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An economic development group is launching a competition for entrepreneurs in four northwest Iowa counties. The Iowa Lakes Corridor Development Corporation is sponsoring the Big IDEA challenge in Buena Vista, Clay, Dickinson and Emmet Counties. Trevor Smith, the group’s senior vice president, says business owners are invited to submit a 90 second video that will be posted online in January.
Each of the five finalists will get a cash prize.
Smith says the money and attention from the competition could be a great opportunity to turn a dream into reality.
Similar contests have been held around the state. Last week, a business pitch competition in southwest Iowa called REV 2024 handed out $19,000 in prize money to a pair of start-ups.