Welcome to the Liftoff Houston Start-Up Business Plan Competition Website!
Follow us on Twitter and Facebook @LiftoffHouston for competition updates and additional resources!
Liftoff Houston, the City of Houston's annual business plan competition is an entrepreneurial initiative aimed to empower Houstonians with business literacy education and mentorship to start their own business while contributing to the local growth and sustainability of the Houston economy.
To be eligible, applicants must be in the start-up phase of their business which means they either must have a developed business idea or have a business in operation for less than one year with revenue of less than $10,000. Contestants must live in the Houston city limits with their business in the Houston city limits. Capital One Bank is the key sponsor for this event providing cash prizes totaling $30,000.
The competition will take place in four stages – orientation, workshop, mentoring, and presentation, over a 5 month period. Applicants will participate in a myriad of workshops ranging from business plan basics to raising capital, as well as information sessions on essential City of Houston business resources available through the Houston Public Library (HPL) and the City's Office of Business Opportunity (OBO.) The goal is to enable individuals to successfully research and develop their business plan. Applicants will also receive additional support from professional mentors from SCORE Houston and Capital One Bank to further refine the business plan for submission.
This year there will be three award categories: Product, Service, and Innovation.
$10,000 – Awarded for top “Product” Based Business Plan (Retail, resale, merchandise, etc.)
$10,000 – Awarded for top “Service” Based Business Plan (Food, labor, consulting, etc.)
$10,000 – Awarded for top “Innovation” Based Business Plan (Software, Hardware, inventions, new market businesses, etc.)
TBD - May/June 2018
Liftoff Houston occurs once per year. Follow us on Facebook and/or Twitter to find out when the application will open for the 2018 program year!
The competition will be mainly held online at www.liftoffhouston.com and the workshops will be held at multiple locations across Houston.
Contestants only need to register for ONE session of each topic. Each topic is offered multiple times to allow all contestants more than one opportunity to attend. Please do not sign up for more than one session.
WHO IS ELIGIBLE?
To be eligible, applicants must be in the start-up phase of their business which means they either must have a developed business idea or have a business in operation for less than one year with revenue of less than $10,000. Contestants must live in the Houston city limits with their business in the Houston city limits.
HOW DO I GET STARTED?
Step 1: You must first create an account on this website. Click "Signup". (Once you completed creating a account the website will send you a confirmation email to confirm you have a working email.)
Step 2: Complete the "Application" for the competition located on your dashboard once you login. (Applicants who create an account but do not complete an application by July 16, 2017 will not be eligible for the competition.)
NONCOMPETING PARTICIPANTS ARE WELCOME!
Liftoff Houston offers workshops series to non-competing individuals to help create a business plan and start their business! Simply RSVP using the links above to attend Liftoff workshops!
Please note: Liftoff team members are available Monday-Friday 8a-5p. Calls or e-mails outside of regular business hours will not be returned until the following business day.
City of Houston-Office of Business Opportunity