To participate in the 2024 Metro East Startup Challenge, prospective applicants must meet the following criteria:
1. An entrepreneur starting a for-profit small business enterprise or an existing for-profit small business established after April 30, 2021, regardless of State of initial operation;
2. For existing for-profit businesses, operations headquartered in the nine-plus county Metro East region (Calhoun, Jersey, Madison, Bond, Clinton, St. Clair, Washington, Monroe, Randolph and now open to Macoupin, Montgomery and Fayette Counties!).
3. For an entrepreneur purchasing an existing business, the entity will not be considered a startup. Date will begin with previous ownership.
For pre-venture entrepreneurs, proposed new business operations will need to be located in these twelve counties;
4. No public governmental entities or public/private schools or universities may apply
Due to federal law, businesses concerning cannabis, gambling, or lobbying activities will not be considered for the competition.
A contestant is not eligible to compete in a future competition (under the same business) if they have previously won one of the top 4 prizes.)