The next big idea has a reason to stay in Nevada.
Project Vesto, a business competition backed by The Nevada Institute for Renewable Energy Commercialization and Nevada Governor’s Office of Economic Development (GOED), has 100 grand to give the winner of its 3 stage challenge. That’s the biggest prize ever offered to a business competition winner in the history of the state.
After submitting a one page business model, modeled specifically from Alex Osterwalder and businessmodelgeneration.com, entrants will present for 5 minutes in the room of VCs and private investors. The top ten go to an online vote and the winner is decided from there.
This competition is inspired by the enthusiasm for and innovation that takes place in Nevada. It’s designed to help a Nevada business start, grow, and thrive.
NIREC’s creation of Project Vesto gives start-ups the opportunity to make things happen in the state. There are requirements, such as the winner must hold a Nevada business license. The criteria for entering is pretty simple: you must have a startup or early stage venture with under $1 million in revenue and less than $100,000 in external equity investment.
To enter, visit http://ves.to. Details and helpful hints, insights, etc, can all be found there. The deadline has been extended to December 31st. Don’t miss out!
You can follow Project Vesto on Facebook.
And Twitter at: @projectvesto