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Innovate Fuquay-Varina 2017-2018

Fuquay-Varina Chamber of Commerce

Friday, January 26, 2018 at 6:00 PM - Sunday, January 28, 2018 at 9:00 PM (CST)

Innovate Fuquay-Varina 2017-2018
Available Dates

Ticket Information

Ticket Type Sales End Price Fee Quantity
Business Development Track
Experienced Entrepreneurs & Business Leaders, & Business Experts/Mentors.
Jan 26, 2018 $100.00 $6.49
Startup Track   more info Jan 26, 2018 $50.00 $3.74
Students & Veterans
High School & College Students. US Armed Forces Veterans.
Jan 26, 2018 $25.00 $2.37
Sunday Night Pass
Sunday Evening Only (6pm-9pm) Access to the "Initial Public Launch" of the Startups from #InnovateFV Weekend
Jan 26, 2018 Free $0.00
Donations to Support Aspiring Entrepreneurs Jan 26, 2018 Enter donation ($)

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Event Details

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Win CASH and other prizes for your business!

 

Innovate Fuquay-Varina (#InnovateFV) is an initiative designed to foster and nurture innovation and small business development in Fuquay-Varina. This year Innovate Fuquay-Varina business launch weekend will take place on January 26 through January 28, 2018.

Inspired by a global entrepreneurial movement called “Startup Weekend,” Innovate Fuquay-Varina builds upon and enhances the concept to produce long-term entrepreneurial success for startups in Fuquay-Varina, NC. Innovate FV is open to new and existing businesses.

Our Business Developmental Track for ventures under 3 years old is designed to help match their unique growth ideas, with local experts and talents needed to make them a reality. The Startup Development Track is designed to assist innovators and creators with unique business ideas, in finding the talent and resources needed to launch their startup.

Prepare yourself for the business launch weekend at the following FREE workshops:

September 18th, 6:00 pm  –  “Are You Ready for Entrepreneurship?”
October 16th, 6:00 pm -- "Developing and Writing an Effective Business Plan"
November 13th, 6:00 pm -- "Projecting and Managing Your Cash Flow"
December 11th, 6:00 pm -- "Analyzing and Understanding Your Market"
January 8th, 6:00 pm -- "Pitching Your Idea"

All workshops are held at Aviator Smokehouse Sidebar Event Space, 525 Broad St, Fuquay Varina, NC 27526

How Can I Participate?

All participants are requested to register in one of the following categories and contribute to the initiative through attendance at networking events, as well as the InnovateFV Weekend event:

  • Professional Business Mentors
  • Business Development Track
  • Startup Development Track*
  • College/Grad Student
  • Initial Public Launch —  Sunday Evening Only Access for audience spectators

*Business Ideas must still be in the concept or “startup” phase, meaning there exists no business registered with any entity (Town, Wake County, Secretary of State), and no profit has been made under the name of the proposed startup idea. Bottom-line: Ideas cannot be an existing business the individual owns.

 

= = = = = #INNOVATEFV WEEKEND SCHEDULE = = = = =
January 26-28, 2018  |  Locations: To Be Determined 

January 26, 2018

5pm

  • Arrive, Last-Minute Registrations, Networking

 

7pm  

  • Welcome & Introductions
  • Initial Pitches Begin
  • Audience Breaks into "Startup" Teams
  • Work Space Requests & Assignments Teams

 

January 27, 2018  

11am

  • Teams Send a Representative to Check-in with Organizers.
  • Representatives Provide Brief Progress Updates Including "Needs"

 

12pm

  • Lunch & Networking Begins (All Participants Invited) 
  • "Needs" Requests Are Posted 
  • Available Participants/Mentors May Contact Teams with "Needs"

 

January 28, 2018  

12:30pm

  • Lunch & Networking Begins (All Participants Invited)


1pm

  • Teams Send a Representative to Check-in with Organizers
  • Representatives Provide Brief Progress Updates Including "Needs"


1:30pm

  • Final "Needs" Requests Are Posted
  • Available Participants/Mentors May Contact Teams with "Needs"


6pm

  • Initial Public Launch (IPL) Day
  • Formal Team Presentations

8pm

  • Judging Begins & Winners Announced


9pm

  • Closing Remarks

 

 


 

 

Frequently Asked Questions (FAQs)

 

 

How Will Innovate Fuquay-Varina Support & Nurture Aspiring Entrepreneurs?

Beginning in September 2017, Innovate Fuquay-Varina will host (5) monthly invite-only networking events for registered participants, which will take place on the first Tuesday evening each month.

These networking events are designed to connect participants with registered business mentors (identified by color-coded nametags).  The relationships forged and nurtured through these monthly events will help prepare aspiring entrepreneurs (including potential entrepreneurs who didn't realize they had a viable business "idea") for InnovateFV Weekend in January.

In addition, each networking event will feature a guest speaker to motivate, educate, and prepare participants for InnovateFV Weekend in January of 2018.

While not all participants will be able to attend all of the invite-only events, it's our hope that those who can, will be much better prepared to pitch their business ideas and concepts in January of 2018.


What is #InnovateFV Weekend?
The weekend of January 26-28, 2018 will be a historic one for the Town of Fuquay-Varina, NC. Innovate Fuquay-Varina culminates in a weekend of intense planning, preparation, and ultimately, the formation of several startup businesses in Fuquay-Varina. Beginning with a brief networking session Friday evening, the event will transition to the Pitch Phase. Participants wishing to pitch their business ideas will have 1 minute to present their idea to the entire audience, including our esteemed panel of judges. After all ideas have been pitched, the audience is then instructed to find the aspiring entrepreneur(s) they want to contribute their skills to, and Startup Teams will naturally begin to form - thus planting the first startup "seeds" of the weekend. For the remainder of the weekend, each team's goal is to develop their idea into a viable business model, refine it, and produce a presentation for Sunday evening -- Initial Public Launch (IPL) Day.


How Will Work Space Availability & Assignments Be Managed?
As Teams form naturally Friday evening, any team requiring space to work can request space from Innovate Fuquay-Varina, which will have a list of participating venues in town that are donating space for teams to work during the weekend-long event. Venue sponsors are required to have both an appropriate work space, as well as wired/wireless internet.  Work space availability is on a "first-come, first-served" basis, and will be managed by Innovate Fuquay-Varina. There are no stipulations as to where each team works, or what hours they should work.  They have until 6pm Sunday evening to work on their startup business.


What Are Team Check-ins & Rogue Teams?
Throughout the entire process, participants may choose to depart teams for a variety of reasons.  The entire process is extremely fluid.  In some cases, "Rogue Teams" may form. These are teams of individuals who didn't initially form Friday night, but have come up with their own startup idea.  All existing teams, including rogue teams, are required to check-in with Innovate Fuquay-Varina at 11am on Saturday and Sunday.  This allows Innovate Fuquay-Varina to keep track of which teams currently exist during each phase/day of the weekend.


Progress Updates & Needs Requests
During the 11am check-ins on Saturday and Sunday, all existing teams are required to provide a brief update on their progress (verbal or written), as well as submit any "needs requests" (ie: Developers, Designers, Marketing, etc...).  Innovate Fuquay-Varina will announce these needs requests to available participants (including late arrivals) not already assisting a team, in hopes that each team receives the resources they need. Throughout the weekend, there will be plenty of networking opportunities for "freelance participants," while the various teams are busy building the foundations for their startup businesses.


IPL Day (Startup Presentations)| 6pm, Sunday, Jan. 8th
Initial Public Launch (IPL) Day, will be for some, the accumulation of 5 months worth of networking, learning, and hard dedicated work.  Each team still standing by 6pm on Sunday, January 28th will be provided with 5-10 minutes to unveil their new Startup to the public. This is their first official introduction to the Fuquay-Varina Community, as well as the world.

Startup Presentations will be witnessed by a panel of judges who will be looking for the best business startups in terms of both innovation, as well as contribution to the Fuquay-Varina community. Based on judges scores, the top-rated winners from IPL Day will receive prize packages to assist in their startup's future success.


How Will Startup Ideas Be Judged on IPL Day?
In regards to prizes and judging during #InnovateFV Weekend, participants are encouraged to consider THREE factors when pitching their startup ideas:

  • Innovation
  • Benefit to the Fuquay-Varina Community
  • Viability of Concept

 

 

Have questions about Innovate Fuquay-Varina 2017-2018? Contact Fuquay-Varina Chamber of Commerce
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When & Where


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Friday, January 26, 2018 at 6:00 PM - Sunday, January 28, 2018 at 9:00 PM (CST)


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Organizer

Fuquay-Varina Chamber of Commerce

Fuquay-Varina Chamber of Commerce mission statement is to build and sustain a vibrant economy through a robust public/private partnership focused on making Fuquay-Varina a great place to live and do business. 

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Innovate Fuquay-Varina 2017-2018
Class Business
Fuquay-Varina Chamber of Commerce

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