Accelerate Michigan Innovation Competition Sets Application Deadline for This Year's International Business Competition [Health & Beauty Close - Up]
(Health & Beauty Close - Up Via Acquire Media NewsEdge) Accelerate Michigan Innovation Competition (AMIC) has set the upcoming application deadline for this year's international business competition.
Technology start-ups at the prototype stage or beyond are invited to apply before July 23, to compete for a $500,000 Grand Prize and an additional $500,000 in prizes and in-kind awards, AMIC noted in its release.
As part of this year's competition, AMIC said that it is making a concerted effort to reach out to the women and minority business communities for applicants. "NEI is committed to inclusion and social equity as a driving value and we're excited that the competition, which we helped found, is engaging more broadly," noted David Egner, Executive Director of the New Economy Initiative. "US small business is comprised of roughly 35 percent women and 10 percent minority lead companies. Accelerate Michigan is looking to engage entrepreneurs that are representative of the business community at large."
Since the competition's inception four years ago, previous semi- finalists and finalists have raised more than $59 million in funding and created more than 600 jobs. "Our goal each year is to provide a platform for a broad range of entrepreneurs to showcase their work in front of top national venture capitalists," said Lauren Bigelow, Executive Director of the Accelerate Michigan Competition. "We're very proud of the impact that we've had on the broader tech entrepreneur community and the individuals involved with them."
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