The 2023 Casper Start-Up Challenge is in its final week of accepting applications, and entrepreneurs in the Casper area are encouraged to participate.
Through IMPACT 307, a business development program of the University of Wyoming, the Casper Start-Up Challenge is a program designed to support and promote innovative startups and entrepreneurs. The program provides a platform for participants to showcase their ideas and assist with economic development in Natrona County.
IMPACT 307 is a not-for-profit business incubator system that provides startup and early-stage companies with the expertise, networks and tools necessary for the development of successful businesses. It is administered by UW’s Office of Research and Economic Development.
“We’re thrilled to announce the 2023 Casper Start-Up Challenge,” says Eric Schlidt, director of IMPACT Casper. “This program is a great opportunity for entrepreneurs to showcase their ideas and receive the support they need to grow their businesses. We’re confident that this year’s participants will bring some amazing companies to the table and help drive the local economy forward.”
While applications are being accepted until Feb. 8, Schlidt encourages everyone to submit early.
“Our team is reading these applications daily and providing feedback to the entrants to strengthen their submissions,” he says. “The application is free, simple and easy for anyone with an entrepreneurial idea.”
To register, go to www.impact307.org/casper-challenge.
Ten semifinalists will be selected, and semifinalist interviews will take place the week of Feb. 20. The judges will then narrow the field to five finalists who will work with IMPACT Casper staff on their final pitches.
The competition will culminate in a Pitch Night competition Thursday, April 13, where participants will present their businesses to a panel of judges, who will then select the winners based on criteria such as viability and potential for growth.
IMPACT Casper has a seed fund that has grown to $100,000 through local donations, including from the TW Foundation.
“The community has really shown the desire to grow and work with more entrepreneurs, and we cannot be more pleased,” Schlidt says. “This year, we are hosting the final Pitch Night at Casper College and, as always, we are excited about the work their students and faculty can bring to this event.”
The Casper Start-Up Challenge is sponsored by the TW Foundation, Advance Casper, First Interstate Bank, Hilltop Bank, Oil City News and WIDC Frontier CDC.
For more information, call Schlidt at (307) 315-6401 or email firstname.lastname@example.org.