GRAND RAPIDS, MI — Start Garden, an organization that supports entrepreneurship in West Michigan, has opened registration for a competition where startup businesses can compete for $300,000 in prizes.
The event, known as The 100, provides an opportunity for businesses to submit a 100 second video explaining their idea. Start Garden will then, by July, choose 100 finalists who receive $1,000 each to refine their ideas and, in September, present their idea to Start Garden. Ten winners will then be selected to receive $20,000 for their businesses.
“When we designed the Start Garden 100, our goal was to make it a genuine opportunity for anyone from any neighborhood in Michigan,” Paul Moore, co-director at Start Garden, said in a news release. “Not to mention, it’s literally the easiest $1,000 an entrepreneur can get to play with an idea.”
Here’s how the event works:
- People can make a 100 second video explaining their idea
- Videos are submitted to 100.startgarden.com
- Videos are accepted from May 3 through Jul 11, 2022
- Minimum age to participate is 14
- Video submissions are not shared with the public
- Participants can upload as many ideas as they wish
- In July, 100 finalists will be chosen to receive $1,000 each, no strings attached
- Finalists have 2 months to refine their ideas with community support
- 100 finalists present at the 2022 Demo Day competition on Wednesday, September 21, 2022
- At Demo Day, 10 winners receive another $20,000 to help their business take off
- Additionally, a $5,000 award goes to a high school student or team competing in the high school category
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Business startup competition to award $300K to 100 entrepreneurs - MLive.com
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