And just recently, Think Big Partners announced a few rules and details for the challenge, including an inside-scoop at the grand prize. Below are a few details that may be of use to those applying for The Gigabit Challenge:
·
Applications will be
accepted starting October 3, 2011.
Applications should be accompanied by a 3-5 page executive summary.
·
Applications must be
submitted by October 31.
·
The top 25 finalists will
be announced by November 15.
·
The 25 finalists then
have until December 15 to submit a short form (10 page) business plan with 5
extra pages of supporting documentation.
·
Winners will be
announced at a public event in Kansas City in mid- to late January of 2012.
But let’s cut to the chase. How much is the Gigabit Challenge actually
rewarding to the winning entrepreneur?
Think Big Partners has announced that it will award more than $200,000
in cash and services, with the Grand Prize valued at $100,000. Seems like a competition worth entering...
“As
the first city chosen by Google to implement the fiber network, Kansas City has
taken on a supporting role in Google’s worldwide initiative,” said Herb Sih, Managing Partner and co-founder of Think Big Partners. “In the
past few years, Kansas City has received significant national recognition as a
vibrant community for entrepreneurs, marshalling resources to take ideas and
make them into viable businesses. Now, companies have the opportunity to
innovate using technology like Google fiber so that they can create more new,
technology-based to the challenges facing our world.”
For more information about The Gigabit
Challenge or to express interest in becoming a sponsor or judge, please visit The Gigabit Challenge
website or contact Ann
DeAngelo at (816) 842-5244
Written by Allison Way
@AllisonThinkBig
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