Startup Challenge Monterey Bay is a new business competition and accelerator program that supports the founding, funding and growth of new and innovative businesses in the Monterey Bay region. It offers workshops, feedback, and mentoring to empower entrepreneurs in a competitive process.
The City of Hollister is sponsoring an orientation to be hosted 6-7:30 p.m. Thursday evening, March 2 at the Hollister City Hall Council Chambers located at 375 5th Street in downtown Hollister.
Applications are due by midnight, Monday, March 13 for the 2017 Startup Challenge Monterey Bay. The Challenge is open to all entrepreneurs and start up companies in Monterey, Santa Cruz and San Benito counties, as well as the cities of Gilroy and Morgan Hill. Applications are to be completed online at www.thestartupchallenge.org.
The competition has three divisions: The Venture Division for businesses designed to grow into large businesses; the Main Street Division for small businesses, sole proprietorships, and nonprofits; and the Student Division for student teams at all levels from high school through graduate school.
Prizes offered by the Challenge include $1,500 cash for the winning Student Division team, $10,000 cash and $2,500 in professional services for the winning Main Street company, and a $20,000 grand prize in cash and $10,000 in professional services for the winning Venture Division company
Following the March 13 application deadline, the qualifying round pitches will take place on April 8, and the final round and venture showcase will be May 12.
The Startup Challenge Monterey Bay is organized by a committee of community members and managed by the Institute for Innovation & Economic Development (iiED). The iiED supports the regional entrepreneurship ecosystem to provide resources entrepreneurs need to be successful. The Institute also offers programs that engage entrepreneurs and managers worldwide in learning about innovation and entrepreneurial practice. The iiED is an institute of the College of Business at CSU Monterey Bay. For more information, email StartupMB@CSUMB.edu or call (831) 582-3230.