Winners of a new entrepreneurial contest will have the opportunity to develop a novel idea or product that embodies the innovative spirit described in President Obama's State of the Union address. Cleveland's recently launched
Manufacturing Mart has announced a competition called "The Export Experiment," a new-product competition designed to grow business for American component manufacturers.
To be eligible, a product must be manufacturable in the United States and designed for a niche market in a foreign country. In addition, it must solve a scalable problem and be patent-pending or patented.
The cost to enter the competition is $25, and the deadline is April 30, 2011. See additional details
here.
A commercialization grant worth $5,000 will be awarded to the top three winners. The grant can be used for a number of development services outlined by the Manufacturing Mart. One free year of exhibition space at the Manufacturing Mart, a landing page on the mart's website and two press releases are also part of the awards package.
The Manufacturing Mart opened its doors at The Galleria on December 1 of last year. Currently, the mart occupies 3,500 square feet of exhibiting space for manufacturing resources; another 6,000 square feet are scheduled to open later this year. The mart caters to engineers, inventors and business professionals who want to locate innovative manufacturing options in Greater Cleveland.
Source: The Manufacturing Mart
Writer: Diane DiPiero
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This story originally appeared in Fresh Water Cleveland