Newark will soon be home to an official chapter of “Startup Grind,” an entrepreneurship community backed by Google for Entrepreneurs.
This Wednesday at 6 p.m., learn the presentation skills you’d need to get money for your business by watching local startups pitch investors downtown Newark.
Gerard Adams made his first million by age 24, cofounded Elite Daily at 27, sold it to Daily Mail at 30, made Business Insider’s list of top entrepreneurs under 35 and became a Silicon Valley star along the way.
Now the 31-year-old entrepreneur has built a startup accelerator in Newark in an effort to help create more successes like himself. Meet Fownders Newark. (And no, it’s not located downtown.)
The EB-5 immigrant investor program lets foreign investors obtain permanent resident status in the United States. At a recent investor conference in Newark, it was cited as one of a series of creative tools developers can use to get deals done, but EB-5 is not without controversy.
New Jersey’s entrepreneurs and small business owners still have the opportunity to enter the 2016 Start Something Challenge (SSC), as the competition’s deadline has been extended to 11:59 p.m. today, Thursday June 30, 2016.
Hosted by Rising Tide Capital, a nonprofit organization dedicated to empowering entrepreneurs to start and grow successful small businesses, the SSC is a business pitch competition with more than $25,000 in cash and prizes for New Jersey’s entrepreneurs, including a $10,000 first prize.
“We had so many calls this morning from people who were asking us if it was too late to enter the competition, that we decided to go ahead and extend the deadline,” said Esther Fraser, Director of Communications at Rising Tide Capital. “We want to give entrepreneurs the opportunity to participate in, and benefit from the competition, and we want to make sure that they are able to get their entries in comfortably.”
To enter the SSC, entrepreneurs must create a 30-second video about their business or business idea using the online tool Animoto. Next they need to write a, 150-word business description and upload both the video and description to the Start Something Challenge website and YouTube.
As soon as they enter the competition, they may begin promoting their videos. The six entrepreneurs with the most video views in each of the 5 sectors by noon on July 6, will move on in the competition. After another round of viewing and voting, 10 entrepreneurs, 2 from each sector will pitch their businesses before a group of judges on July 28.
How to make an Animoto video for the Start Something Challenge
How to upload to YouTube for the Start Something Challenge