“Businesses start with good tips, and we want to be aspect of efforts to present sources, nurture and grow people ideas so that our local community will prosper,” claimed Megan Smit, Rowan-Cabarrus Small Enterprise Centre director.
The “53 Suggestions Pitch Competition” is an open up contact for enterprise suggestions from inhabitants across the area. Folks will have 53 seconds to pitch their plan in the form of a video clip submission that can be uploaded to 53strategies.com. For open up, inclusive access, if a person has an thought but does not have the engineering to submit an entry, he or she can pay a visit to a area compact business enterprise center to accessibility a computer system to enter the competitors.
Judges will assessment the submissions and select the leading 53 pitches. Best entrants will receive a $50 award, as properly as the option to advance in the competition. Schooling and coaching on pitching, funding, forecasting, and general small business will be out there to every single participant, even if they do not make the top rated 53. These free of charge assets will be offered by Small Organization Facilities at local community schools through the southwest region, together with Central Piedmont, Cleveland, Gaston, Mitchell, Rowan-Cabarrus, South Piedmont and Stanly.
Right after the teaching period, the best 53 entrants will participate in a shut virtual pitch occasion, in which the judges will narrow the industry down to 10. The best 10 will get $250 each and go on to compete on a virtual phase for the best awards: first area receives $10,000, second put earns $5,000, and third spot gets $2,500 in seed funding to assist switch their concepts into a viable business.