DETROIT ? A million dollars in cash awards are up for grabs in the 2012 Accelerate Michigan Innovation Competition, one of North America’s largest business competitions.
The winner gets $500,000 alone, runner-up wins $150,000 plus there are business in-kind awards to later stage, entrepreneurial businesses that have the potential to have an immediate and positive impact on Michigan?s economy.
Accelerate Michigan has two tracks ? the international business competition as well as a Michigan collegiate competition.
Companies worldwide that have a technology that is past prototype are eligible to submit in one of eight key areas of opportunity, including alternative energy, advanced materials, IT, next generation manufacturing, life sciences, medical devices, advanced transportation as well as products and services.
For the student track, any undergraduate or graduate student enrolled in at least two classes in a Michigan public or private university or college for the fall 2012 semester is eligible. Student participants can be individuals or teams who submit an innovative business plan of with their application.
The application deadline for companies is Aug. 15. Student applications are due Sept. 27.
The Accelerate Michigan Innovation Competition will conclude with the semi-final investor pitches Nov. 14 and 15 at the Westin Book Cadillac.
The Competition Finals and Gala Awards celebration will be held the evening of Nov. 15 at Orchestra Hall in Detroit.
To register, click on AccelerateMichigan.Org
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