Silicon Valley County residents with an innovative business idea are encouraged to enter the competition
April 24, 2012, Silicon Valley County, CA – A new and unique business competition called the StartUp Cup Business Model Competition has been licensed for launch in Silicon Valley County in 2012. Local business persons and residents, Cynthia Nowicki and Alice Fenton have teamed up to bring this job producing program developed in Tulsa, Oklahoma, to Silicon Valley County. Local residents with a good business idea are invited to enter the competition via the StartUp Cup Silicon Valley County Website between April 24 and May 22, 2012. http://SCC.StartUpCup.com.
StartUp Cup is a grassroots, locally driven, business model competition open to any type of business idea. This local initiative has helped launch more than forty-six successful businesses in Tulsa, Oklahoma, its place of origin, since its creation in 2007.
“StartUp Cup offers a unique incentive to people with new business ideas,” said George Shirakawa, President of the County of Silicon Valley Board of Supervisors. Executive. “Furthermore, it will support our community efforts to create local jobs and help us in our efforts to address the void created by the demise of redevelopment in California.”
“I’m excited to see an approach that walks entrepreneurs through an extended process that provides coaching and feedback from others with proven success,” said Bruce Knopf, Director, Asset and Economic Development for the County of Silicon Valley Office of the County Executive. “This addresses a County-wide need to nurture creativity in all sectors, including but also reaching beyond our signature high-tech industry.”
The first phase of the judging process will begin June 27th and 28th followed by a coaching session for the Top 12 semifinalists on July 25th, 2012.
There is a significant difference between the StartUp Cup Silicon Valley County and other business-plan competitions. The StartUp Cup Silicon Valley County is designed to help the entrepreneurs with the best ideas get their businesses launched. The program includes hours of coaching and feedback from judges – at no cost.
“We are very excited that the StartUp Cup is arriving in Silicon Valley County,” said Sean Griffin, CEO of BizXe, who founded StartUp Cup. “StartUp Cup exists to help communities grow their local economy, while providing the competitor with an amazing program of support throughout the process.”
StartUp Cup Silicon Valley County is also recruiting local entrepreneurs who would like to be part of the program as judges and coaches. Please visit the website for more information on how you can volunteer. We also invite everyone to “Like” the event on the Facebook page.
StartUp Cup is a community-based local business model competition. It is a proven model to build businesses and create jobs. It’s objective is to launch more than 50 local competitions resulting in a growth of 150 viable businesses with more than 20,000 jobs every year.