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Made possible by the City of Lakewood and Startup Lakewood The Challenge: Do you have an idea for a business or product which absolutely needs to be brought to market? Are you willing to put some time into actually making that happen? The City of Lakewoods Ideation Challenge is just for you. Take the Ideation Challenge by submitting a brief Executive Summary along with preparing a 1-2 minute elevator pitch -- and you could win a prize package of services to help bring it to reality. Startup Lakewood is Here to Help: Not sure how to create an Executive Summary or give an Elevator Pitch? Were here to help! The next two Startup U events are designed to provide input in each of these areas. Plus, time may be scheduled with Mike Belsito, Director of Ideation for Startup Lakewood, to provide one-on-one assistance with Executive Summaries or Elevator Pitches during June and July: Startup U: Why Business Plans Fail (and What You Can Do to Succeed). th June 27 , 2012 at University of Akron Lakewood, 6:30pm 8:00pm Featuring Rushabh Shubs Sheth, Corporate Development Analyst at SparkBase Startup U: Perfecting your Pitch (in as little as 30 seconds). July 24, 2012 at University of Akron Lakewood, 6:30pm 8:00pm Featuring Mike Belsito, Director of Ideation at Startup Lakewood Prize Package (Awarded to City of Lakewood Winner and Northeast Ohio winner, unless otherwise noted) Full Scholarship to nine week entrepreneur training course with Bad Girl Ventures (Value $150) Up to three (3) coaching sessions w/ Startup Lakewoods Mike Belsito (Value: $300). Startup Insurance Consulting from The Juris Agency (Value: $125) VentureHacks Pitching Hacks and Venture Hacks Bible eBooks (Value $19). Use of Vision 21 as Business Address for one full year. o Three (3) Vision 21 conference room rentals of up to two (2) hours each. o Five (5) hours of Vision 21 office rental to be used together or separately. o One (1) hour of social media marketing coaching (Value: $500+)
(Note: All applicants will receive feedback on their application from Startup Lakewood.) Ideation Challenge Timeline: th rd Applications may be submitted from June 27 through August 3 th Four finalists will be announced by August 17 . Finalists are to present their Elevator Pitch during the August 28th Startup U event. Winners are announced during the September 25th Startup U event.
Official Rules
The Lakewood Ideation Challenge is open to all residents of Northeast Ohio, including those within Cuyahoga, Lorain, Summit, Medina, Lake, and Geauga counties. Applicants may submit as individuals or teams which may or may not consist of existing businesses (although, existing businesses should be presenting ideas for a product or service that is not currently being offered). One winner will be selected from the City of Lakewood (so long as there are sufficient applications), and another will be selected from greater Northeast Ohio (which may also include applicants from the City of Lakewood). Applications will only be considered if received through August 3 2012 and must be sent to info@startuplakewood.com. All Executive Summaries and Elevator Pitches will be judged by City of Lakewood personnel, Startup Lakewood personnel, and area entrepreneurs and business leaders.
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