What truly has allowed modern AI tools to take over the market is natural language processing tools like ChatGPT. These platforms allow users to interact with AI in conversational language, making advanced data processing available and accessible to everyone.

Viewing ChatGPT as a Digital Intern

Let’s look at an analogy and explain how you should use your AI tools. Like an intern, AI enters the business landscape with a “can-do” attitude — eager, capable, and ready to handle the assigned tasks. However, like an intern, AI requires careful supervision and clear instructions to give you the best possible outcome and avoid inefficient back and forth with your tools.

In practice, this means that while AI can perform tasks and generate outputs based on the data it has access to, the quality and relevance of its work depend on your instructions and prompting. Using AI effectively is less about getting perfect material every time and more about taking what your tools give you as a starting point to finesse.

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In Canada, you have the right to request a free credit score and report from the country’s two primary credit bureaus: Equifax and TransUnion. The best part? Checking your credit won’t harm your credit standing.  Read More

Why Does Your Credit Score Matter? 

1. Lower Interest Rates: A good credit score translates to lower interest rates on loans—whether it’s a mortgage, personal loan or credit card. Lenders reserve their best rates for applicants with high credit scores, ultimately reducing borrowing costs. 
2. Loan Approval Odds: With an improved credit score, your chances of loan approval increase. Whether you’re eyeing a mortgage, car loan or student loan, a strong credit history works in your favour. 
3. Utility Deposits: Utility companies often check credit scores before setting up services. A solid score may allow you to skip hefty security deposits when establishing utility accounts. 
4. Housing Opportunities: Landlords consider credit scores when selecting tenants. A healthy credit score enhances your prospects of securing desirable housing options. 
5. Premium Credit Card Rewards: Excellent credit opens doors to premium rewards credit cards. Enjoy cash back, travel points, and exclusive perks associated with higher-tier cards. 

How Can You Elevate Your Score? 

• Timely Payments: Pay your bills promptly. 
• Credit Utilization: Keep credit card balances low. 
• Diverse Credit Mix: Maintain various credit types (credit cards, loans, etc.). 
• Regular Monitoring: Stay vigilant by reviewing your credit report periodically. 

Submit your Tale of Triumph  by April 30, 2024

With over $500,000 in prizes to be won, the Tales of Triumph Contest could help you write your next chapter. Enter now

• Each category prize includes $10,000 in Canada Post credits, $1,000 cash, production of a video to tell and promote your story and paid media exposure. 
• All category finalists will be awarded Canada Post credits.
• All submissions will have the chance to win Canada Post credits through a random draw. 

• Customer Connection

  Businesses that are building strong relationships with customers. 

  Doing Good

  Businesses that are having a positive impact on the lives of Canadians. 

  Going Green

  These businesses are protecting the environment and prioritizing sustainability.

  Rising Stars

  In operation for less than two years, these businesses are growing fast.

  Staying Power 

  These businesses have been operating, innovating and growing for over two years.  

  Canadians will vote for 1 Canada’s Choice winner from the five category winners, who will receive an additional $10,000 cash and a promotion valued at $50,000.  

"Today, as Canada mourns our 18th Prime Minister, the Rt. Hon. Brian Mulroney, Community Futures Crowsnest Pass, honours his service and legacy, of which we are proud to be a part. Created in 1985 under his government, the 267 Community Futures offices across the country continue to support hundreds of local small businesses in rural and remote areas almost 40 years later. Thank you, Prime Minister Mulroney, for your service to our country."

12 Unconventional Financing Strategies Every Startup Should Know

Have you heard? Applications are open for RAYEC 2024! The deadline to apply is May 15. Remember - it is not first come, first serve - be sure to complete the application.

Application and info: www.rotaryayec.ca

Summer is coming!!

Canada Digital Adoption Program - Grow Your Business Online Grant

Today, small businesses must adapt to the ever-growing online marketplace to stay ahead. With the Grow Your Business Online Grant as part of the Canada Digital Adoption Program, we’ll equip your business with the essential e-commerce capabilities it needs to thrive.

• Receive a micro-grant of up to $2,400 to build your online store and enhance your digital presence and online visibility.
• Collaborate with a dedicated E-Commerce Advisor for personalized guidance, strategy, grant planning, and tech support.

The Canada Digital Adoption Program is a partnership between the Government of Canada, Business Link, and Digital Main Street.

Eligible businesses will receive a micro-grant of up to $2,400 to help with the costs related to adopting e-commerce and supported by a network of e-commerce advisors.

Create your Digital Main Street Account and Apply Now

The Grow Your Business Online grant will help small businesses across Alberta take advantage of e-commerce opportunities.

To Qualify

• You have at least one employee (other than the business owner) or had at least $30,000.00 in annual revenue.
• You are a for-profit and consumer-facing business.
• Your business is registered or incorporated. 

Disqualifications

• Your business is a not-for-profit, non-consumer-facing, corporate chain, multi-level marketing business, franchise or real estate agent.
• Your business is not registered or incorporated.
• You have no employees or have less than $30,000.00 in annual revenue. 

Auditions Start in February. To Register

CBC's DRAGONS' DEN auditions are open, inviting Canadian entrepreneurs to pitch their innovative ideas to top business moguls for potential investment. Showcase your small business on national television and seize this opportunity.

Auditions for season 19 will kick off in February 2024. We will host virtual and in-person auditions in a few select major cities.  Auditions in CALGARY are planned for mid-March, 10 am - 5 pm.
LOCATION TBD  For more information, check out this page for up-to-date location details. All applicants must apply through this online system, regardless of whether they are attending an in-person audition or a virtual audition.

We will start contacting select applicants in February 2024 to schedule an audition. Those invited to film for the show must be available for 1-2 days in Toronto in May 2024.

The application deadline is April 6th, 2024.

We can’t wait to see the incredible innovation and great ideas our Canadian entrepreneurs have to present! Here are some tips for a successful audition.

If you have any questions, please email This email address is being protected from spambots. You need JavaScript enabled to view it.

*APPLICANTS MUST BE BASED IN CANADA TO BE CONSIDERED FOR THE SHOW, AND FOUNDERS SHOULD BE RESIDENTS OF CANADA OR CURRENTLY RESIDING IN CANADA.