Deadline: March 14, 2016 | Apply here
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Date: April 1, 2016
Location: Monterey, California

The Startup Challenge regional new venture competition held in Monterey, California is an opportunity for prospective entrepreneurs, startups and emerging companies to showcase their ideas and business concepts. The Challenge connects regional entrepreneurs to other entrepreneurs, funders, consultants, support programs, regional and local angels and venture capitalists. The Challenge is a tool that strengthens regional startups and emerging businesses by providing entrepreneurs with the best foundation possible. The mission of The Startup Challenge is to foster economic development and job growth by encouraging and supporting entrepreneurs to start and grow new and innovative businesses.

The Challenge begins with a one-page application and a five-minute first-round pitch presented to our judges. Finalists are selected to expand their idea into a full twelve-page business plan, which they then present to an investor panel at the Final Event.

The Challenge offers three divisions – Venture, Main Street, and Student.  The venture division is for businesses that are intended to scale into large enterprises and that can provide venture-capital level returns to investors; the Main Street division is for small businesses, and the Student division is for students at the graduate, undergraduate, junior college, or high school level.

The Challenge begins with informational workshops throughout the region starting in November and continuing until the application deadline.  Once an initial application is filed, participants become eligible to attend the Creating a Winning Pitch Workshops (free to applicants).  Final applications for 2016 are due on March 14th. The Qualifying Round Pitches will take place on Friday, April 1, 2016 at CSU Monterey Bay. Finalists selected from the first round presentations will be asked to submit a 12-page business play by Monday, April 25th, and the competition culminates with final presentations at the CSUMB University Center on May 6th.

For more information please visit the official website.

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