Since 2001, Arkansas Capital, through its 501(c)(3) Arkansas Economic Acceleration Foundation (AEAF), has challenged college students to bring entrepreneurial ideas and talents to life through the Governor’s Cup.
See “What You’ll Need to Know” below for all the 2018 Governor’s Cup details. For questions regarding any aspects of the competition and sponsor opportunities, please contact Arkansas Capital at 501-374-9247, or email firstname.lastname@example.org.
The Arkansas Governor’s Cup is managed online by Arkansas Capital staff through arkgovcup2018.startupcompete.co.
The team leader or other team-designated individual is responsible for setting up the team’s Startup Compete account to enter the competition. This individual is also responsible for submitting the team’s intent to compete and uploading the business plan to Startup Compete. (Note: As you begin working in Startup Compete, the words “Profile” and “Account” are used interchangeably.)
To register for the 2018 competition, go to arkgovcup2018.startupcompete.co.
At the left side of the page is an orange button with the words “Log In / Register.” Click on this button. A box with a orange-gold strip across the top will pop up on the screen.
New Startup Compete Users
Click the “Create User Account” blue button. A page, “Register for a new StartupCompete User Profile” will appear.
Please fill out only the information marked with an asterisk:
Remember your email address and password. This will be the login information for your account from this point forward.
In the “Roles and Communications” box, the first statement is the onlystatement you need to answer for the purpose of the competition. It asks, “Select one or more role/s to describe your relationship with Startup Compete.” Check any box — the competition has no preference as to which box should be checked.
At the bottom of this box, uncheck the box for “Notify me via email on … New Competitions,” unless you want to receive email from Startup Compete and the Global Entrepreneurship Network.
Click “I agree” in the Terms and Conditions.
Type the letters shown in the image, and click “Save.”
Returning Startup Compete Users
Go to arkgovcup2018.startupcompete.co and click the orange “Log In / Register” button on the left side of the page.
A box with an orange-gold strip across the top will appear. Under “Returning to Startup Compete,” enter your email address and your password.
If you need to use a new email address — or if you’ve forgotten the email address used previously, you will need to create a new account. See above, “New to Startup Compete.”
If you’ve forgotten your password, click on “Forgot Password?” and follow the prompts.
Next Step — Submitting Intents to Compete
The next step for the team is to submit an “Intent to Compete” at this link.
Teams who are either certain they will be submitting business plans for the competition — or teams who are still undecided — need to submit an Intent to Compete via Startup Compete by 11:59 p.m. Friday, February 16, 2018.
If business plans are not submitted by that deadline (February 25), that team’s registration automatically becomes inactive.
The next step in the competition is to prepare your business plan for uploading to Startup Compete by 11:59 p.m. Sunday, February 25.
Business plans are due at 11:59 p.m. Sunday, February 25. Plans are to be uploaded to the teams’ Startup Compete accounts at arkgovcup2018.startupcompete.co.
Semi-Finalist and Finalist Teams advancing to Oral Presentations will be announced at argovernorscup.org Monday, March 12, at noon.
A highlight of the Governor’s Cup Awards Luncheon is the Elevator Pitch Competition, where one representative from each of the undergraduate and graduate finalist teams has 90 seconds to pitch his or her team’s business plan to the audience.
The Elevator Pitch Competition is a challenging opportunity for students to shape a statement about their business plan into one that is concise, attention-getting, and can be shared when an unexpected opportunity arises to, literally, “make a pitch.” They could find themselves on the same elevator with a well-known investor and have a 90-second ride together. What do they say?
During the luncheon, competitors will meet Arkansas Capital staff in a pre-designated area to be fitted with wireless microphones, allowing them to move freely during their pitches. When the competition begins, the emcee will call the first competitor to the stage. A time clock is provided and a cue will be given to start the pitch. At 90 seconds, a buzzer will sound, and the competitor leaves the stage. The audience is then prompted to rate the pitch by text vote. Votes are tallied and an undergraduate and graduate winner is announced before the end of the luncheon. Each winner receives a $2,000 cash prize.
See the 2017 finalists in action – Click here and fast forward to 48:35 to watch Elevator Pitches from each of the six undergraduate and graduate finalists! (Due to technical issues, there is a gap in video during the undergraduate division pitches and between the undergraduate division voting and the graduate division pitches.)
As pitches are being prepared, teams should consider the following for content:
Practice is key. Competitors need to get the pitches down in 90 seconds or less — and make sense while doing so. They should practice extensively with other team members and also try their pitches on others,
Learn more about how the Governor’s Cup came to be and the amazing impact it has had on entrepreneurship.
Learn the story behind this prestigious educator’s award, and how you nominate someone who deserves it.
Discover how one of the largest cash prize pools in the United States is distributed by category and winner.
View the names and business ideas of teams that have previously left the Governor’s Cup victorious.
Click here to see who’s in for 2018 and for ways you can join them in supporting Arkansas’s outstanding collegiate talent!