CitizensNet

July 28, 2022

Mayor Turner Launches tenth Annual Liftoff Houston Startup Enterprise Plan Competitors

Purposes are actually open for the Liftoff Houston Startup Enterprise Plan Competitors, the place three winners will every obtain $10,000 in seed cash to fund their desires of entrepreneurship. Purposes have to be obtained by 2 p.m. on Friday, August 19.

The competitors, which celebrates its tenth anniversary this 12 months, is sponsored by Capital One Financial institution and administered by the Houston Public Library (HPL) and the Workplace of Enterprise Alternative (OBO). Since its inception, Capital One has invested greater than $280,000 in startup funding to winners in three classes – Innovation, Product and Service.

“For 10 years, Liftoff Houston has empowered contributors to realize monetary mobility by way of entrepreneurship,” mentioned Mayor Sylvester Turner. “They’ve change into key drivers to the success of Houston’s economic system, and so they have contributed to our communities by creating jobs and by offering much-needed items and providers.”

Liftoff Houston Press Conference

Mayor Sylvester Turner, joined by HPL Deputy Director Nicole Robinson, Capital One Financial institution Market President Yasmin Huebinger, and OBO Director Marsha Murray, acknowledged Liftoff Houston alumni who’ve grown their companies previous the startup section: 2019 Service Class winner Sherhara Downing of SpeakHaus and enterprise companion Christa Clarke, 2016 Service Class winner Jennifer Thai of Superior Bites Co., and 2018 Innovation Class winner Alphonso Roundtree of Social Bevy.

“To be eligible for the competitors, candidates should reside and function their companies throughout the metropolis limits of Houston. The enterprise needs to be for-profit, in operation for lower than one 12 months, and have verifiable income that doesn’t exceed $10,000. Those that will not be eligible to compete can take part within the Academic Pathway, which permits entry to all academic and mentorship parts of this system.

Upon acceptance into Liftoff Houston, contributors attend workshops over a 4-month interval that cowl important enterprise matters together with enterprise planning, advertising, financing and pitching. Contributors additionally obtain further help by skilled mentors from SCORE Houston and Capital One Financial institution to additional refine their enterprise plans, which are required to advance to the ultimate spherical of the competitors. The occasion culminates to Pitch Day on November 5, the place three companies in every contest class are chosen to current their marketing strategy to a panel of judges. All who fulfill necessities of the Academic Pathway obtain a certificates of completion.

“This 12 months’s milestone competitors will show to be one other thrilling 12 months of alternative for Houstonians who’re prepared to maneuver their plans of enterprise possession ahead,” mentioned HPL Director Dr. Rhea Brown Lawson. “We’re happy to be a part of OBO, Capital One and a bunch of different companions in supporting their improvement and desires by way of the availability of free library providers and entry to enterprise and funding reference assets, state-of-the-art expertise, and high-speed Wi-Fi.”

Since its inception, greater than 15,000 people have participated in Liftoff Houston. Of all competitors finalists, 27 winners have began companies in retail, merchandise, labor, consulting, software program, {hardware}, market companies, hospitality, tourism, well being and health, training, finance, expertise, and logistics.

Information collected from the 2021 competitors confirmed Liftoff Houston made an influence in populations which have been traditionally marginalized. Of all contributors, 96% recognized as individuals of colour, 70% had been feminine, 56% had no school diploma, and 41% made under $30,000.

Additionally in 2021, all winners had been girls:

  • Alina Kravchenko of TonerBum (Innovation), a patented glute and leg-toning dumbbell ergonomically designed to suit behind the again of the leg;
  • Krystle Hodge of SafetyKay, LLC (Product), comprising security kits and movies that train youngsters crucial security abilities; and
  • Clara Orlean of ClaraTech (Service), in-person expertise coaching that assists older adults with expertise consulting periods and workshops.

“As we have a good time a decade of Liftoff Houston, we sit up for making an excellent higher influence for Houston’s aspiring entrepreneurs,” mentioned OBO Director Marsha Murray. “This competitors will give you a transparent roadmap that will help you obtain your targets of succeeding as a small enterprise proprietor.”

To use for Liftoff Houston, go to www.liftoffhouston.com. Additionally observe @liftoffhouston on Fb and Instagram.


https://www.houstontx.gov/citizensnet/2022/LiftoffHouston20220728.html

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