The Tuscaloosa Innovates Business Plan Competition has Concluded

The 2020 Winners!

presenters at the aldag competition

Virtual Competition

Due to the challenges faced by all of us with the COVID-19 pandemic, the annual community business plan competition is going virtual. Read more in the press release.

Dates and Deadlines

Although the competition is virtual, there will be a video chat component that happens live on the afternoon of May 28. Click here for an overview of the competition format and additional guidelines. Click here to see the judging criteria.

  • Intent to Compete Submission: May 12
  • Presentation Video Uploaded and Business Plan Portal with Slide Deck created in StartupWind: May 20*
  • Virtual Competition Date: May 28
  • *These deadlines are at midnight (11:59 PM CST) on the date listed.

Click here for detailed instructions about the video submission and creation of the business plan portal. Additional video recording tips are available here.

Information Sessions

To help competitors prepare, two virtual information sessions will be held. During these sessions, the AEI team will discuss the judging criteria, presentation tips, and answer questions about how the virtual competition will operate. These information sessions are optional, and the information covered will be the same so attending both won’t be needed.

  • Information Session 1 – Wednesday, May 13 from 12pm-1pm CDT
  • Information Session 2 – Thursday, May 14 from 5pm-6pm CDT

If you’d like to attend one of the sessions, please RSVP using this link. The details for joining the session will be emailed to everyone that has RSVP’d before each session begins.

Awards

New this year is a grand prize award of $10,000 sponsored by the Tuscaloosa County Industrial Development Authority and up to $5,000 in funding to be awarded by sponsors from the Tuscaloosa Banking community. Other competition awards are sponsored by the Alabama Small Business Development Center and the Alabama Entreprenuership Institute.

Grand Prize: $10,000

(Sponsored by TCIDA)

First Place

$5,000

Second Place

$3,000

Third Place

$2,000

Up to $5,000

(Tuscaloosa Banking Community Award Fund)

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Thank you to all of our sponsors, including our additional event sponsors.

 

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