Business8 Accelerator Application

To help us determine your business’s readiness for acceptance into our Business8 Accelerator we have developed a comprehensive Business8 Growth Readiness Assessment.


The goal of the assessment and follow-up call is to answer the following questions:

Is Your Business Eligible for GHOOD’s Business8 Accelerator?

The reason we offer high quality, low cost wraparound support to businesses is because we believe the best way to address our province’s current economic challenge is to build a strong and interdependent neighbourhood economy. Only businesses that actively care about the community they serve will be accepted into the accelerator.

Is Business8 the Right Support for You at this Stage of Your Business?

Based on your readiness for growth, we may or may not be the right fit for your business. The initial phone call is our chance to determine if we believe we have what it takes to help you strengthen and grow your business.

More importantly, it is your chance to get a feel for whether or not you think we would be a fit your team.

We believe all 8 areas of your business offer an equally powerful and valuable opportunity to grow your business. Our initial readiness assessment is structured and thorough, but our support is flexible, adaptive and flows at your pace. Upon acceptance into the accelerator by our mutual agreement, we will work with you to design a personalized support plan. This gives you complete control of the quantity and type of support you receive. The cost of our support is $88.00/hour and we bill by the minute.


To apply now for GHOOD’s Business8 Accelerator, please complete the following growth readiness assessment. It takes about 5 – 10 minutes.

  1. Quickly rate each of the 33-points in the assessment below. We use a 3-point rating system. TRUST YOUR GUT.
  2. Hit the Submit Button.
  3. Upon receipt, a Business8 Consultant will email you to schedule a 30-minute phone call for some follow up questions.
  4. Prepare a list of questions you may have.

If you have any questions, please feel free to get in touch.

Business8 Readiness Assessment Tool:

Answer quickly. TRUST YOUR GUT.

Insufficient = 0 points

Sufficient = 1 point

Good = 2 points

Great = 3 points

Other = Not Required or Unknown



THIS USE AGREEMENT (the “Agreement”) is dated this ________ day of ________________, ________.


(the “Client”)


MoneysLove Ventures Inc.

(the “Consultant”)


  1. The Client is of the opinion that the Consultant has the necessary qualifications, experience and abilities to provide consulting services to the Client.
  2. The Consultant is agreeable to providing such consulting services to the Client on the terms and conditions set out in this Agreement.

IN CONSIDERATION OF the matters described above and of the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the Client and the Consultant (individually the “Party” and collectively the “Parties” to this Agreement) agree as follows:

Services Provided

  1. The Client hereby agrees to engage the Consultant to provide the Client with the following consulting services (the “Services”):
  2. Business8 Growth Readiness Assessment.
  3. The Services will also include any other consulting tasks which the Parties may agree on. The Consultant hereby agrees to provide such Services to the Client.

Term of Agreement

  1. The term of this Agreement (the “Term”) will begin on the date of this Agreement and will remain in full force and effect until the completion of the Services, subject to earlier termination as provided in this Agreement. The Term may be extended with the written consent of the Parties.


  1. The Parties agree to do everything necessary to ensure that the terms of this Agreement take effect.


  1. Except as otherwise provided in this Agreement, all monetary amounts referred to in this Agreement are in CAD (Canadian Dollars).


  1. The Consultant will charge the Client a maximum rate of $88.00/hour +GST for the Services (the “Compensation”) or a maximum total project fee +GST as agreed upon by the Client and the Consultant in a Contract Addendum.
  2. The Services will commence upon receipt of a deposit as agreed upon by the Client and Consultant.
  3. Invoices submitted by the Consultant to the Client are due upon receipt.
  4. The Consultant’s hours will be tracked and billed by the minute unless otherwise agreed upon by the Client and the Consultant.

Reimbursement of Expenses

  1. The Consultant will be reimbursed from time to time for reasonable and necessary expenses incurred by the Consultant in connection with providing the Services.
  2. All expenses must be pre-approved by the Client.


  1. Confidential information (the “Confidential Information”) refers to any data or information relating to the business of the Client which would reasonably be considered to be proprietary to the Client including, but not limited to, accounting records, business processes, and client records and that is not generally known in the industry of the Client and where the release of that Confidential Information could reasonably be expected to cause harm to the Client.
  2. The Consultant agrees that they will not disclose, divulge, reveal, report or use, for any purpose, any Confidential Information which the Consultant has obtained, except as authorized by the Client or as required by law. The obligations of confidentiality will apply during the Term and will survive indefinitely upon termination of this Agreement.
  3. All written and oral information and material disclosed or provided by the Client to the Consultant under this Agreement is Confidential Information regardless of whether it was provided before or after the date of this Agreement or how it was provided to the Consultant.

Ownership of Intellectual Property

  1. All intellectual property and related material (the “Intellectual Property”) that is developed or produced under this Agreement, will be the property of the Consultant. The Client is granted a non-exclusive limited-use licence of this Intellectual Property.
  2. Title, copyright, intellectual property rights and distribution rights of the Intellectual Property remain exclusively with the Consultant.

Return of Property

  1. Upon the expiry or termination of this Agreement, the Consultant will return to the Client any property, documentation, records, or Confidential Information which is the property of the Client.

Capacity/Independent Contractor

  1. In providing the Services under this Agreement it is expressly agreed that the Consultant is acting as an independent contractor and not as an employee. The Consultant and the Client acknowledge that this Agreement does not create a partnership or joint venture between them, and is exclusively a contract for service.

Right of Substitution

  1. Except as otherwise provided in this Agreement, the Consultant may, at the Consultant’s absolute discretion, engage a third party sub-contractor to perform some or all of the obligations of the Consultant under this Agreement and the Client will not hire or engage any third parties to assist with the provision of the Services.
  2. In the event that the Consultant hires a sub-contractor:
  3. the Consultant will pay the sub-contractor for its services and the Compensation will remain payable by the Client to the Consultant.
  4. for the purposes of the indemnification clause of this Agreement, the sub-contractor is an agent of the Consultant.


  1. Except as otherwise provided in this Agreement, the Consultant will have full control over working time, methods, and decision making in relation to provision of the Services in accordance with the Agreement. The Consultant will work autonomously and not at the direction of the Client. However, the Consultant will be responsive to the reasonable needs and concerns of the Client.


  1. Except as otherwise provided in this Agreement, the Consultant will provide at the Consultant’s own expense, any and all equipment, software, materials and any other supplies necessary to deliver the Services in accordance with the Agreement.

No Exclusivity

  1. The Parties acknowledge that this Agreement is non-exclusive and that either Party will be free, during and after the Term, to engage or contract with third parties for the provision of services similar to the Services.


  1. All notices, requests, demands or other communications required or permitted by the terms of this Agreement will be given in writing and delivered to the Parties at the following:

  2. MoneysLove Ventures Inc.

or to such other address as either Party may from time to time notify the other.


  1. Except to the extent paid in settlement from any applicable insurance policies, and to the extent permitted by applicable law, each Party agrees to indemnify and hold harmless the other Party, and its respective directors, shareholders, affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from or arise out of any act or omission of the indemnifying party, its respective directors, shareholders, affiliates, officers, agents, employees, and permitted successors and assigns that occurs in connection with this Agreement. This indemnification will survive the termination of this Agreement.

Modification of Agreement

  1. Any amendment or modification of this Agreement or additional obligation assumed by either Party in connection with this Agreement will only be binding if evidenced in writing signed by each Party or an authorized representative of each Party.

Time of the Essence

  1. Time is of the essence in this Agreement. No extension or variation of this Agreement will operate as a waiver of this provision.


  1. The Consultant will not voluntarily, or by operation of law, assign or otherwise transfer its obligations under this Agreement without the prior written consent of the Client.

Entire Agreement

  1. It is agreed that there is no representation, warranty, collateral agreement or condition affecting this Agreement except as expressly provided in this Agreement.


  1. This Agreement will enure to the benefit of and be binding on the Parties and their respective heirs, executors, administrators and permitted successors and assigns.


  1. Headings are inserted for the convenience of the Parties only and are not to be considered when interpreting this Agreement.


  1. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.

Governing Law

  1. This Agreement will be governed by and construed in accordance with the laws of the Province of Alberta.


  1. In the event that any of the provisions of this Agreement are held to be invalid or unenforceable in whole or in part, all other provisions will nevertheless continue to be valid and enforceable with the invalid or unenforceable parts severed from the remainder of this Agreement.


  1. The waiver by either Party of a breach, default, delay or omission of any of the provisions of this Agreement by the other Party will not be construed as a waiver of any subsequent breach of the same or other provisions.

IN WITNESS WHEREOF the Parties have duly affixed their signatures under hand and seal on this ________ day of ________________, ________.




Officer’s Name: __________________________

MoneysLove Ventures Inc.




Officer’s Name: __________________________