|
|
|
|
|
July 9, 2008
IDEA Competition Launches Website
BEMIDJI, MN July 3, 2008 Do you have a breakthrough idea? Does it have the potential to be a profitable venture? If you can answer "yes" to those two questions, you are invited to enter the IDEA Competition. Just this week, IDEA partners launched their website which has full details on the competition: www.ideacompetition.org.
- The website lists many benefits for participants in the competition:
- Access to valuable business development tools and resources
- The opportunity to refine your investor pitch
- Attention in the media
- A chance to pitch your idea to qualified potential investors and leaders in the business community
- The chance to win substantial funding for launching your innovative idea, including individual funding awards of up to $10,000 each for up to five winners.
IDEA (which stands for Ingenuity Drives Entrepreneur Acceleration) is a project of Ingenuity Frontier, a collaboration of partners joined by a common purpose – to grow the economy of Northwest Minnesota by outfitting the next generation of homegrown innovators for success in the global marketplace.
IDEA believes in the ingenuity of the people who call Northwest Minnesota home. In fact, the region is home to several world-class manufacturers, including Arctic Cat, Central Boiler, Digi-Key, Marvin Windows and Doors, Polaris and TEAM Industries. Without exception, each of these companies was launched by an innovator who had a dream and was able to access the resources to make that dream a reality.
Although IDEA can be described as a competition, it is a lot more. IDEA is about assisting the most promising local entrepreneurs in the commercialization of innovative products, processes and deliveries by connecting them to the best resources available, along with access to the capital it takes to launch a successful venture.
There are a lot of good ideas out there, but only a handful of business people who are able to take a breakthrough idea and turn it into a profitable business. Whether you've never started a company or you're already in business and generating revenue, if you've got a breakthrough idea, consider logging on to www.ideacompetition.org today to learn more about the exciting opportunities offered through the IDEA competition.
IDEA partners include Ingenuity Frontier, Bemidji State University, Center for Research and Innovation/Custom College, Headwaters Regional Development Commission, Minnesota Department of Employment and Economic Development, Northland Community and Technical College, Northwest Minnesota Foundation, Northwest Regional Small Business Development Center and University of Minnesota, Crookston. IDEA was made possible through a generous grant from the Blandin Foundation.
Northwest Minnesota Foundation > July 9, 2008
|
|
|
|
|
