Business Plan Competition
“StartUP Bristol” is a business plan competition to encourage small business owners and entrepreneurs to locate in Bristol. For purposes of this project, a business startup is defined as a company that is in the initial stages of operation (under three years of operation) with the intent of growing in the near future. Ideally, the company is developing a product or service for which there is demand. Startups interested in applying for this competition may:
(A) be currently operating in Bristol or
(B) be operating outside of Bristol but willing to relocate to Bristol following award, or
(C) be in the concept stage with no formal operations, but must commit to locating in Bristol
following award and legal business formation.
A limited number of grant awards ranging from $20,000 to as high as $50,000 will be made to eligible businesses at the sole discretion of the Committee. Award decisions will be based on scoring criteria, including but not limited to:
- Originality of the business concept
- Potential for success based on anticipated market demand, competitive landscape, marketing strategy, business sector, and other factors
- Number of full-time or part-time positions anticipated within three (3) years
- How the applicant’s background translates to starting/operating a successful business
How to Apply
The 2017 Application period has now closed - thank you for applying.
For more information, call the BDA at 860-584-6185.