November 15, 2010
It’s Global Entrepreneurship Week and as part of the festivities, Kauffman has teamed up with Enterprise UK to recognize the top fifty startups via the Startup Open Competition, awarding one winner a trip to Richard Branson’s private oasis, Necker Island, to network with experienced entrepreneurs. Two other winners will receive a two–day, trip to Kauffman Labs in Kansas City for a customized experience aimed at helping them get to the next level with their business. Comparing the two trips hardly seems fair, until you realize the first prize is only a one day adventure.
There are just a couple days left to apply (deadline is Nov 17th). By registering for the contest, you also register to have your company listed on the iStart.org site, “the leading online community for business plan competitions” created by the Kauffman Foundation. Never heard of it? Here’s the background info:
iStart began as studentbusiness.com – the big idea of three Harvard University students, who have since graduated and gone on to launch even bigger ideas. In 2009, the Ewing Marion Kauffman Foundation bought the site and renamed it iStart. We added more functionality and the public side to increase transparency. Our goal is for iStart to become the go-to site for entering business plan competitions from around the world…
Winners will be selected based on their answers to the questions on the application form. In addition to asking for a general description of your site, they also want to know if you are funded, what your “startup moment” was, why you will succeed, growth projections, revenue estimates and more. Some of the more general data will be shown publicly in the iStart company profiles. As for judging, they state that the judges will be looking at the concept, growth projections, and knowledge in the market. All questions on the application are weighed evenly.
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