Scott Co. taking applications for Fast-Track Business Challenge

Scott County is now take applications for its Fifth annual Fast-Track Business Challenge. The deadline for applications is August 31, 2021. Applications may be submitted through the website
The Fast-Track Business Challenge is for first-stage businesses and businesses with new product or service ideas, currently located in or willing to locate in Scott County. The goal is to assist entrepreneurs and put their business ideas on the fast-track to success, resulting in job creation and enhanced economic development in Scott County. This “Shark Tank” like competition is hosted by the Scott County CDA - First Stop Shop and Technology Village Business Accelerator, in Prior Lake.
The benefits for the selected winner(s) include:
- Start-up cash funding and professional service package(s).
- Mentorship opportunities with experienced industry leaders.
- Access to business and financial planing resources.
- Access to Class A shared office space and meeting facilities.
- Networking opportunities with other business entrepreneurs.
- Media exposure.
To be eligible:
- Applicants must reside in Scott County or be willing to locate their business in Scott County.
- Applicants must have a viable product/service idea.
- First-stage businesses in Scott County or a new product or idea.
- Applicants may not be a member of the Technology Village Board.
Categories applicants can enter in are energy/clean tech/water; food/agriculture/beverage; general/other; high tech; life science; health tech; personal care solutions and professional services.
The Fast-Track Business Challenge helps people focus and organize their business ideas, develop a pitch and receive valuable feedback on their product or service. Free assistance is provided to help people prepare for the event through the Open to Business Scott County Business Advisor and Technology Village Board. As a participant in the Fast-Track Business Challenge people will be presented with opportunities to connect with other emerging entrepreneurs, industry leaders and representatives from the investment community.



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