The idea behind this program is to expand the entrepreneurial ecosystem that is already developing in Reno – Tahoe area, and develop an entrepreneurial ecosystem in rural Nevada. This will include supporting entrepreneurs with:
- Mentorship,
- Access to capital, and
- Networks of entrepreneurs.
Through partnerships with existing resources such as Great Basin College, StartUpNV, Entrepreneur’s Assembly, the Nevada Small Business Development Center and Nevada Cooperative Extension, we will create an entrepreneur network that has less separation between rural entrepreneurs and Nevada’s population centers. It will be comprised of mentors, entrepreneur support organizations, government entities, founders and investors. This will increase Nevada’s resiliency in the face of downturns and increase the economy statewide.
This entrepreneur network will create a complete ecosystem of entrepreneurs, mentors, and investors resulting in successful business development across Nevada. Utilizing the networks and resources of this partnership, we will develop Entrepreneurship program for rural Nevada, and eventually develop a statewide business incubator and economic development driver for entire state.
As a part of this program, we want to support rural Nevada business talent through:
NEVADA RURAL PITCH DAY COMPETITION
The first annual Nevada Rural Pitch Day Competition is an opportunity for anyone in rural Nevada with a business idea or existing business to pitch their concept, gain expert advice, and possibly win a cash prize to kick their idea or pivot into action!
To register for Rural Nevada Pitch Day Competition as a participant presenting your project, click on the Register button below.
If you are Las Vegas, North Las Vegas, Henderson, Reno or Sparks resident you will not qualify to present your project. These areas are not considered Rural Nevada.
You can also join us as a visitor for a full day of education around entrepreneurship and financing, with panel discussions. To reserve a virtual seat for the Nevada Rural Pitch Day Competition go to Register as Guest button below:
Ι NEVADA RURAL PITCH DAY COMPETITION - EDUCATION SCHEDULE:
To prepare participants for this Pitch Competition, we will deploy series of online training, information sessions, and consultations to prepare you for your Pitch Day competition.-
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May 15, 2020 - Recording 1: How to use Zoom to participate in Live Sessions.
June 2, 2020 - Recording 2: Are you Ready to be an Entrepreneur and Validating Your Idea (will include Value Proposition, NABC method, Concept Statement test, and an introduction to the Business Model Canvas.
Homework: Value proposition; customer validation plan and questionnaire; collated results of any interviews
August 6, 2020 - Live Session One: Office hours with Karol and Liz or Maggie – value proposition and customer validation
August 13, 2020 - Recording 3: Deconstructing Customer Validation research
Homework: Create cost analysis
August 20, 2020 - Recording 4: Business Model Canvas
Homework: Complete all sections of Business Model Canvas
September 3, 2020 - Live Session Two: Office hours - questions about BMC and customer validation
September 10, 2020 - Recording 5: Market Research instruction - Case Study TAM SAM SOM - Homework: Target market description, demographics and estimated market size
September 24, 2020 - Recording 6: Pitch Instructions - Homework: Create a pitch deck and script for your pitch
Live Sessions - Office hours:
October 8, 2020 - Questions and review of TAM SAM SOM - Homework: complete and submit pitch deck
October 22, 2020 - Pitch decks questions and review
October 29, 2020- Pitch Practice
Office hours Zoom meeting: https://us02web.zoom.us/j/82747600929 (Meeting ID: 827 4760 0929 )
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Ι NEVADA RURAL PITCH DAY COMPETITION - RULES AND GUIDELINES:
To learn about Nevada Rural Pitch Day Competition rules and requirements follow the link below:
Nevada Rural Pitch Day Competition Guidelines and Rules
Nevada Rural Pitch Day Competition - Judges Scoring Parameters
Ι NEVADA RURAL PITCH DAY COMPETITION - SPONSORSHIP INFORMATION:
If you are interested in sponsoring or need additional information please contact:
Patricia Herzog
Director, Rural Economic and Community Development
Phone: 775-687-9911
E-mail: pherzog@diversifynevada.com
Ι SPONSORS AND PARTNERS:
Our main sponsors and level of sponsorship are:
- NV Energy - $2500
- StartupNV – Free entry to AngelNV, the angel group that will invest $200K into one Nevada based business. The angels start in January and will whittle the pool to 12 and then 6 companies on which they will learn to do due diligence and ultimately make an investment. The announcement will be made on March 25th. Normally to apply, the fee is $150.
- Audacity Fund - FounderDoctor™ Start-up Package ($1500 value) to the 2nd place winner of the pitch competition. The package includes: 1 Visioning Session and 3 Support Sessions
- NSBDC - $1000
- NNRDA – PSA radio ads on Ruby Radio to promote the event
MAIN SPONSORS:
PARTNERS:
