Deadline Approaching: Invest Nebraska $50k Venture Competition
A quick reminder that if you'd like to enter your startup into Invest Nebraska Corporation's second annual East-2-West New Venture Competition the deadline is next Monday, November 8.
Here are more details, from investnebraska.com/venture-competitions:
- When: Friday, November 19, 1 p.m.
- Where: Old Mattress Factory (501 North 13th Street)
- Who: Any new or existing business located in or willing to locate to the State of Nebraska.
- How: A number of pre-selected applicants will be called upon to make a pitch presentation to a judges panel composed of local and regional business leaders. The judges panel will then select the most promising business plan, and the winner will be awarded a $50,000 cash investment in exchange for a minority stake in the proposed or existing company.
- Why: Because we are confident that your success can be Nebraska’s success, and a community that encourages innovation, optimism, and entrepreneurship, is a community that will never stop thriving.
To enter, visit investnebraska.com/venture-competitions (must be 18 years of age or older).
To learn more about what to expect from the East-2-West competition, see our coverage of last year's event:
Here's a video interview at last year's competition with its winner, Jimmy Winter of RockDex:
ARCHIVED COMMENTS
This is exactly what's wrong with SPN. You guys write this kind of stuff and people have no idea what they're getting themselves into. This is not a good competition. This is a terrible competition. In exchange for $50,000 you give up a board seat and double digit % of your company. Giving up a board seat so early on in growing your company is a very bad idea.
But entrepreneurs in Omaha won't know that because SPN won't grow a pair and actually be objective and report the truth. Instead, they promote this garbage. You think that by reporting this kind of stuff you're helping the Omaha tech community but in reality you're hurting it. You do no good by positioning yourself as an authoritative voice on Omaha and entrepreneurship and then promote this competition. By doing that you give credibility to this. And while you all have privately said how you don't think it's a good idea you fail to display the courage to stand up and tell the truth. Which is why you'll always be relegated to Google Adwords. But hey, there's always Big Omaha for as long as that lasts.