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The Sheridan Start-Up Challenge is a new program of the Wyoming Technology Business Center (WTBC) designed to improve the entrepreneurial climate in Sheridan. The Sheridan Start-Up Challenge is supported through the generous gifts from the SEEDA Joint Powers Board, the Homer A. and Mildred S. Scott Foundation, First Interstate Bank, and Davis & Cannon, LLP.
The Start-Up Challenge seeks to stimulate new Wyoming businesses and provide the opportunity to apply for seed money to take the business past concept stage and into real-world first article builds and initial sales. The competition will identify Qualifying Finalists who receive $5000 and will all be eligible to apply to a $50,000 seed fund. All Sheridan Start-Up Challenge Finalists will be required to participate in advising and coaching sessions to prepare for the final Qualifying Pitch Day event.
WTBC staff will advise all Finalists through the full process of building a viable business concept and pitch. The Sheridan Start-Up Challenge is a program of the WTBC, a UW business development program with business incubators located in Laramie, Casper, and Sheridan. The WTBC is a member of the Business Resource Network and reports to the University of Wyoming Office of Research and Economic Development. The WTBC provides full business life cycle advising and coaching through experienced staff with backgrounds in varied fields including software, electronic hardware, capital equipment, industrial chemicals and processes, finance, and sales.
The Sheridan Start-Up Challenge is for new, independent businesses that have the potential for growth. Businesses should be able to sell a product or service outside of Wyoming and still be in the pre-venture, pre-revenue, or initial sales stages. Generally excluded from consideration are the following: real estate syndications, franchises, and brick and mortar retail.