Thank you for participating!

The 2021 StartUP! Competition is now closed to new entrants.

Finalists will be selected in late March

Final pitch and winners will be announced in April

What is the program?

The StartUP! Competition is a 4-month program for Queens-based startup founders and small business entrepreneurs who are at the early stages of developing their businesses. The program is run by Queens Economic Development Corporation. We believe that inclusion is an economic imperative and entrepreneurship is open to everyone, regardless of your gender, race or birthplace. This program is funded by a grant from Resorts World Casino New York City and supported by the Queens Public Library and Srivastava Technology Fund.

Program dates: Participants can enter the program anytime between November 1, 2020 and March 1st, 2021. The applications are due March 1, 2021 23:59:59 EST

What does the program offer?

Our 4-month program is completely free. Participants are provided with high level entrepreneurial classes, a diverse peer-to-peer community, support from QEDC advisors & mentors and four $10,000 grants. During the 4 months, participants can leverage the program resources and network to start and grow their startup businesses. Qualified teams will be able to enter the competition and have an opportunity to win a $10,000 cash prize.

How does it work?

▸ Attend 4 out of 8 online workshops. You can see the schedule here. If you missed them, no worries: they are available online here

▸ Join our private community group on Slack and get connected with other entrepreneurs

▸ Complete a 2-page online application and submit by March 1st, 2021 to enter the competition. As part of the application, you will be required to submit a 1-3 minute video pitch as well as a 3-year financial projection. You can download a projections template here.

▸ 12 finalists (individuals/teams) will be selected to present to a panel of judges – 3 finalists from each category

▸ 4 winners will each receive $10,000 cash prize – 1 from each category

Competition Categories

Technology

A startup company that relies heavily on technology to power its products or services. Technology is one of its key differentiators.

Community

A non-tech focused startup business that delivers a need or responds to a demand of the community through providing a service or a product in fields such as lifestyle/wellness, fashion, and e-commerce.

Food-Based

startup business with its main activity being the creation and/or sale of a food or beverage product as a wholesaler, manufacturer, or retail business. Any retail storefront including restaurant, coffee shop, specialty food store must be located in Queens.

Sustainability

A startup that uses innovative solutions to help build a healthy planet or creates a product/service that makes a positive impact on our environment.

Since 2007, we have had:
71 Winners
$450,000 in Grants
4,300 Participants

Who is the StartUP! Competition for?

Inner Drive

You’re a self-starter and are determined to put in the work necessary to make things happen.

Learning

You’re able to learn from startup experiments quickly, revise the idea, and draw insights based on feedback.

Execution

You focus on executing the idea rather than the novelty of the idea itself, and you have a proven ability to do it.

Impact

You’re a mission-driven entrepreneur and your startup idea can make a positive impact on the world.

 

From Our Winners

Ashley Cavadas

This grant allows us to put money towards our new space, marketing, and the equipment and materials needed to run the business.

Ashley Cavadas
Art Strong, Winner 2019

Bosuo

Winning the QEDC StartUP! Competition will help me expand into more stores and help fund distribution, sales, and marketing costs related to the expansion.

Afua Felli
Bosuo Food Group, Winner 2019

Frequently Asked Questions

Who is eligible to compete for the $10,000 cash award?

1) Contestants must be Queens-based entrepreneurs who are 18 years of age or older and U.S. citizens or legal residents of the United States. (Queens-based is defined as an individual applicant or one of the group applicants (no more than 5 people) who is a Queens resident).

2) Contestants must EITHER demonstrate sales (less than 100K in annual sales) OR have tested the startup idea and are able to provide proofs of user testing or customer feedback.

Do you have to be a Queens resident to participate in the program?

It depends. Our online workshops are open to anyone regardless of where you live. However, you or one of your team members must be a Queens resident in order to submit an application and compete for the $10,000 award.

Are the online workshops mandatory?

All eligible applicants and/or the primary and/or secondary team member will be required to attend 4 out of 8 online workshops held from November 2020 to December 2020 (If you can’t make all 4 live sessions, no worries; they will be recorded and shared by request).

How many people can enter in one team?

We accept up to five individuals. Everyone involved in the proposed business described in the plan must register via YouNoodle as a team leader or team member and upload their State ID or Driver’s License. The business team leader needs to be a Queens resident and part of the co-founders/management team of the company.

Can a business advisor from QEDC help me with my application?

Yes. We highly recommend you make an appointment to speak to an advisor at QEDC. They can help go over your application before you submit it and provide feedback from a judge's perspective.

What stage does my business needs to be?

Contestants must be startups defined as having built the minimum viable product (MVP), or they must either demonstrate sales (less than 100K in annual sales) or have tested the product or service and are able to demonstrate market interests or customer demand for the concept. They do not need to be registered yet nor do you need sales if you can show that it has been tested or you can demonstrate interest. Businesses that are not currently paying taxes, are not tax-compliant or not operating with appropriate licenses and permits will forfeit their prize funding if selected as winners.

Do I have to include all sections?

Yes. Incomplete applications will be disqualified immediately.

Are there any requirements for the winners to use the award fund?

The funds must be used within one year from the date of the award being announced and can only be used for only the intended business purpose described in the business plan and nothing else. Please note that these awards are taxable and the Queens Economic Development Corporation and each winner must complete an IRS W-9 form before a check can be issued. All winners must include a written description on how the funds will be used, sign a release form, and agree to be surveyed for up to five years on the status of their business.

Are applications confidential?

Queens Economic Development Corporation (QEDC) recognizes that entrants may be concerned about the confidentiality of their applications. Applications will not be copied for any purpose other than the competition and internal use by QEDC's Business Services Department. Entrants are also permitted to exclude any information they regard as confidential (please note, however, that if by excluding information you make your plan more difficult to understand it may be judged poorly). The short description of your business idea will be considered a “public summary” of your plan and may be used in public documentation related to the competition. While all responsible measures will be taken to ensure the protection of intellectual property and preserve the confidentiality of each submission, Queens Economic Development Corporation cannot take further responsibility to protect the intellectual property or other rights of each contestant. Protection of such rights is ultimately the responsibility of each applicant.
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