Sunday, August 4, 2013

Competition for Women Entrepreneurs in Michigan

On the reality show Shark Tank, budding and expanding entrepreneurs get to pitch their ideas to a panel of investors who decide to invest in the business or pass.  In Michigan, Walsh College and several business and community partners have joined to create a program in which Michigan female entrepreneurs can compete for money to start up or expand their business.  It's the Entrepreneur You contest, which is fast approaching its 2013 deadlines. 

To compete, you must be a woman or part of a majority woman-owned business in Michigan that  falls into one of three categories; a company of less than $500,000 revenues, a "lifestyle business," (one that supports a substance for a particular income level and no more, with revenues of $100,000 or less per year.  The last category is for social entrepreneur businesses that are created for a particular social good.  All the categories and rules are in the guidelines. 

The deadlines are coming up fast--August 7th for companies, and August 13th for the lifestyle and social entrepreneur competitors.  All finalists will get coaching and mentoring, and the winners will get money and more mentoring to further their business creation or expansion. 

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