What we look for:
Likelihood of building a successful business
Scalability: Potential to grow a sizable & meaningful company over time
Potential to generate significant employment in Vermont
What our companies receive:
For first place, $30K in Cash Awards and $45K in in-kind support.
For second place, $15K in Cash Awards plus $25K of in-kind support.
Mentoring by a seasoned member of the entrepreneurial community for all finalists.
LaunchVT's Entrepreneurial Seminar Series is open to the public! Interested in learning more about LaunchVT, or where to start building your business? These seminars are for you. Network with entrepreneurs, VCs and angel investors while learning valuable information for you or your personal business.
These private networking opportunities connect our LaunchVT finalists with the individuals and companies that can help them build their businesses. With time for informal networking and structured conversation, finalists get one-on-one access to one of our greatest community resources - our people. Our Office Hours events also allow contestants to offer feedback and assistance to each other, an invaluable element of the program.
The selected finalists are each appointed a mentor with industry specific skill-sets. This mentor will assist their finalists for over a month to review their business plans and pitches. The mentor will help them practice their presentation, review their pitch material and build entrepreneurial resources.
lAUNCHvt final competition:
Teams will have 8 minutes to present, followed by 3 minutes of Q&A. The judges will be looking for entrepreneurs who deliver plans for a new business enterprise that demonstrates exceptional potential in today's market, including:
• Likelihood of building a successful business
• Scalability: potential to grow a sizeable & meaningful company over time
• Potential to generate significant employment in Vermont