MOORESVILLE – Based on the business reality TV show Shark Tank and building on the success of last year’s program, Launch2035 is accepting applications for the second annual Singing River Trail Launch Tank.
The program is open to entrepreneurs based in the eight counties of the Singing River Trail: Madison, Limestone, Marshall, Morgan, Colbert, Jackson, Lauderdale and Lawrence.
“This is your chance to be a part of something big and make a positive difference,” said John Kvach, executive director of the Singing River Trail. “Like the Singing River Trail itself, the Singing River Trail Launch Tank Contest offers a unique opportunity to be a part of something we can all be proud of as we work together to make North Alabama a better place to live, work and… to make games.
“Our vision is to offer this program as a platform to foster entrepreneurship and hope that as many Launch Tank participants as possible grow, thrive and stay connected to the trail.”
The application period ends on February 24th. Applicants with big ideas, community solutions, and emerging business ventures should apply here.
The public finals will take place on March 20th at Athens State University.
The Singing River Trail Launch Tank is a collaborative effort between the Singing River Trail and the Launch2035 Entrepreneurship Pillar. The program is organized by the regional leadership of Decatur/Morgan County Entrepreneurial Center, Urban Engine, Mountain Lakes Chamber of Commerce, Athens State University, Athens-Limestone County Chamber of Commerce, Shoals Business Incubator and Visit North Alabama.
“We are extremely excited to bring this marquee event to Limestone County not only to showcase our community and entrepreneurial ecosystem, but also to highlight entrepreneurship and regional collaboration throughout Northern Alabama,” said Pammie Jimmar, President of the Athens-Limestone Chamber of Commerce and co-chair of the Singing River Trail Launch Tank event.
The inaugural event last March received more than 40 entries and nine finalists were awarded more than $20,000 and other prizes.
Last year’s grand prize winner, Fellows Faith Enterprises, received $5,000 in cash and benefits including e-center coaching assistance; Meeting and mentoring with an angel investor network; One-year BCA membership fee waiver and Alabama Launchpad application registration fee; the possibility of a $100,000 line of credit through TARCOG; and a human relations consulting package from Spur.
“The first pitch competition demonstrated the true power and potential of regionalism for people across northern Alabama,” said John Joseph IV, co-chair of Launch2035 Entrepreneurship. “The number of applicants, interesting and exciting pitches, and collaboration with diverse stakeholders across the county underscored the fact that our entire region benefits when we work together towards a unified goal.”