Business startup competition to award $300K to 100 entrepreneurs

GRAND RAPIDS, MI — Get started Yard, an business that supports entrepreneurship in West Michigan, has opened registration for a competitiveness wherever startup businesses can contend for $300,000 in prizes.

The occasion, recognised as The 100, offers an option for companies to post a 100 next movie detailing their concept. Start out Garden will then, by July, pick 100 finalists who acquire $1,000 just about every to refine their thoughts and, in September, existing their strategy to Begin Back garden. Ten winners will then be chosen to acquire $20,000 for their companies.

“When we intended the Start out Garden 100, our objective was to make it a legitimate opportunity for any person from any community in Michigan,” Paul Moore, co-director at Start Backyard garden, said in a news launch. “Not to mention, it is pretty much the best $1,000 an entrepreneur can get to engage in with an strategy.”

Here’s how the party performs:

  • Folks can make a 100 second video clip explaining their idea
  • Videos are submitted to 100.startgarden.com
  • Films are approved from Might 3 as a result of Jul 11, 2022
  • Bare minimum age to take part is 14
  • Online video submissions are not shared with the public
  • Participants can add as a lot of concepts as they desire
  • In July, 100 finalists will be chosen to receive $1,000 each and every, no strings connected
  • Finalists have 2 months to refine their strategies with neighborhood support
  • 100 finalists present at the 2022 Demo Working day competitors on Wednesday, September 21, 2022
  • At Demo Day, 10 winners receive an additional $20,000 to assistance their business enterprise take off
  • In addition, a $5,000 award goes to a higher university pupil or workforce competing in the high school class

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