Maine Venture Fund launches business-plan contest – Mainebiz

Please do not leave this page until complete. This can take a few moments.
Due to our new system upgrade, we are requesting all existing users to update their password.
Create a new password
Forgot your password ?
Who says business-pitch competitions are only for grown-ups? Maine Venture Fund is launching the first annual Maine Startup Challenge this fall to encourage entrepreneurial thinking for innovators of all ages.
The competition will be held across four tiers: kindergarten through eighth grade; high school; collegiate; and open, for all adults.
Business plans submitted will be judged by a panel of Maine investors and entrepreneurs, with top prizes awarded in each category to help entrepreneurs take their ideas to the next level.
The open-category winner will also have the opportunity to pitch the idea to the Maine Venture Fund board for additional investment, and to the public at an event in late October.
“We’re very excited about the potential for this competition to spark creative entrepreneurial thinking in Maine, and we hope that some of these ideas will eventually translate to real business ventures and create wider impact in the state,” Joe Powers, managing director of the Maine Venture Fund, told Mainebiz.
Asked what will set Maine Startup Challenge apart from traditional pitch contests, he cited two factors.
First, winners will be chosen based on their written submissions ahead of the culminating event in October, so stage skills are not a requirement.
“Second, there are four age tiers, which allows us to include kids as early as kindergarten, which is a longer-term investment in the ideas and aspirations of the next generation,” he said.
Nina Scheepers, investment manager at the Maine Venture Fund, said that organizers are encouraging those with even the earliest-stage ideas to apply.
She said that while it’s hard to predict how many applications will come in, the hope is to attract submissions in every tier.
“Entrepreneurs do not have to have incorporated the business or spent lots of time on the idea yet,” she added.
Contest organizers will start accepting applications on Sept. 1, and first-time business planners can find templates and educational materials on the contest website. Lesson plans will also be available for educators who want to incorporate the contest into the class curriculum.
Applications are due by Sept. 30, and a showcase event is scheduled for Wednesday, Oct. 26, at Northeastern University’s Roux institute in Portland. The current plan is to hold the event in person, unless that changes due to pandemic restrictions.
 
Applications will close on Friday, Sept. 30. Find out more about the contest here.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers specifically target Maine’s emerging workforce. A free guide to job and career opportunities in Maine’s essential industries.
The way we do business can change in a moment. This Mainebiz podcast series features conversations with Maine business owners who found their life, their business, or their world suddenly upended in one day. 
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers specifically target Maine’s emerging workforce. A free guide to job and career opportunities in Maine’s essential industries.
The way we do business can change in a moment. This Mainebiz podcast series features conversations with Maine business owners who found their life, their business, or their world suddenly upended in one day. 
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy

source

brucemeyernet

Learn More →

One thought on “Maine Venture Fund launches business-plan contest – Mainebiz

  1. GregoryShats December 21, 2022 at 10:13 am

    http://tuchkas.ru/

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *