Small Business Development Center

University of Wisconsin-Superior

Erlanson 305
Belknap and Catlin
P.O. Box 2000
Superior, WI 54880

ph. 715-394-8351

toll free 800-410-8351

hours:
Monday - Friday
8:00 a.m. - 4:30 p.m.

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Small Business Development Center

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    2013 Business Idea Contest

    When: Apr 1, 2013 to Jun 7, 2013

    The Lake Superior Chapter of the Wisconsin Innovation Network (WIN-LS) will hold the 2013 Lake Superior Business & Technology Conference at WITC in Ashland, WI on Friday, August 9, 2013.

    Because of its success last year, a featured session of the Conference will be a Business Idea Contest. The contestants or their representative will be required to present their business proposal within a two (2) minute time period to a panel of 5 judges, who will rate and critique the proposal presentations. Twelve finalists will be chosen from the applicants of the contest, to be the presenters at the conference.

    There will be three winners chosen, with the accompanying prizes:

    • First Place: $2,500.00 Cash Prize
    • Second Place: $1,500.00 Cash Prize
    • Third Place: $1,000.00 Cash Prize

    2013 Contest Timeline:

    April 1: Business Idea Contest Launch Date

    June 7: Application Due Date

    June 10-14: Committee will Review and Screen Submitted Applications.

    June 17: Applicants will be notified if they made the cut to be in the next level of the event.

    July 8: Phase I- Group Session for top 12 Applicants - applicants will participate in the Wisconsin Innovation Network's "Entrepreneur's Edge Boot Camp", an ideal program of preparation prior to presenting their ideas at the August 9 conference. (AM or PM for this event TBD).

    July 22: (week of) Phase II- Group Session will focus on delivering refined presentations honed at the July 8 "Boot Camp". Contestants will be video-taped, provided further positive encouragement and constructive feedback.

    Contest Parameters:

    • Eligibility will include Wisconsin residents 18 years of age or older, and who have a business concept that employs or leverages technology with the expectation to establish a business presence in either Ashland County, Bayfield County, or Douglas County.
    • All business idea finalists are highly encouraged to attend both sessions during the weeks of July 8 and July 22, noted above under: 2013 Contest Timeline. If any of the finalists will be unable to attend these sessions, we request that a copy of their presentation be submitted to the committee during these weeks for review, so feedback can be provided for said finalists. They are to be submitted to Tim Kane via email or mail (address at the bottom of the Business Idea Contest Application).
    • Entries must be the original idea(s) of entrants.
    • Inventors/Entrepreneurs are encouraged to apply.
    • The business idea contest applicant is responsible for the confidentiality of their intellectual property.
    • The economic development corporations located in the county where the winners plan to locate their business: AADC (Ashland Area Development Corporation), BCEDC (Bayfield County Economic Development Corporation) or TDAI (The Development Association Inc. of Superior & Douglas County), will assist the winner in additional steps along their business start-up journey. Other businesses that have expressed their willingness to assist in providing "in-kind" services to support the winners of the contest will be connected to the winners after the contest as well.
    • Winners will be encouraged to go on to the state level to compete in the Wisconsin Early Stage Symposium Elevator Pitch Olympics, November 5 & 6, 2013 at Monona Terrace in Madison, as well as at the Wisconsin Governor's Business Plan Contest, beginning the first week of November.
    • Once the applications are in, a committee will screen the applications to determine 12 finalists. Prior to the event, the finalists or their representative will have the opportunity to polish their presentation individually in front of the committee, who will coach the applicants to prepare for competition (see 2013 Contest Timeline).

    Please complete and submit the 2013 Business Idea Application

    Event Contact: Small Business Development Center | 715-394-8351 | sbdc{atuws}
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