Companies compete to create Boston startup jobs
Posted on February 6, 2014
Several dozen Babson College startups are competing in a business competition to create more Boston startup jobs.
The companies are competing to win $30,000 in in Startup Rounds, a new kind of business competition launched by The Babson Entrepreneurship Club (BEC).
Startup founders can:
Prove a concept
Refine a pitch
Raise a seed round
Startup Rounds is open to any company founded by Babson undergraduates, graduate students or alumni with less than $1 million in earned revenues.
The contest consists of four 7-day rounds.
Within each round, startups must demonstrate the strengths of their business idea and network by gaining support via social media to improve their standing on the leaderboard. Anybody with a Facebook account can vote for up to three startups per round.
After each round, a startup’s score resets along with their position on the leaderboard.
Each round will have a cutline. For example, if there are 50 startups, 10 will be eliminated in each round.
The top 10 startups will be invited to pitch to an expert judge panel followed by an awards ceremony on Feb. 27, 2014 at The Microsoft New England Research & Development (NERD) Center.
Over $30,000 in prizes will be awarded.