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Saturday, December 2, 2017

This Startup Competition Opens in Spring - Cash Grants Up to $50K Will Be Awarded

This Startup Competition Opens in Spring - Cash Grants Up to $50K Will Be Awarded
Mark your calendar; applications will open Spring 2018 for the 1st50K Startup Competition. Cash grants up to $50,000 will be awarded to entrepreneurs to establish or locate their businesses in Cape Girardeau, Missouri.

Who should apply

Entrepreneurs with innovative technologies, products, or services that will have regional, national or international impact should apply. The competition is open to both entrepreneurs who are already located in Cape Girardeau OR those who are willing to relocate. Up to 10 awards will be given to selected entrepreneurs.

How to apply

The competition includes four rounds over the span of two months. The first round requires an online application, management team biographies, and an executive summary of the business model. The second round is a phone interview. The third round includes a qualitative and quantitative analysis of the business. The final round leads to pitching live in Cape Girardeau, Missouri at a finalist pitch day.

What winners receive

Winners receive a $50,000 grant, access to venture capital and angel investment networks, professional and high level business mentorship, personal introductions to strategic business leaders, social support and community integration services, and will be a part of a community of innovative entrepreneurs.

Read more details about how to be eligible and where to apply by visiting www.1st50k.org/
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