ANN ARBOR ? Aug. 15 is the deadline to submit your business plan to the $1 million Accelerate Michigan Innovation Competition open to any early stage business from anywhere in the world. Top prize is $500,000 in cash.
Eligibility
Technology
Note: These are not rigid criteria, they’re guidlines.
Innovative and proven (past proof of concept)
At a commercial stage
Finance
Potential to achieve $10+ million in annual revenue in the next five years
Have raised no more than $2 million in VC investment
Have no more than $5 million in revenue
Companies will select to compete in one of 8 sectors:
Advanced Materials
Advanced Transportation
Alternative Energy
Information Technology
Life Science
Medical Devices
Next Generation Manufacturing
Products and Services
Top Prizes
$500,000 Grand Prize
$100,000 and $50,000 Runner up
Eight additional $25,000 prizes
To apply, click on AccelerateMI.Myreviewroom.Com
