Search This Blog

Monday, August 29, 2016

The Value of Losing Business Plan Competitions

The next Accelerate Michigan Innovation Competition will take place on Thursday, November 3, 2016 in Downtown Detroit. If you are in Michigan and have started a company, you should participate. First prize is $500,000, which is a lot of money for an early stage company to bring in.
Last year, Banza, a producer of chickpea-based pasta, took home first prize. Data aggregator Crunchbasereports that Banza raised $1.3 million last November, shortly after the competition, indicating that winning the competition probably helped them with their fundraising.


The Value of Losing Business Plan Competitions

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.