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Some Prize Opportunities from Minnesota Cup

Posted on January 06, 2014 at 12:55 PM
Tags: small businesses

Hot Ticket Events.jpgMinnesota Cup, an organization focused on helping entrepreneurs, inventors and small business people conceive, refine, and commercialize breakthrough business ideas, will be hosting several upcoming seminars that should prove quite valuable to anyone who is contemplating a startup or has recently launched a business. All are offered at no cost.

Over the next few months, panels of experts will cover legal, accounting, financing, marketing essentials and more in a new series dubbed Minnesota Cup 101. And a half-day seminar slated for early March takes a comprehensive look at challenges and opportunities for women entrepreneurs.

And, of course, the events will also shine a spotlight on the Minnesota Cup competition, where new-venture companies can compete in several categories for more than $300,000 in seed capital and business guidance from some of the state's must seasoned and successful experts.

Minnesota Cup 101 Series: Legal  - Thursday, Jan. 16, 2014, 7:30 to 9:30 a.m.

The series kicks off with an event focused on the legal aspects of raising capital in Minnesota.  Topics the panel will address include:

  • Proposed changes to crowd funding rules by the SEC
  • An update and discussion of the Minnesota Angel Tax Credit for 2014
  • Tips for structuring follow-on rounds of capitalization (post friends/family, pre-established entity)

Panelists include:

  • Cate Heaven Young, Stinson Leonard Street
  • Brad Lehrman, Soffer Charbonnet Law Group
  • Kevin Spreng, Fredrikson & Byron
Location

University of Minnesota, Carlson School of Management
321 19th Avenue South
Honeywell Auditorium, LL 110
Minneapolis, MN, 55455

Register for the event.

Minnesota Cup 101 Series: Accounting - Friday, Feb. 7, 2014, 7:30 to 9:30 a.m.

It is often said that accounting is the language of business. Cash flow, expenses, income and budgeting are required functions for all companies, regardless of industry or size. This session will focus on the following topics:

  • Entity selection and tax implications
  • The importance of accounting during startup and development
  • Going public

Panelists include:

  • Kevin Besikof, Lurie Besikof Lapidus & Company
  • Jim Schmidt, Eide Bailly
  • Brad Theisen, Eide Bailly
Location

University of Minnesota, Carlson School of Management
321 19th Avenue South
Honeywell Auditorium, LL 110
Minneapolis, MN, 55455

Register for the event.

Minnesota Cup 101 Series: Financing - Friday, March 14, 2014, 7:30 to 9:30 a.m.

One of the aspects of business that entrepreneurs find most daunting is raising start-up capital. With no perfect formula available for fundraising, it’s critical for startups to be informed about their options prior to raising money. This session features a panel of investors and bankers sharing key insights and resources for entrepreneurs looking for startup capital.

Location

University of Minnesota, Carlson School of Management
321 19th Avenue South
Honeywell Auditorium, LL 110
Minneapolis, MN, 55455

Register for the event.

Minnesota Cup 101 Series: Marketing - Friday, April 18, 2014, 7:30 to 9:30 a.m.

The digital age allows nearly any business the ability to reach thousands of people across the globe. There are very inexpensive ways for your startup company to target and attract customers, educate customers about your products and communicate with stakeholders. This session focuses on cost-effective ways startup companies can market their products and/or services.

Location

University of Minnesota, Carlson School of Management
321 19th Avenue South
Honeywell Auditorium, LL 110
Minneapolis, MN, 55455

Register for the event.

Minnesota Cup Women's Entrepreneurial Event - Monday, March 3, 2014, 1 to 7 p.m.

This half-day seminar for past and future Minnesota Cup women participants focuses on specific challenges and opportunities women encounter each day as entrepreneurs, inventors and small business owners. The day includes breakout sessions, a keynote address from Marilyn Carlson Nelson, and a cocktail reception.

If you are an entrepreneur, inventor or small business person either working on an innovative new business concept - or if you have already started on your journey but are generating less than $1 million per year in revenue - this program is for you. Breakout sessions include:

Before You Start a Business

Do you have a great idea? Are you thinking about starting a business? Hear from women who have gone through the early stages of the startup process and can tell you from experience what you need to consider prior to launching your business including insights on co-founders, initial capital and lean testing.

Building a Management Team and Advisory Board

A growing company needs more expertise than even the most skilled founder can provide. Building a management team and advisory board who can offer guidance and advice throughout your startup journey is important. This session will discuss how to create a strong team and form an advisory board of experienced professionals.

How to Finance Your Business

There are several ‘flavors’ of money available to new businesses including banks, angel investment, venture capital, crowd funding, etc. It’s important to understand what’s available to you and the type of financing your company should pursue prior to raising funds.

Legal Basics for Startups

There are many unknowns when starting a company. It’s important to have a good legal advisor when navigating the early stages of your business to avoid serious issues and maximize opportunity. Our panel of legal experts will cover topics specifically relating to startups including raising capital, structuring equity, nonprofits and intellectual property.

Driving Profitable Growth

Companies who are successful at driving sustainable, profitable growth are constantly focusing on their strategy, team, processes and culture. Hear from our panel of revenue drivers on how to grow a company’s top line and create sustainable value.   

Location

University of Minnesota, Carlson School of Management
321 19th Avenue South
Honeywell Auditorium, LL 110
Minneapolis, MN, 55455

Register for the event.


More About the Minnesota Cup

The Minnesota Cup is the largest statewide new venture competition in the country. Entering its tenth year, the competition has provided more than 8,000 of Minnesota's top entrepreneurs with the resources and support needed to launch their breakthrough business ideas. In addition to more than $300,000 in prize money, the program provides business planning support, access to resources and events, professional connections, exposure for their idea, feedback from investors and mentoring for all semi-finalists.


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