IDEA Competition

IDEA Competition

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IDEA is a Northwest Minnesota competition that turns great ideas into great businesses. This page is information central for updates about the IDEA Competition.

The annual competition provides training, business coaching, and capital to participating entrepreneurs who want to turn an idea into a fast-growth business. Successful businesses require hard work, the right connections, and a flash of inspiration. If you have an innovative business idea, the IDEA Competition will add momentum to your business strategy, whether you've never started a company or y

05/20/2022

Some great news to celebrate this week!

Northwest SBDC celebrated as 'Center of Excellence' while Soyko International, in Gary, Minnesota, is also recognized as Minority-Owned Small Business of the Year! Read more here: www.nwmf.org/northwest-sbdc-soyko-international-recognized-by-sba

04/27/2022

We've announced our 2022 winners!

The IDEA Competition has named its 2022 winners! Learn more here: www.IDEAcompetition.org

04/19/2022

For our Bemidji area friends: Bemidji State University Marketing students will present their mock product ideas from 8 a.m. to 9:15 a.m. Wednesday, April 20, at the Mayflower building. Nine groups of students will present original product ideas that they have worked on throughout the semester using various marketing tools and techniques.
The public is invited to view their products, presentation, and score each group.

03/17/2022

From one of our great sponsors: a free training to help small business owners understand the state of the global supply chain. Learn more: https://bit.ly/3whb2YE

A free training, hosted by the Northwest SBDC, the University of Minnesota Crookston and the Northwest Minnesota Regional Development Commission, will help small business owners understand the state of the global supply chain. Registration is required! Learn more here: https://bit.ly/3whb2YE

03/08/2022

We've named three finalists! Winners will be announced this spring! https://www.nwmf.org/idea-competition-names-finalists/

The IDEA Competition has named its finalists! Three finalists were chosen from 16 participants; winners will be named this spring. Read more: https://www.nwmf.org/idea-competition-names-finalists/

Muskox Eyes Market Expansion for Snowblower Attachment : CEG 03/08/2022

Did you see this article featuring one of our past winners? We love to hear updates from our past winners and participants! Muskox won first place in the IDEA Competition in 2020.

Muskox Eyes Market Expansion for Snowblower Attachment : CEG For many in the design and architecture industries, less is more is a mantra. For the Bergmans, that principle held true with the October 2020 launch of their Muskox bi-directional snowblower attachment.

IDEA Compeition - Application run-through 12/02/2021

The third part of our three-part video series highlighting the IDEA Competition does a step-by-step walk-through of the application process and what is involved. We do not expect you to have your great idea all detailed and planned out! We just want to learn more about what your great idea really is!

Learn more here:

IDEA Compeition - Application run-through

IDEA Competition - What is the process? 12/01/2021

Today’s video shares details on what the process will be for this year’s IDEA Competition. Phil Knutson, the director of the NWSBDC, walks through the process in this short video, available here. Want to learn even more? Visit IDEAcompetition.org

https://www.youtube.com/watch?v=dvaSa0liTEs

IDEA Competition - What is the process?

IDEA Competition - Who should apply? 11/30/2021

Watch this short video (2 minutes) that speaks to who is the ideal person to enter the IDEA Competition. Then, when you are ready to learn more about the IDEA Competition, visit IDEAcompetition.org

https://www.youtube.com/watch?v=WHZDnsNo3C8

IDEA Competition - Who should apply?

11/24/2021

This is a great time to learn more about this year’s IDEA Competition! Visit IDEAcompetition.org to view short videos that provide a walk-throughs of the application process and the actual competition process.

Still want more details? View the full recording of last week’s Virtual Kick-off Event, featuring a panel discussion past winners and one of our amazing partners.

11/22/2021

Interested in learning more about the IDEA Competition? We’ve launched a series of short how-to videos that provide walk-throughs of the application process and the actual competition process. Learn more here: IDEAcompetition.org

11/17/2021

Our Virtual Kick-off is TODAY!

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