STARTUP CHALLENGE Welcome to the 2020 MONTEREY BAY...Workshops to help you develop your business...
Transcript of STARTUP CHALLENGE Welcome to the 2020 MONTEREY BAY...Workshops to help you develop your business...
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STARTUP CHALLENGE
MONTEREY BAYINTRODUCTION & ORIENTATION
Welcome to the 2020
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Startup Challenge Major Sponsors
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Eleven Years of Startup Challenge
700+Companies
Participated$400,000
Prizes Awarded
$30 MillionFunding Raised
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Tablet Command
Open Ground Studios
Unlocking Great Ideas!
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Our Goals
▶ Get you engaged with developing your ideas;▶ Provide support to get your plans developed;▶ Provide feedback to help you along your path.▶ Provide exposure to investors;▶ Add exciting companies in our area.
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What Do You Get
▶ Workshops to help you develop your business pitch.
▶ Pitch your idea to a panel of business experts
▶ Feedback on your pitch
▶ Learn more about starting a company and analyzing your business
▶ Finalists receive mentoring and additional workshops
▶ Compete for prizes and great exposure to the local community for business development and funding.
▶ Fast track to other programs
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Startup Challenge Program
Qualifying Round to select finalists
Final Round to select winners
Venture Showcase to display your business
Pitch workshops to develop and practice your
pitches - and your business
All finalists are assigned a mentor
to help them develop their final
pitch
Events Workshops Mentors
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Startup Challenge Key Dates
Online Applications Close
Qualifying Round Pitches
Final Round
Venture Showcase
Otter Tank
March 9 April 4 May 8
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The Divisions
Open to businesses
intended to scale and provide
venture-investor level returns
Open to small businesses
Open to students from middle school through graduate
school
Venture Main Street Student
Open to for-profit and not-for-profit businesses with a
social mission
Social Venture
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The Prizes
Winner: $20,000 Cash
Plus Professional Services
Runners-Up (2):$5,000 cash each
Winner: $10,000 Cash
Plus Professional Services
Runners-Up (2):$2,500 cash each
Winner: $1,500 Cash
Venture Main Street Student
Winner: $10,000 Cash
Plus Professional Services
Runners-Up (2):$2,500 cash each
Social Venture
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Sign up at www.startupmontereybay.com
Prepare Your Application Online
Submit Application by March 9th
Entering the Qualifying Round
Attend “Creating A Winning Pitch”
Workshop
Pitch at the Qualifying Round on
April 4th
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Get Selected as a Finalist
Get A Mentor
Attend Finalist Workshop
Submit Business Summary by
April 29th
Pitch and Demo at the Final Event
The Road to the Winner’s Circle
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Final Round/Venture Showcase/ Otter Tank on Friday May 8th ▶ Final Round Pitches on Friday morning
▶ Select Otter Tank participants for Venture and Main Street divisions
▶ Venture Showcase for all finalists, Friday afternoon
▶ Otter Tank competition Friday afternoon▶ Select winners for Venture, Social Venture and Main Street
divisions
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• May 8th at 2pm at Monterey Conference Center
• All finalists get an exhibit table
• Public is invited• Exposure to perspective
customers, investors and business services
• Community members invest in their favorite finalists with Otter Dollars
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• May 8th at 3pm at Monterey Conference Center
• The top 3 finalists in Venture, Social Venture & Main Street will compete in the Otter Tank
• Public is invited
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Eligibility
▶ Startups and emerging businesses may apply
▶ Business must be located in Monterey, San Benito, or Santa Cruz county
▶ The business idea must be your original work
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Past Venture Winners
2010
2012
2013
2011
Tablet Command
2014
2015
2016
2017
2018
2019
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Past Main Street Winners
2014
Open Ground Studios2013
2015
20162012
2017
2018
2019
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Last Year’s Inaugural Social Venture Winner
put last year’s winner here
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Important Dates
▶ Register now at StartupMontereyBay.com.
▶ Final Entries due midnight Monday, March 9th. Submit your entry on the Challenge website
▶ Qualifying Round Pitches Saturday, April 4th.
▶ Final Event/Venture Showcase Friday, May 8th.
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How To Register for Startup Challenge▶ Go to www.startupmontereybay.com
▶ Navigate to the Startup Challenge “Compete” page under “Events”
▶ Click on “Apply Now”
▶ Fill in the information
▶ Then either save and log out, or continue to building your application
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Contact Us
The Institute for Innovation and Economic Development,CSU Monterey BayBrad Barbeau, Executive DirectorDan Ripke, Economic Development DirectorMary Jo Zenk, Program [email protected]
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