DETROIT — The Accelerate Michigan Innovation Competition application deadline is fast approaching — July 23.
Technology start-ups at the prototype stage or beyond are invited to apply to compete for a $500,000 grand prize and an additional $500,000 in prizes and in-kind awards.
As part of this year’s competition, AMIC is making a concerted effort to reach out to the women and minority business communities for applicants.
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, AMIC executive director. “We’re very proud of the impact that we’ve had on the broader tech entrepreneur community and the individuals involved with them.”
Additional details regarding competition eligibility and participation can be found at www.acceleratemichigan.org.
Open to any early and/or late-stage businesses world-wide, competition submissions are accepted in the following sectors:
Advanced Materials
Advanced Transportation
Alternative Energy
Information Technology
Life Science
Medical Devices
Next Generation Manufacturing
Products and Services
Competition Timeline
Semi-finalist investor pitches will take place Nov. 4-6 at the Westin Book Cadillac in Detroit. By the evening of Nov. 6, a $500,000 cash grand prize and an additional 10 awards totaling more than $500,000 in cash and in-kind prizes will be presented
Partner organizations include the New Economy Initiative for Southeast Michigan, the Michigan Economic Development Corp.’s 21st Century Jobs Fund and the Business Accelerator Network for Southeast Michigan.