Foundation / Corporation
Arkansas Capital - Arkansas Economic Acceleration Foundation (AEAF)
02/28/21 11:59 PM
Prizes to Arkansas undergraduate and graduate student teams for participating in a statewide entrepreneurial competition. Applicants must submit an intent to compete prior to submitting a business plan. Teams may be composed of students representing any degree track. The competition is designed to increase student appreciation for the challenges associated with developing a viable business offering (product or service) while recognizing the students who are best able to articulate a plan that addresses these challenges. Competition events will be held virtually.
Arkansas Capital of Little Rock launched the Arkansas Governor’s Cup in 2001 to:
Beginning this year, there will be only two competition divisions: High Growth/Technology and Small Business.
High Growth/Technology: This division will be for business plans with truly unique ideas and technologies that demonstrate a potentially disruptive market impact with strong viability and high potential for growth. The proposed business could be for ventures related, but not limited to, agriculture, healthcare, information technology, manufacturing, transportation, energy, conservation, gaming, etc.
Small Business: his division is for business plans that are more “Main Street,” customer-facing operations, such as retail operations; hospitality ventures; services such as those industries related to automotive, household, construction, beauty, travel/tourism; etc.
For both divisions, the best business ideas will continue to be those that:
GrantWatch ID#: 176949
Students and advisors for the top three winning teams in both divisions will share a $100,000 cash prize pool.
High Growth/Technology Division:
- First Place $25,000
- Second Place $15,000
- Third Place $10,000
Small Business/Lifestyle Division:
- First Place $15,000
- Second Place $10,000
- Third Place $5,000
- High Growth/Technology Winner $2,000
- Small Business Winner $2,000
- $2,500 to winning team advisors $15,000
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Apply online: https://accounts.younoodle.com/login?redirect-url=https:%2F%2Fplatform.younoodle.com%2Fclient%2Fentry-rounds%2Farkansas_governors_cup_2020_2021%2Fapply
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