The business world is competitive. And startups have an even bigger challenge building the momentum for an idea during those critical first years. The Innovation Challenge is a pitch competition for Hudson Valley entrepreneurs and startups seeking to establish their business. In its second year, the Innovation Challenge- a pitch competition for Hudson Valley startups and entrepreneurs- offers an opportunity to build your business blueprint for success. Contestants gain exposure, practical insights about starting and growing a business, access to Think Dutchess’ network of business services and investors, and of course, prizes!
Winning comes with a lot of perks, but even if you don’t win, you won’t leave empty-handed. Here are some benefits to entering the Innovation Challenge.
Sometimes the hardest part of breaking in a new business is just getting the word out. The Innovation Challenge is a great way to tell others about your business, gain exposure, and find new customers. Your business will benefit from additional marketing through Think Dutchess’ public relations and marketing efforts as well your opportunity to attend the Business Excellence Awards in 2019.
Every business can benefit from the support and instruction of the leaders before them. The Innovation Challenge is the perfect way to tell everyone about your business. You’ll also find tried-and-true advice and get a new perspective on your business that could lead to your breakthrough moment.
Leading up to the pitch competition you’ll connect with knowledgeable advisors, coaches, industry mentors and potential investors. They will provide valuable insights on how to grow and scale your business; refine your idea and value proposition; set and achieve your goals.
Having a strong network is one of the keys to startup success and the Innovation Challenge gives you the perfect platform to develop that network. From mentors to potential investors and clients— a supportive local network often bridges the gap between the hustle and success. Think Dutchess can introduce you to the people that will benefit your business at every stage.
We didn’t forget about those! Last year’s inaugural event provided winners with a prize package of cash and services valued at nearly $9,000. With the great success of our first event and increasing interest from the business community, the prize package is growing fast!
Runners-up didn’t walk away empty handed either. With access to venture capital, mentors, headline exposure to business communities and numerous PR opportunities, everyone is a winner!
Ready to apply?! Click the button below to complete your business plan summary.