In partnership with tech giant Microsoft, the U.S. Small Business Administration (SBA) is organizing a nationwide prize competition to support companies positively impacting the lives of women. From Aug 1 – October 6, 2015, business plan submissions will be accepted for consideration in the InnovateHER 2016: Innovating for Women Business Challenge.

Successful submissions are not limited to, but should at least include the following challenge criteria:

A product or service that has a measurable impact on the lives of women and families (30%)

The potential for commercialization (40%), and

The ability to fill a need in the marketplace (30%)

After finalists are notified on November 2, 2015, the top 10 finalists will be selected to pitch to the panel on November 11, 2015 and compete for up to $70,000 in cash prizes provided by Microsoft. The final round will be held in Washington, D.C. as part of Women’s History Month on March 17, 2016.

All submissions must be sent to info@nw-njsbdc.com by October 6, 2015. To learn more visit sba.gov/InnovateHER.

August 24, 2015