Apply Now for PTP Next Business Competition
By Jeremy Summers, NCBiotech Writer
The business competition offers region-wide competition for high potential, scalable Triad startup companies. Awards include critical, seed-funding grants for companies in need of raising capital as well as access to a broad network of mentors and business professionals that will help startups successfully reach their next stage.
The competition targets innovation-based entrepreneurial companies headquartered in the Piedmont Triad. The organization looks for companies with “unique products, processes and/or technologies that address large, growing markets with a scalable business model,” according to its website.
PTP Next is accepting early applications online through February 11. The final application deadline is February 25. The competition continues with semifinalist and finalist phases until winners are announced May 8.
Grants from the competition usually range from $15,000 to $20,000. Exact amounts are based on what the competition judges deem to be the best use of funds.
Info session to offer pointers
The information session will provide potential grant applicants with helpful advice on what NC IDEA and PTP Next look for in an application. NC IDEA will share pointers and best practices for writing a clear, concise application.