SALT LAKE CITY, Jan. 28, 2013 /PRNewswire/ — Grow America(SM) (www.GrowAm.com), an organization that is working to stimulate the economy by uplifting and supporting entrepreneurs, is premiering its national program with the launch of a $35,000 Innovative Product Competition as the first step in its expansion strategy for 2013.
Today Grow America invites entrepreneurs to celebrate and participate in the launch of its national platform with its first online competition, beginning today, Jan. 28. In 30 days, on Feb. 26, the Innovative Product Competition will award $35,000 to three winning companies ($20,000 for first place, $10,000 for second and $5,000 for third). The competition is hosted on CrowdLift(SM), a new online platform that lets entrepreneurs use their community, the social community and entrepreneurial networks to provide votes and to help the best innovations rise to the top.
Entrepreneurs can come to the Grow America site to compete, to leverage socially-curated information, to vote for great product ideas, and to access the entrepreneurial hub that includes Grow America’s new downloadable resource: Entrepreneur’s Guide to Breakaway Growth.
The free guide includes the following content to help current and prospective entrepreneurs start and grow their ventures:
- The Essential Characteristics of an Insanely Successful Entrepreneur
- The Insider’s Guide to Building a Billion-Dollar Business Plan
- Funding 101 for Passionate Entrepreneurs
- The 7 C’s of Effective Hiring
- How to Surprise and Delight Your Customers
- What a Serious Investor Will Ask You About Your Business
Alan E. Hall, founder of Grow America, is a consummate entrepreneur, investor, philanthropist and author. He launched the organization in early 2012 after observing a hardworking neighbor fall asleep at a meeting. Hall later learned the man had been laid off, and was working at three low paying jobs simultaneously to support his family.
Hall asked a company in his angel investment portfolio to hire the man for a suitable position and covered the cost of his initial salary. However, the experience made him wonder how many other Americans, like his neighbor, are unemployed, underemployed, or are working in environments of undue stress in faltering corporations.
Hall founded Grow America with the singular mission of helping thousands of businesses to grow and by doing so to create hundreds of thousands of jobs. Following a successful pilot in Utah, Grow America is now opening its doors to the entire U.S. to support ventures at three stages: idea phase, startup, or ready to grow.
“Entrepreneurs are perhaps the most critical element of our national and global economy,” said Hall. “Job creation depends on an ecosystem that can help fund, launch and support our growing and new companies. We want to do all within our power to provide entrepreneurs with access to the funding and resources they need.”
“Six million companies begin every year, and they need tools, technology and mentoring resources to succeed,” said Mark Hurst, Grow America CEO. “We consider this program and platform to be an essential endeavor and are very excited to use these new resources to serve entrepreneurs in America, and ultimately throughout the world.”
To view a video of Alan Hall’s Grow America story and to download the resource kit, visit www.growam.com. To view entrant companies or to submit an entry, go to www.growam.com/competition.
About Grow America
Grow America is a company with a mission to help entrepreneurs be successful, help them build their companies and grow local economies. As an organization, we align partners, mentors and capital that the entrepreneurs need to create, launch and grow successful companies. (For more information, visit www.GrowAm.com.)
Cheryl Conner, Snapp Conner PR
SOURCE Grow America