“Businesses begin with terrific concepts, and we want to be aspect of endeavours to deliver assets, nurture and expand these thoughts so that our group will prosper,” mentioned Megan Smit, Rowan-Cabarrus Small Company Heart director.
The “53 Thoughts Pitch Competition” is an open up connect with for company thoughts from inhabitants across the region. People will have 53 seconds to pitch their concept in the sort of a video clip submission that can be uploaded to 53ideas.com. For open up, inclusive accessibility, if someone has an concept but does not have the know-how to submit an entry, he or she can visit a community little business centre to access a computer to enter the levels of competition.
Judges will evaluate the submissions and pick out the top rated 53 pitches. Best entrants will acquire a $50 award, as perfectly as the chance to progress in the level of competition. Coaching and coaching on pitching, funding, forecasting, and typical small business will be accessible to every single participant, even if they do not make the major 53. These no cost resources will be available by Small Company Facilities at neighborhood schools during the southwest region, which include Central Piedmont, Cleveland, Gaston, Mitchell, Rowan-Cabarrus, South Piedmont and Stanly.
Immediately after the teaching period, the leading 53 entrants will take part in a closed digital pitch celebration, wherever the judges will slender the area down to 10. The prime 10 will receive $250 each and every and go on to compete on a virtual phase for the prime awards: very first spot gets $10,000, second location earns $5,000, and third location gets $2,500 in seed funding to support change their thoughts into a feasible enterprise.