Entrepreneur Contests are on the Rise Around the World

by / ⠀Startup Advice / August 24, 2010

Photo via FastCompany

Every young entrepreneur is looking for resources, mentor-ship, money, whatever they can find to get their ideas off the ground. A recent Fast Company article shows that there are more and more contests out there for innovative entrepreneurs. These contests are not just in North America but are popping up all over the world.

As the article said: Last month in Lima, Peru, The Innovation Contest of the Americas (TIC Americas, sponsored by the non-profit Young Americas Business Trust in collaboration with the Organization of American States) recognized more than a dozen young entrepreneurs from Central and South America, culled from over 3,200 submissions.

Or in India: In India, one of the world’s burgeoning centers of new entrepreneurship, innovation contests are becoming one of the premier venues for attracting attention from private finance, NGOs and government. “Idea competition is very recent in India,” said Dr. A.S. Rao, an official in the Indian Ministry of Science and Technology who judges these contests from time to time.

If you have an idea, one of the first places you should look is for local contests you can enter. See what kind of resources you can win. Even if your idea may not compete in a global competition maybe you will win  a local chambers of commerce or community college event that will still provide some great resources!

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About The Author

Matt Wilson

Matt Wilson is Co-Founder of Under30Experiences, a travel company for young people ages 21-35. He is the original Co-founder of Under30CEO (Acquired 2016). Matt is the Host of the Live Different Podcast and has 50+ Five Star iTunes Ratings on Health, Fitness, Business and Travel. He brings a unique, uncensored approach to his interviews and writing. His work is published on Under30CEO.com, Forbes, Inc. Magazine, Huffington Post, Reuters, and many others. Matt hosts yoga and fitness retreats in his free time and buys all his food from an organic farm in the jungle of Costa Rica where he lives. He is a shareholder of the Green Bay Packers.