Who is eligible: The contest is open to individuals and businesses with an idea for a new product or service. Ideas can be anywhere in the product development lifecycle from simply a concept to a product in actual production. In order to qualify for the contest awards, ideas must be pursued within the Eau Claire area EDC's service area.
Program goal: To encourage idea generation and innovation from area residents and businesses in order to foster economic opportunities in the Eau Claire area.
Why Apply: Up to 5 ideas will win monetary awards to help bring the idea to market. Awards are as follows:
$500 cash - up to 5 awards
$1,000 in business support - up to 3 awards
$5,000 grand prize for "go to" market expenses
Now - October 1, 2012 - Idea application are accepted. Ideas are reviewed on an ongoing basis so the sooner you apply, the sooner you can start working on your idea!
Now - November, 2012 - Up to 5 cash awards of $500 will be announced.
November, 2012 - Up to 3 of these ideas will win $1,000 to use for business and professional services
December 2012 - The top 5 idea applicants will pitch their idea to business professionals and investors to gain further support and compete for the grand prize. One grand prize winner will receive $5,000 reimbursable towards services to help bring their idea to market.