RAPID CITY, S.D. — Have you ever had of an thought whilst you’re out and about that might evolve into a business?
You might be driving the youngsters to college or cleansing out the gutters, and all of the sudden an thought for a business pops into your head.
Elevate Rapid City is in search of these concepts.
Through a partnership with Builders and Backers and Heartland Forward, Elevate is wanting to flip these concepts into a actuality with the Idea Accelerator Program.
“If you suppose it’s a downside and you’ve got an thought for, even a way to take a look at it, let’s take it from there,” stated Mitch Nachtigall, the Director of Innovation & Entrepreneurship for Elevate Rapid City. “We simply need to begin in the beginning after which analysis and see the place it would go.”
The program is supposed to be an accelerator program. 10 Black Hills entrepreneurs might be given up to $5,000 to flip these concepts into potential companies.
Officials of Builders and Backers say that no thought is a dangerous one. They say they’re in search of individuals that may not suppose their thought might be a business and for them to take a likelihood.
It might be an thought for enhancing a bike or a busy intersection, however regardless of the concept, they need to hear it.
“They have a actually attention-grabbing concept that to remedy a downside that many individuals have, however no thought what to do with it or go ‘Oh, somebody ought to construct this, (or) ‘I want this existed’ they usually stopped there. Our mission is to get extra of us to say ‘okay how can I attempt one thing?” stated James Atkin, the Head of Community Engagement for Builders and Backers.
After you’ve gotten your thought, the applying course of is fairly easy.
Fill out the 5 questions and submit your software earlier than the August 15 deadline. The ten finalists might be chosen in September.
And earlier than you let doubt crowd your thoughts, Atkin says, you by no means know what can occur.
“If you’ve gotten 100 individuals experimenting in Rapid City, will you discover 20 scaled companies out of that? Will you discover 10 attention-grabbing ventures? Will we discover 5 small companies? What will we discover? We truly get individuals to type of take that leap,” Atkin stated.
For extra information on the program, click here.
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