Innovate ND 2012

Description

Enrollment/executive summary deadline

Website

http://www.commerce.nd.gov/innovate/innovatend/

Competition Organizer

North Dakota Department of Commerce

Submission Date

11-14-2011

Business Plan Submission Date

4-23-2012

Awards Date

5-22-2012

Total Prize Cash (US Dollars)

$75,000

Competition Category
  • Business - Local U.S.
Who's Eligible

Open to all North Dakotans and those with desire to locate their business in North Dakota.

Important Dates

The enrollment period for this competition will close on November 14, 2011, at which time executive summaries must be submitted. At the conclusion of several workshops, advancing teams must submit their final business plan and financial by April 23, 2012. The top 20 teams will be announced on April 30, 2012, and will present their plans in the final competition on May 21-22, 2012. An awards ceremony will take place on May 22. 

Competition Prizes

A $15,000 prize will be awarded to each of the five best ideas for new or existing business ventures. In addition, winners will be awarded in each of the following competition categories: 

  • Value-Added Ag & Advanced Manufacturing 
  • Energy & Technology-based
  • Retail-based
  • Women/Minorities/Rural Entrepreneurs
  • Youth Entrepreneurs (ages 14-24)
Other Info

There is an application fee of $250 to gain entry to the competition, which also provides access to a number of other business-building tools.