RAPID CITY, S.D. — Have you ever had of an thought when you’re out and about that might evolve into a business?
You may very well be driving the youngsters to faculty or cleansing out the gutters, and abruptly an thought for a business pops into your head.
Elevate Rapid City is searching for 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 drawback and you’ve got an thought for, even a way to have a look at it, let’s take it from there,” mentioned Mitch Nachtigall, the Director of Innovation & Entrepreneurship for Elevate Rapid City. “We simply need to begin initially after which analysis and see the place it’d go.”
The program is supposed to be an accelerator program. 10 Black Hills entrepreneurs will probably be given up to $5,000 to flip these concepts into potential companies.
Officials of Builders and Backers say that no thought is a unhealthy one. They say they’re searching for folks which may not suppose their thought may very well be a business and for them to take a probability.
It may very well be an thought for enhancing a bike or a busy intersection, however irrespective of the concept, they need to hear it.
“They have a actually fascinating concept that to clear up a drawback 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’ and so they stopped there. Our mission is to get extra of us to say ‘okay how can I attempt one thing?” mentioned James Atkin, the Head of Community Engagement for Builders and Backers.
After you will have 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 will probably 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 will have 100 folks experimenting in Rapid City, will you discover 20 scaled companies out of that? Will you discover 10 fascinating ventures? Will we discover 5 small companies? What will we discover? We truly get folks to type of take that leap,” Atkin mentioned.
For extra information on the program, click here.