Opportunity for Louisiana Entrepreneurs in Eligible Regions to Compete for Prize Packages

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Application Deadline

06/10/22 12:00 PM Noon CST

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Geographic Focus

USA: Louisiana: St. Bernard Parish

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Startup St. Bernard Pitch Competition

Meraux Foundation and St. Bernard Economic Development Foundation

Agency: Foundation

GrantWatch ID #152521

Grant Description

Opportunity for Louisiana entrepreneurs in eligible regions to compete for prize packages that will assist them in growing their business. Entrepreneurs will present business plans to compete for cash prizes and in-kind support. The opportunity is intended for businesses that agree to locate their base of operations in St. Bernard Parish, help improve the Parish, and become part of the local entrepreneur ecosystem.

Judges will score entries based on the quality of the business plans and how the startups will improve St. Bernard by:

Creating jobs
Investing capital into the parish
Providing needed products or services to the region,
And/or contributing to the growth of the core Startup St. Bernard sectors: creative digital media, cultural arts/cultural economy, health and wellness, advanced manufacturing/value-added manufacturing, logistics, and the seafood industry.

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Eligibility:

See RFP and/or Grant Guidelines for full eligibility

Additional Eligibility Criteria:

The Startup St. Bernard Challenge is open to any business that will:
- Locate their base of operations to St. Bernard Parish for at least 2 years,
- Improve St. Bernard Parish, and
- Actively participate in the St. Bernard Parish entrepreneur ecosystem.

To qualify, entrants must:
- Be in business for five years or less or be an existing business creating a new division or entity,
- Have yearly revenue under $1,000,000, and
- Have five employees or less.

Pre-Application Information:

The entry period closes at 12:00 PM noon CST on June 10, 2022.

How It Works:
1. Submit Your Business Plan Online:
Entrepreneurs must complete the entry form and submit a business plan by 12:00 PM noon CST on June 10, 2022.
2. Committee Selects Finalists:
An independent selection committee with business expertise will review the submissions and choose three finalists that will be selected to “pitch” their business to a panel of judges.
3. Finalists Pitch for a Chance to Win:
Finalists will pitch their businesses to a panel of judges in a TED Talks-style presentation format. The live public event will take place on August 4, 2022.

How it works: https://www.startupstbernard.com/how-it-works

Additional Funding Information:

Estimated Size of Grant:

All three finalists will receive a cash prize of at least $5,000. The winner will receive the grand prize package including a mix of cash and in-kind donations.