A Business Plan Competition

Calling All Entrepreneurs: Entries are Being Accepted for the BizMIX Challenge

"Entrepreneurs can win start-up funding, coaching from mentors, legal assistance, office space, and other valuable business resources"

Date March 19, 2012 at 4:19 PM

Author Editor

Publication SantaFe.com

Categories Business Local News & Sports

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MIX Santa Fe and the Santa Fe Chamber of Commerce are announcing the launch of the BizMIX challenge, a business plan competition that connects entrepreneurs with funding, guidance from mentors and valuable business development services.

“Entrepreneurs are the key to creating jobs and growing our economy.  We hope this business plan competition can continue our efforts to cultivate local Santa Fe businesses,” said Mayor Pro Tem Rebecca Wurzburger, chair of the Business and Quality of Life Committee, which oversees economic development efforts for the City of Santa Fe.

The grand-prize winner will receive thousands of dollars in start-up funding.  Other winners will receive valuable prizes like workspace and business development services. Judges will give special consideration to businesses that are ready to grow and create high-wage jobs.

“We hope to shine a spotlight on some of our start-up businesses and help them get the tools they need to grow and prosper,” said Simon Brackley, President and CEO of the Santa Fe Chamber of Commerce.

The BizMIX Challenge is divided into three rounds with an easy, straightforward submission form. Anyone with a business idea is eligible to submit an initial business plan via www.mixsantafe.com/bizmix until May 1, 2012 at 6 p.m. MDT.  Second-round finalists will be announced at the third-Thursday MIX event on May 17, 2012.

Following their selection, these finalists will work with experts in the field during Mentor Night on May 24.  Finalists will be asked to submit an expanded business plan by May 31 and do a short presentation to the judging panel.

Round-three grand finalists will be announced at the Santa Fe Chamber of Commerce Business Awards on June 7. These grand finalists will then be invited to market their business idea at another third-Thursday MIX event on June 21, where the grand prize winner will be announced.

Sponsors for the BizMIX Challenge include Northern New Mexico Connect, Phase One Ventures, New Mexico Bank and Trust and Future Santa Fe, as well as the City of Santa Fe, the Santa Fe Chamber of Commerce and the Santa Fe Business Incubator.

If you are interested in being a sponsor please contact Kate Noble at kinoble@santafenm.gov or 505-231-2943.

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