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New Location, New Product, New Equipment
How Will You
Use $50,000?
APPLY BY 5PM ON APRIL 1
Calling all entrepreneurs! LaunchPad is back. Enter Maine’s premier small business competition for your chance to win a $50,000 grant from Gorham Savings Bank. Applications accepted now through April 1.
EVERY BUSINESS COULD USE A LAUNCHPAD
Countdown
This category includes businesses that have yet to generate revenue and are still in the process of developing their core offerings. They can range from those with a business idea or plan to those that have recently opened and are focused on developing products and services.
Ignition
Businesses that have recently started generating revenue. These businesses include any business that is open—whether online or in another format—and has recently started generating revenue.
Launch
More established businesses—those that are generating revenue sufficient for reinvestment in the operation. Whether through a new product or service, or by expanding the business in scale or location, these businesses are focused on building on their initial successes.
WE BELIEVE IN
EMERGING IDEAS
One simple application… two small business grants. Introduced in 2017, the Emerging Idea Award includes a grant of $10,000 along with $10,000 of in-kind business and marketing-related services from our partners. After the five overall finalists are selected, our judges choose an additional five finalists from the remaining applicants to compete for this grant. These finalists will submit 60-second pitch videos to be shown at our live event on June 4.
2018 Emerging Idea Award Winner, NavigatER
Launchpad Junior
WHAT WILL THEY THINK OF NEXT?
Get ready for another exciting LaunchPad Junior competition! Through our partnership with Junior Achievement, three Maine middle schools will be developing a business idea that fills a need in their community and creating a 60-second pitch video to be played at our June 4 event. We’re looking forward to a little school rivalry and seeing what they come up with this time!
2018 LaunchPad Junior 1st Place, Bonny Eagle Middle School
