Weekly Resource #15 – Accelerate Michigan Innovation Competition

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An international business competition – Connecting entrepreneurial companies with local, national and international investors.

I tell all the early stage entrepreneurs I work with to go to as many pitch and business plan competitions as they can when they’re starting out.  Even if you’re not ready to compete for funding, you’ll gain invaluable knowledge from watching others and paying attention to the judges’s comments and feedback.  I learned much of what I know today about successfully applying for funding and other key capital strategies from listening to evaluations of investor pitches.

Led by the newly formed Business Accelerator Network for Southeast Michigan (which includes Ann Arbor SPARK, Automation Alley, Macomb-OU INCubator, and TechTown), the Business Leaders for Michigan, the University Research Corridor (Michigan State University, the University of Michigan and Wayne State University) and the New Economy Initiative, this competition boasts an impressive list of venture capitalists from around the nation on it’s judging panel.

In 2012, sixty venture capitalists from fifty one firms judged the competition – providing a great network across the country as well as constructive feedback to help the participating companies in their persistent drive for excellence.

So whether you’re ready to enter the company competition, or the student competition, or whether you just want to go and learn this time, register now for Accelerate Michigan Innovation Competition.  The deadline for company applications is August 14, so don’t delay.

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