The Southeast Indiana Small Business Development Center (ISBDC) is excited to announce our 2nd Annual Risk-It Competition. Risk-It is a contest sponsored by the Southeast ISBDC to encourage and award innovative ideas in the small business sector. Entrepreneurs with exceptional ideas for a new business, invention, or process can submit their ideas to www.Riskitindiana.com. Contestants will present their ideas to guests and a panel of judges, with winning ideas selected for a 1st and 2nd place prize package detailed on the website and the audience choice winner receiving a cash prize.
Risk-It will take place on August 28th at the Venture Out Business Center in historic Madison, Indiana. Six to Eight finalists will be selected from entries received prior to July 15, 2013. Finalists will be chosen by members of the Southeast ISBDC but all entries will be eligible for no-cost counseling from our knowledgeable staff. Finalists will be contacted by email within a week of entry.
Each of the finalists will have five minutes to present their pitch to the audience and judges. Both the audience and panel of judges will vote on which idea they believe is the best and most marketable. Three awards will be given: the Judge’s 1st and 2nd Place Awards and the People’s Choice Award. The winners will be announced that night and honored at the LEADS Indiana Awards Luncheon in Jeffersonville, IN on November 13, 2013. The winners of both awards will be given the opportunity to work with the ISBDC and other local business professionals to develop their idea into a viable business venture.