2022 RISE Challenge
04/02/2022
0
Days Left
to Enter

The Raising Innovative Sherman Entrepreneurs (RISE) Program is an initiative of the Sherman Economic Development Corporation (SEDCO) to help identify, develop, and fund local entrepreneurs. The program goal is to incentivize young Type-A-eligible companies that will be based in the city limits of Sherman, Texas, and have high potential to expand operations and positively impact the local economy. Full instructions for submission are found in the downloadablle RISE Information Packet. 

Your initial application will be reviewed for eligibility based on the following: 

  • Company age of 5 years or younger as of February 3, 2022
  • Company must be located within or willing to locate to Sherman, TX
  • More than 51% of revenue must come from outside Grayson County within 3 years of winner announcements
  • Company must be Type A eligible and can classify the business with a qualifying NAICS Code. 

Please submit your two-minute "elevator pitch" video to include the following: 

  • Background & current status of the business
  • Describe how winning RISE will benefit your business/idea
  • Essentially, we want to know who you are, show and tell us about your product, how much funding you are seeking from the RISE Challenge, and how those funds will be used to help your business meet its goals. Video does NOT need to be professionally produced, but should clearly describe the above elements.