Friday, June 26, 2015

Startup in a Day

The Startup in a Day initiative aims to make it easier for entrepreneurs to start a business by reducing the amount of time it takes to register and apply for permits and licenses on the local level. Cities and Native American communities across the United States are encouraged to get involved.

The SBA is conducting two prize competitions for U.S. cities and Native American communities. Both competitions will award prizes to support the development, implementation, and improvement of online tools that will let entrepreneurs learn about the business startup process in their area, including how to register and apply for all required local licenses and permits, in one day or less.

Startup in a Day Competition – Start Small Model: The first competition will award up to 25 prizes of up to $50,000 each for cities. Up to two (2) prizes of $50,000 each are available specifically for Native American communities.

Startup in a Day Competition – Dream Big Model: The second competition challenges cities and/or Native American communities to develop an “open source” Startup in a Day solution, which can be replicable and scalable to other localities. One (1) $250,000 prize will be awarded.

For information on how your city and/or Native American community can take the pledge, please email startup@sba.gov

No comments: