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The Prize:

  • $50,000 in seed capital awarded to a winner in Oswego County (this award is open to both residents and entrepreneurs operating or with the intent to operate in Oswego County);

  • The $50,000 can potentially be leveraged to borrow up to $250,000 in partnership with local banks, Oswego County Industrial Development Agency, City of Oswego Community Development Office, City of Fulton Community Development Agency, U.S. Small Business Administration, and other economic development agencies;

  • The chance to present your plan to a panel of early-stage venture capitalists, bankers, local entrepreneurs, and those in business academics;

  • Feedback from successful venture capitalists and seasoned entrepreneurs;

  • Regional media exposure;

  • Opportunity to network with other potential team members; and

  • The prize money must be used to start the business in Oswego County.