Wednesday October 16, 2013 0 commentsFORT COLLINS - The Blue Ocean Enterprises Challenge, the richest annual business pitch competition in Colorado, announced it is now accepting applications from collegiate entrepreneurs, startups seeking capital and businesses seeking expansion capital to compete for a grand prize package worth $250,000 in funding, strategy and operations support and a 12-month business mentoring program.
The Blue Ocean Enterprise Challenge, set for May 24, 2014, is a celebration of innovation, leadership development and job creation presented by Blue Ocean Enterprises and Colorado State University College of Business.
Competitors can learn more about the event and submit their applications at www.blueoceanchallenge.com.
The competition will feature two tracks:
- The Blue Ocean Enterprises Challenge, open to startups and established companies in any industry from anywhere in the world. Applicants must be operating for a minimum of one year, be based in the U.S., and be generating or have raised a minimum of $100,000 in capital for R&D.
- The Blue Ocean Enterprises Collegiate Challenge, open to active undergrad or graduate student entrepreneurs from any university or college in Colorado.
A panel of judges from CSU's College of Business, Blue Ocean Enterprises and national business community will select finalists to take part in a three-month business coaching and pitch consultation program prior to the main event.
The winner of the Collegiate Challenge will be announced May 2 and receive $20,000 in startup funding and compete in the main competition.
The grand prize winner may receive additional funding rom Blue Ocean Holdings, an affiliate of Blue Ocean Enterprises, which has a proven model for building businesses and growing young companies in the Northern Colorado region.
Deadline to apply for both challenge tracks is Dec. 15.
Headquartered in Fort Collins, Blue Ocean Enterprises was established in 2011 by OtterBox Founder and Chairman Curt Richardson and his wife, Nancy, to provide business mentoring, accounting, legal, IT, real estate and HR services to its affiliated companies.