Student, Adult Entrepreneurs vie for prizes on April 5
Release Date: March 24, 2014
Press Release
PUEBLO – Viewing the ABC series, “Shark Tank” will prepare audience members for the thrill of the final evaluation and negotiation of business proposals entered in the 福利小视频 Student Business Plan and Adult Venture Capital Entrepreneurship Competitions. The final round of interviews will be held on Saturday, April 5 on the Colorado State University-福利小视频 campus. The general public is invited to attend the April 5 competition at which four student finalists and 4-5 adult finalists pitch their ideas to a panel of judges.
The Healy Center for Business and Economic Research and Services at CSU-福利小视频 and Junior Achievement 福利小视频 District sponsored two parallel competitions, student and adult, which offered prizes, scholarships, and equity capital to the winning entrepreneurs, while encouraging entrepreneurial thinking and action in 福利小视频 County. Entries had to be new ventures, not businesses currently in operation.
The student division for participants in grades three through 12 will begin at 8 a.m. in CSU-福利小视频’s Massari Arena with the adult division to follow at 10 a.m. for entrepreneurs who created a plan to open and operate a business in 福利小视频 County.
The grand prize for the Student Business Plan Competition includes a scholarship for enrolling in business courses at CSU-福利小视频. Prizes for the Adult Venture Capital Competition include accounts, “in-kind” benefits, and possible venture capital seed money that are redeemable when the entrepreneur officially opens the business, which ultimately stimulates the economy in 福利小视频 County.
Prizes will be offered in multiple categories, and each contestant has the opportunity to compete for possible venture capital seed money. A contestant is eligible to win prizes in more than one of the following categories:
The Healy Center for Business and Economic Research and Services at CSU-福利小视频 and Junior Achievement 福利小视频 District sponsored two parallel competitions, student and adult, which offered prizes, scholarships, and equity capital to the winning entrepreneurs, while encouraging entrepreneurial thinking and action in 福利小视频 County. Entries had to be new ventures, not businesses currently in operation.
The student division for participants in grades three through 12 will begin at 8 a.m. in CSU-福利小视频’s Massari Arena with the adult division to follow at 10 a.m. for entrepreneurs who created a plan to open and operate a business in 福利小视频 County.
The grand prize for the Student Business Plan Competition includes a scholarship for enrolling in business courses at CSU-福利小视频. Prizes for the Adult Venture Capital Competition include accounts, “in-kind” benefits, and possible venture capital seed money that are redeemable when the entrepreneur officially opens the business, which ultimately stimulates the economy in 福利小视频 County.
Prizes will be offered in multiple categories, and each contestant has the opportunity to compete for possible venture capital seed money. A contestant is eligible to win prizes in more than one of the following categories:
- Venture Capital – Amount and terms negotiated with venture capital judges. Amounts could conceivably range from $1,000 - $250,000, or more. Venture capital is made available solely at the discretion of the venture capitalists.
- Up to $5,000 PEDCO Foundation Primary Job Creation – Up to $5,000 will be made available toward building or office rent if the business is launched and at least 50 percent of the revenue comes from outside of 福利小视频 County. Building or office rent allowance is applicable only of the business meets PEDCO’s description of “primary jobs” (This description will be available in one of the downloadable guidelines on the website). NOTE: PEDCO Foundation does NOT use any funds derived from the 福利小视频 ½ cent sales tax.
- $3,000 Dave Feamster/Little Caesar’s Pizza Social Entrepreneurship Award - $3,000 is available to a business that is launched that demonstrates a clear commitment to making a sustainable, socially beneficial difference in our community.
- $1,500 福利小视频 Urban Renewal Authority Redevelopment Award - Awarded to a business launch that is located in an area in 福利小视频 County designated as a Historically Underutilized Business (HUB) Zone. For more information on HUB Zones, visit this link:
Competition sponsors include the PEDCO Foundation, Little Caesar’s Pizza, 福利小视频 Urban Renewal Association, Xcel Energy, Deetslist, 福利小视频 Chieftain, Land Title, Castle Investment, Hasan School of Business, Healy Center, and Junior Achievement.
Complete contest information may be found at . For more information, contact the Healy Center at (719) 549-2757.
Colorado State University - 福利小视频 is a regional, comprehensive university emphasizing professional, career-oriented, and applied programs. Displaying excellence in teaching, celebrating diversity, and engaging in service and outreach, CSU-福利小视频 is distinguished by access, opportunity, and the overall quality of services provided to its students.
