Aleutian Marketplace Competition
The Aleutian Marketplace Fellowship Competition has been developed to improve the outcomes for small business development in the Aleutian-Pribilof region by taking advantage of established training and mentorship opportunities at statewide events that cater to innovators and entrepreneurs. Special thanks to the sponsors of this project: GCI, Wells Fargo, TelAlaska, Aleut Corporation and APICDA.
Materials for December 13, 2019 deadline!
Cover sheet for competition to be submitted with Lean Canvas to: firstname.lastname@example.org.
Phase 1 (Participation):
The Aleutian Marketplace Fellowship competition officially kicks off at the Aleut Corporation Villages Conference in Anchorage, Oct. 10, 2019. There are multiple ways to participate and residents are encouraged to engage in as many of the following activities as possible:
Attend three one-hour workshops via webinar (or in Anchorage) on selected topics and earn a $25 Amazon gift card for attendance. The first workshop is scheduled for Tuesday, October 22, 6 to 7 p.m. The focus of the workshop will be the Canvas business model template (https://canvanizer.com/new/lean-canvas) that is required for submission by Dec. 13, 2019. RSVP attendance to email@example.com. The second workshop will be held Tuesday, November 19, 2019 at 6 p.m. The third and final workshop will be held Thursday, December 5, 2019 at 6 p.m.
Fill out this short on-line form describing the business concept and be entered to win a $100 Amazon gift card. Due by 11:59 p.m., December 5, 2019.
Phase 2 (Business Model Submission):
Participants submit a condensed business model using the required lean canvas template. An independent judging panel scores the models to determine the top three finalists. All participants receive a $50 Amazon gift card for a completed submission. Submission due date is Friday, December 13, 2019.
For more information about the template, please email firstname.lastname@example.org or call Jake Carpenter at 907-586-0161. One entry per person. Former winners may not submit a concept that has already won. Businesses may not sell or promote the use of tobacco, drugs, alcohol or firearms. See additional eligibility requirements in second column.
Phase 3 (Finalists Announced / February 2020 Event Attendance):
All three finalists will attend the Innovation Summit held in Juneau, February 26-27, 2020. Travel, registration, lodging and per diem will be provided. After the two-day summit, a third day will be dedicated to learning the art of the pitch and filming a final short video to explain their business concept to the judges. A template will be provided to guide each finalist. Judges will score videos to determine the final ranking of the finalists.
Phase 4 (Finalists Ranking Announcement):
Grand Prize: $7,000 in seed money, three fully funded entrepreneurial-focused conferences or trainings, and $1,000 for attendance at each event up to $3,000.
2nd Place: $5,000
3rd Place: $3,000
Phase 5 (Fellowship):
Attendance at three entrepreneurial-focused conferences or project specific trainings. Travel, registration, lodging and per diem will be provided in addition to $1,000 for each event attended.
This is a regional competition; only permanent residents and former residents of the 12 TAC and APICDA communities are eligible to participate.
Current full-time employees of TAC or APICDA or their subsidiaries are not eligible to participate.
Anyone may attend the workshops, but only individuals who meet the requirements of the competition will receive the workshop incentives.
New businesses must be located in one or more of the 12 TAC and APICDA communities noted below.
ADAK, AKUTAN, ATKA, COLD BAY, KING COVE, NIKOLSKI, FALSE PASS, NELSON LAGOON, SAND POINT, ST GEORGE, ST PAUL and UNALASKA
The organizers reserve the right to use the following information about each business model to publicize the event: the names of all participants, the name of the businesses, a brief description of the business provided by the participant and any pictures taken at the competition.
Participation in this competition gives no guarantees, expressed or implied, to any potential future funding beyond the stated prizes. Participants agree that the organizers of the competition are not liable for any direct or indirect damages, including any loss of revenue that may or may not be related to business advice received in conjunction with the competition.
This competition does not constitute an offer to sell or solicit an offer to purchase securities. This competition is merely a forum for entrepreneurs to present their business ideas, and for entrepreneurial businesses to hone their business plan writing and presentation skills. Neither the Aleutian Pribilof Island Community Development Association (APICDA), the Aleut Corporation (TAC), the Aleutian Marketplace Competition, nor any other person or organization connected with the competition makes any representation as to the reliability of the information provided by contestants.