Congratulations to the Winners of the 2023 8th Annual Ignite Cup

1st Place
QoL Devices - $7500
MN Cup Seat Finalist

2nd Place
SAB Co. Software - $5000

3rd Place
StableFeed - $2500


Congratulations to the Minority & BIPOC
Prosperity Initiative Award Winners

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HOW THE COMPETITION WORKS

Application Period: Ended Feb 24th

· Each Startup completes an online application using YouNoodle platform (login required).

Initial Review Period: Feb 25-March 2

Semi-Finalist Notification: March 3

· Semi-Finalists review round.

March 4-March 8

· Finalist Notification: March 9

· Finalists receive mentoring, Path to Pitch classes, and work on the final pitch deck presentation.

· Finalists present to a panel of judges at the event on 3/30/23.

· Judges award 1st, 2nd, and 3rd place cash award winners, a SE MN Entrepreneur who will advance to the Semi-Finalist MN Cup competition, and a Student (college enrolled) from the 20 County SMIF Region.

· Audience selects People’s, Choice Winner.

What is the Ignite Cup?

A regional pitch competition, sponsored by Red Wing Ignite and Southern Minnesota Initiative Foundation, was created to elevate entrepreneurs and emerging startups as a feeder to the statewide MN Cup competition. Finalists present their idea/business to a panel of judges made up of entrepreneurs, investors, business/regional leaders, and an MN Cup representative.

All applicants receive feedback on their idea/business and application, and exposure to a diverse group of people in the MN Startup community.

Applications must be received between Jan. 9th - Feb. 24

The 20 county region


E1 IGNITE CUP AWARDS

MN Cup Semi-Finalist Seat

• Awarded to Top Winner of 11 County-E1 Region.

MN Cup Semi-Finalist Student (college enrolled) Seat

• Awarded to Top Student of the 20 County SMIF Region.

People's Choice Award

• $500 cash prize

1st Place Cash Award

• $7,500 cash prize

• 1:1 Debriefing and Strategy Session

2nd Place Cash Award

• $5,000 cash prize

• 1:1 Debriefing and Strategy Session

3rd Place Cash Award

• $2,000 cash prize

• 1:1 Debriefing and Strategy Session


Event Schedule

4:30 pm-5:30 pm Networking/Registration

5:30 pm-5:45 pm Welcome, Introductions

5:45 pm-6:00 pm Speaker(s)

6:00 pm-7:00 pm Pitches

7:00 pm-8:00 pm Judging/Networking

7:30 pm Winners Announced


Congratulations to our 6 finalists

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