Pathway WBC taps local agency to host Tennessee submissions for national competition for $70,000 in cash prizes
The SBA launched their annual InnovateHER Challenge for $70,000 in cash prizes, and we’ve asked The Inside Story to serve as a host for Tennessee in the local round of the contest. InnovateHER is a national competition for female entrepreneurs who have created a product or service that has a measurable impact on the lives of women and families, has the potential for commercialization, and fills a need in the marketplace.
The deadline to apply to InnovateHER in Tennessee is Friday May 26, 2017.
To apply, interested applicants must:
- Complete and submit the application form and criteria listed below by May 26th, 2017 to firstname.lastname@example.org
- Submit a one-page description of business products/services and what sets you apart to win.
- Submit a business plan with the application that clearly demonstrates the impact of the product or service on the lives of women and families, the potential for commercialization, and how the product or service fills a need in the marketplace. The business plan may be no more than 20 pages and business plan template can be found at www.sba.gov.
This challenge provides a forum for women pioneering the way in business to gain recognition, broaden their work, and impact even more lives. Judging Criteria for Tennessee is as follows:
- Have the potential for commercialization (40%)
- Have a measurable impact on the lives of women and families (30%), and
- Fill a need in the marketplace (30%)
Four Local judges in Tennessee include:
- Andrea Echols, VP, Community Development Manager for West Tennessee Region, First Tennessee Bank
- Kristina Montague, Managing Partner for The Jump Fund
- Kelli Nowers, Chief of Staff for Nashville Entrepreneur Center
- Betsy Wills, Principal & Director of Marketing & Branding for Diversified Trust
During the InnovateHER Finals, up to 10 Finalists will compete for the top three cash prizes totaling $70,000. This year, the national InnovateHER Finals will be held in September 2017 in Washington, D.C. First will receive $40,000, second place will receive $20,000, and third place will receive $10,000.
Examples of an innovative product or service can include anything from an online service that curates approved child care centers in your vicinity to a delivery service that brings fresh groceries to your door.
Contact Laurie Guzman at 615‐210‐9907 or via email at email@example.com for questions on Tennessee submissions. The complete Innovate HER Challenge rules can be found at www.sba.gov/InnovateHER. Finalists will be responsible for covering their own travel costs for the national competition.
Good luck everyone!