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!