Starting 11 is proud to announce that our team has earned a semifinalist spot in the Minnesota Cup venture competition's high tech division. Minnesota Cup is the largest statewide startup competition in the nation, with entrepreneurs competing in eight divisions.
Over 500 teams entered MN Cup this year, with only 80 teams advancing to the semifinal round. Over $450,000 in prize money is at stake.
Starting 11 is one of 2017's 10 high tech division semifinalists; see the full list of semifinalists here.
Semifinalists meet with experienced mentors throughout the summer to craft detailed business plans, and three finalists from each division will be chosen to present final business plans in August.
Winners from each of the eight divisions will be announced in late summer. Each division runner-up will receive $5,000, while division winners receive $30,000 and a shot at the $50,000 grand prize and $20,000 second prize to be awarded at the MN Cup awards celebration on October 9 at the University of Minnesota.
More than 13,000 Minnesotans have participated in MN Cup since it began 13 years ago. Finalists have gone on to raise more than $230 million in capital to support the development of their ideas, create jobs, and broker numerous business partnerships, collaborations and distribution agreements.
Learn more at www.mncup.org.