FINAL CHANCE TO REGISTER FOR INNOVATE ND

Posted by Strom Center - November 4, 2010 - Uncategorized - No Comments

    Registration for the 5th Annual Innovate ND competition wraps up on Nov. 12. Innovate ND is a statewide initiative designed to help entrepreneurs turn innovative concepts into viable new North Dakota business ventures. For a $250 registration, participants get access to a proven venture-building process and a chance to win one of five $15,000 prizes.

    Registration is available online at www.InnovateND.com. The program includes online entrepreneur education, business planning tools and coaching and mentoring from successful entrepreneurs and proven business owners.

    The top 20 entries will get the chance to pitch their business idea to a panel of potential investors. Up to five $15,000 cash prizes will be awarded as well as a wide variety of business services and potential seed capital investments to launch their businesses.

    Nearly 700 participants and 350 teams have enrolled in the competition since 2006. Last year, 107 ideas were submitted and over 200 people participated in the program.

    The program is organized by the North Dakota Department of Commerce, the UND Center for Innovation and the NDSU Research and Technology Park.

    Forum Communications is the lead sponsor. Cavendish Farms of Jamestown is also a premier sponsor. Partner programs include Marketplace of Ideas, DSU Strom Center for Entrepreneurship and Innovation, Southern Valley Innovation Center in Wahpeton, IDEA Center in Bismarck, Bismarck State College Office of Innovation, Minot State University and Severson Entrepreneurship Academy.

    Other sponsors include Great River Energy, State Bank & Trust, Bremer Bank, North Dakota Association of Rural Electric Cooperatives, Montana Dakota Utilities, Weather Modification, Solarbee, Agency MABU, the Kilbourne Group, First Western Bank and Trust, ND Society of Certified Public Accountants, Bismarck-Mandan Development Association, Dakota Growers Pasta Company and Jamestown/Stutsman Development Corporation.