This year’s competition will highlight new, high growth potential business concepts in a variety of industries. Entrepreneurs working in all fields and focus areas are encouraged to apply. Preference will be given to novel, early stage ideas that have the potential to grow into highly-successful companies.
According to the announcement (Will This Float_Applications Open_2017) earlier this week, submissions will be narrowed to a maximum of eight finalists that best meet a set of five assessment criteria. Cash prizes of $1,000 and $500 and $250 will be awarded to three winners at the culmination of the competition.
Prospective participants must submit their business concepts by October 3. The competition, which is a key part of “Startup Week Chattanooga,” will take place from 6 to 9 p.m. October 16 at River Place. Tickets cost $5 in advance or $7 at the door.