For Immediate Release December 12, 2019
SPONSORS & PROFESSIONAL SERVICE PROVIDERS BEING ACCEPTED FOR THE 2020 SCOTT COUNTY FAST-TRACK BUSINESS CHALLENGE
The Scott County FAST TRACK Challenge, which received the Economic Development Association of MN’s 2018 Program of the Year, is now planning the 4th Annual- 2020 FAST-TRACK Challenge. Scott County businesses have an opportunity to be a part of this Award Winning event and assist an entrepreneur in fast tracking their business to success. Sponsors may provide start-up cash, legal and accounting services, graphic design and web development services or other professional services that would be beneficial to a start-up business.
The Scott County First Stop Shop and Technology Village, Prior Lake hosted the 3rd Annual FAST-TRACK Business Challenge in October, 2019. The event drew applicants from across Scott County, with five finalists pitching their business ideas at a live event. We expect a large turn out this year and encourage all to get their entries in as soon as possible. Final date for entry is August 31, 2020.
Gold sponsors of the 2020 event, will be provided with an opportunity to take a seat on the Judge’s panel and will be provided a chance to showcase their companies.
Professional Service Providers and Sponsors will be invited to the live event and provided a chance to showcase their companies, as well as play a hand in helping the selected winner(s) achieve success. Sponsorship provides local businesses with an opportunity to give back to the greater Scott County community and support economic development and entrepreneurship in the area.
For more information on the FAST-TRACK Challenge, contact Jo Foust, Business Development Specialist with Scott County First Stop Shop at: 952-496-8830 or firstname.lastname@example.org.
“We decided to participate in the competition simply as a way to practice and improve our pitch deck; our expectations were fairly low. Almost immediately it became clear that the competition was much more valuable than we had anticipated. The coaching we received prior to the final competition round was invaluable, as were the connections we made. The benefits received since winning the event have been numerous as well: the accounting services that came as part of the prize package have been invaluable, the shared office space and advising from Tech Village have been a great help, and we have connected with a number of potential investors. All of these benefits have come to us in addition to the fantastic experience we had pitching our product to the esteemed panel of judges. Most importantly, the entire process allowed us an opportunity to rethink our market approach and that has very quickly resulted in a jump in our sales volume this spring. The Technology Village Fast Track Challenge has been a huge benefit to our company, far exceeding expectations. I highly recommend it as a worthwhile exercise for any young Scott County companies.”
— Scott Winters, CEO of Ion Concert Media
PAST WINNERS OF FAST-TRACK BUSINESS CHALLENGE
Hobby Farmer Canning Co. - 1st Place 2019
Medthera: Neurowalk - 1st Place 2018
Ion Concert Media, Inc. - 1st Place 2017
Meet the 2019 WINNER
Hobby Farmer Canning Co./Food/Ag./Beverage Category.
This company is taking the Switchel Fizz beverage to the next level by teaming up with an established company in Scott County. They plan to bring their refreshing brew of apple cider vinegar, ginger and honey, spiced with various flavors, to the retail market! For more information visit: www.hobbyfarmerfoods.com
Meet the 2018 WINNER
Medthera, Inc. Life Science/Health Tech/Aging Category.
Addressing the needs of over 35 million Americans that have mobility impairments which limit or prevent them from walking, Alan Tholkes, and his team invented the NeuroWalk. The “NeuroWalk” is a walk therapy station that allows those with mobility impairments to restore and maintain their health at home through walking-based therapy. For more information visit: MEDTHERA: WEBSITE
Meet the 2017 WINNER
Ion Concert Media is a local company that developed “Museik”, a revolutionary show control platform that allows precise syncs between digital media and live events, with unmatched ease and artistry.