There are a number of interesting models, with Kenora, Ont., and Lk Simcoe (Can. championship) having the most promise in regards to entrys, quality of prizes, etc. etc. Those are the two best "Canuck" (I hope you people do not take offence to some of "us" saying that name.)
Logistics are difficult, without a small core of dedicated staff/volunteers. With them, success is possible with a 3 yr. timeframe to become known and to grow, etc. Without it, most flounder into oblivion.
Deflecting pressure off of the primary target species, is paramount to garner respect, with any well respected Fish and Wildlife management, at the present and foreseeable time. This means including additional fishing opportunities, which for a place like BOQ logically means yellow and/or white perch and northern pike.
Most tournaments, derbys worth mentioning now ALWAYS, put something back into the area held for conservation, family's etc. Those that do not, are usually again.....too small, and hold very very little interest to the bulk of rec./avid anglers.
I hope that this is of some assistance in answering your question.
ODG
PS. I am going back to basking in the sun.....lol