"Small businesses are critical to the success of our local economy, and never has the entrepreneurial spirit been more alive and well in Denver," said Denver Mayor Michael B. Hancock. "The business plan competition is just one way the city is helping the small business community thrive. Through this unique citywide contest, we look forward to providing a boost to promising small businesses in Denver."
The grand prize includes $50,000, a year of office space at Galvanize, legal counsel from Polsinelli and marketing support from Dovetail Solutions and mentoring from TiE Rockies. Ten businesses will be recognized with awards.
The program is open to companies with a maximum of 25 employees that have been in business five years or less. The companies must be based in Denver, or have plans to relocate to Denver.
Judges include employees of the Office of Economic Development (OED), Galvanize and Dovetail Solutions.
"We received an incredible response to last year’s business plan competition," ssaysaid Paul Washington, OED Executive Director. "We're proud to continue this award program as an important measure to recognize and celebrate our city's strong culture of innovation that resonates among our small businesses."
Entries will be accepted until Aug. 2 or after 150 applications are received.
Contact Confluence Denver Innovation & Jobs News Editor Eric Peterson with tips and leads for future stories at firstname.lastname@example.org.