Opportunity for California Individuals and Businesses in Eligible Regions to Participate in a Competition to Develop Original Business Initiatives

Hands Up Lake County

Agency

Foundation

GrantWatch ID#

190500

Funding Source

1TEAM1DREAM

Geographic Focus

USA: California: Lake County

Important Dates

Deadline: 05/31/23

Grant Description

Opportunity for California individuals, entrepreneurs, and businesses in eligible regions to participate in a competition to develop original business initiatives. Successful applicants will receive a cash award and mentoring services. Eligible applicants are those who want to start a business or already own a business in Lake County.

Hands Up Lake County is a small business competition that encourages and nurtures the entrepreneurial spirit in the community. Selected participants will fine-tune their business ideas and business plans and receive training and follow-up support. Thirteen (13) small businesses will be selected in the Established Business category and seven (7) businesses will be selected in the Startup Business category. All businesses in both categories will compete in a “mini-competition” from which five (5, in the Established Business category) and three (3, in the Startup Category) will be selected to advance to a final competition and a chance to win cash awards.

All the finalists will receive cash rewards to help jumpstart their businesses.

The competition provides a unique experience for the participants.

They have the opportunity to get funding for their business ideas.
They get invaluable feedback on their business plan.
They get exposure to the right audience and expand their network.
They learn more and acquire new talent and skillsets.

Recipient

Additional Eligibility Criteria

All Lake County residents who are 18 years or older who have an idea for a start-up business or who own an established small Lake County business are eligible to apply.

The business owner must be a resident doing business in the County either online or in a storefront.

Established Business: An established business has been in operation for 1 year or more.

Start-up Business: A start up business has a documented plan to start a business or has been in business for up to 1 year.

Applicants may reapply if they did not win in any of the previous year's competitions.

Ineligible

Cannabis-related business ideas are not accepted.

Pre-Application Information

How it Works:
- Send your application from March 1 to May 31.
- 20 semifinalists will be chosen in June.
- Semifinalists must attend the 1-day Entrepreneurs workshop on June 24 (Saturday).
- 8 finalists will be chosen during the mini competition on July 29 (Saturday).
- Finalists will join the final workshop with Pitch Lab on August 26.
- Final competition will be on October 15 (Sunday). This gala event will be at Soper Reese Theatre.

In any of the phases of the competition, if an applicant does not respond to a communication from the 1Team 1Dream administration in a timely manner, the applicant may be disqualified.

FAQ: https://1team1dream.net/hands-up-lake-county/#faqs

Number of Grants

Five Established Business finalists and three Startup Businesses finalists will be chosen.

Estimated Size of Grant

Established Businesses:
1st Prize $30,000
2nd Prize $24,000
3rd Prize $18,000
4th Prize $12,000
5th Prize $6,000

Start-up Business:
1st Prize $12,000
2nd Prize $8,000
3rd Prize $5,000

Contact Information

Apply online: https://1team1dream.net/hands-up-lake-county/application/

Email Olga Steele at olgamartinsteele@outlook.com or contact Olga by phone at: 916-849-8170 should you have any questions.

1Team 1Dream
P.O. Box 1646
Lakeport, CA 95453
maryann@1team1dream.net
916-849-8170

Opportunity for California Individuals and Businesses in Eligible Regions to Participate in a Competition to Develop Original Business Initiatives

Hands Up Lake County

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