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February 19, 2023 | Shannon Smith

Five days left to apply for the Ballard Innovation Award

$50,000 in capital, video development, tax advisory services, and more? Sign us up!

East Tennessee start-ups, you don’t want to miss the chance to win $50,000 in capital and in-kind professional services to grow your business.

Applications for PYA’s 2023 Ballard Innovation Award are due this Friday, February 24.

The top five finalists will be invited to a live pitch competition on March 21st at the University of Tennessee Research Park at Cherokee Farm, during which the top three winners will be selected.

“As we once again open the floor for entries for the Ballard Innovation Award, it is our goal to highlight and help East Tennessee entrepreneurs with supportive strategies that further their entrepreneurial efforts,” said Marty Brown, President and CEO of PYA. “This award allows us to connect with those innovators to help them grow and thrive as an established part of our community.”

The Ballard Innovation Award competition is open to any early-stage company in the East Tennessee area that has established a “proof of concept” with accompanying revenue. Applicants must present a business plan to optimize existing business operations by reducing costs, increasing revenues, and/or gaining new efficiencies while demonstrating clear innovations to improve the business and empower the consumer.

Past winners include Prep Wizard, 490 BioTech, and RegScale, all of whom took advantage of the video services included in their prizes to better promote their businesses. Click on their names to watch their videos.

For more information on the award, including a prize breakdown and eligibility requirements, click here.

Apply here by Friday, February 24.


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