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Entrepreneurial Opportunity Contest

Opportunity for Arizona Businesses in Eligible Regions
to Participate in an Entrepreneurial Innovation Contest

Agency Type:

Foundation / Corporation

Funding Source:

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Phoenix Business Journal (PBJ) and BBVA

Deadline Date:

07/31/20 11:59 PM EST

Description:

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Opportunity for Arizona businesses in eligible regions to compete for prizes to implement new and creative business ideas. Eligible contest participants will demonstrate how they use technology to reshape their markets, how they have created a better way to serve existing customers, or how they have created a whole new product, service or business model. This Local Market Promotion is only open to small business owners in the city of Phoenix and surrounding areas.

BBVA and The Phoenix Business Journal invite small businesses with innovative ideas to nominate themselves for the Entrepreneurial Opportunity Contest. This business will have the chance to be one of five who pitch their idea to a panel of distinguished judges at a live event. The winning pitch will receive a cash prize. All finalists and winners will be showcased on the local business journal digital platforms and the weekly print edition.

PBJ and BBVA seek businesses that are innovating to create opportunities for their clients and their markets. Whether businesses are using technology to disrupt their market, have created a better way to serve existing customers or innovated to create a whole new product, service or business model.

GrantWatch ID#:

GrantWatch ID#: 186393

Number of Grants:

1

Estimated Size of Grant:

The winner in the Phoenix Market will receive $10,000

Additional Eligibility Criteria:

- This Local Market Promotion is only open to small business owners in the city of Phoenix, Arizona and surrounding areas who are legal residents of Phoenix, Arizona or surrounding areas and who are at least 18 years old as of the date of entry.
- Officers, directors, members, and employees of the Sponsor, or any other party associated with the development or administration of this Local Market Promotion, and the immediate family (i.e., parents, children, siblings, spouse), and persons residing in the same household, as such individuals are not eligible to participate.
- To be eligible, businesses must have been established for a minimum of 2 years as of the date of entry and have at least $750,000 in annual revenue.
- Privately Owned Automated Teller Machines, Pawn Shops, Money Transfer, Transmittal or Remittance businesses, Personal Credit Institutions, Private Investment Companies, Massage, Escort and Tanning establishments, Parking Garages, Adult Video Tape Rental companies, non-profit and Casino, Gambling or Gaming businesses, as well as non-profit businesses are not eligible. This Local Market Promotion is void outside Phoenix, Arizona and where prohibited. No purchase or payment of any kind is necessary to enter or win this local market promotion.

Pre-Application Information:

This Local Market Promotion begins 12:01 AM EST February 10, 2020 and ends 11:59 PM EST July 31, 2020 when all entries must be received.

- Phase One: All entries will be judged on or about March 30, 2020. The five (5) entries with the highest overall score will be declared a potential finalist.
- Phase Two: The Business Journals will create profiles of the five (5) finalists, upload them to https://www.bizjournals.com/phoenix/ and the public will be asked to vote. Voting begins 12:01 AM EST April 13, 2020 and ends 11:59 PM EST May 11, 2020.
- Finalist must present their concept in person to the judges on June 4, 2020 in (or within 20 miles of) Phoenix, Arizona. Judges will score entries based on their criteria and the results of the public vote. The one finalist with the highest score will be declared the potential winner.

Contest Rules: https://www.bizjournals.com/bizjournals/promo/PhoenixContestRules

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Nominate a small business at the URL for Full Text below.

If you have questions or problems with your entry please contact: bnoonan@bizjournals.com

Phoenix Business Journal
101 N. First Avenue
Suite 2300
Phoenix, AZ 85003
Phone: 602-230-8400
Email: phoenix@bizjournals.com

URL for Full Text (RFP):

Geographic Focus:

USA: Arizona: Phoenix

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