Congratulations to our Innovation Market winners: 3rd place ($1,000): Siouxland Junk Removal, 2nd place ($2,500) Crumb, and our GRAND PRIZE $5,000 WINNER: Furrow Flower Farm!
What is the Innovation Market?
Great Ideas…We’ve all had them, but many ideas never leave the idea phase. Innovation Market strives to bridge that gap from inception to reality! Innovation Market is organized by Siouxland Growth Organization (SGO) and is Siouxland's largest business idea competition. Individuals submit their ideas for a chance to win start-up funds!
Follow our Innovation Market Facebook page for continued updates about the event and additional entrepreneurial features!
Innovation Market Details & Rules
Step 1 (All Submissions)
Attend the Innovation Market event (2023 date: coming soon). Each idea submission will appear anonymously at this event. Each attendee at the Innovation Market event will receive a voting ballot and will vote for which five ideas they want to move on to the SGO member pitch event (there will be a bin at the event for ballots to be placed into). The voting process is ANONYMOUS for both individuals submitting ideas and individuals voting. If you are submitting an idea, you are not allowed to claim or pitch your idea to attendees until after the voting process has concluded. The ballots will be counted and the five finalists will be announced that evening after the keynote speakers.
Step 2 (Five Finalists)
The five Innovation Market finalists will be required to submit a 3-page business plan before the final presentation at the SGO member pitch event. The finalist will have from the Innovation Market until the day of the Monday of the week of the pitch event to complete the business plan. This will be used to guide their final pitch presentation.
Step 3 (Five Finalists)
The five finalists will present their ideas and business plan to the members of SGO and main event sponsors on the night of the pitch event (2023 date TBD). SGO members and key sponsors will cast a ballot to select winners. The first, second, and third place winners will be announced that evening. You must be present to pitch your idea and to win!!!
To be eligible, your idea must be a for-profit entity, your business/idea must reside within a 60-mile radius of Sioux City, IA, and you must be 18 years of age or older.
Questions? Contact Ashley Vande Brake!
Innovation Market Board Member, SGO
P: 712. 301. 5527
Get those ideas ready for the 2023 Innovation Market... details coming soon!