Ideation Challenge Looking for Next Generation of Entrepreneurs

Do you have a good idea for a business, but don’t know what to do next?

That question may sound like the intro to a cheesy infomercial, but it’s actually a serious question that the city of Lakewood would like to help residents answer.

Startup Lakewood — a non-profit organization in Lakewood geared toward helping businesses get off the ground — is accepting applications for the third-annual Ideation Challenge at the University of Akron Lakewood branch at 6:30 p.m. Aug. 27.

“We all know people who have had ideas,” said city planner Bryce Sylvester. “This is the opportunity to take that first step. 

“This is for all entrepreneurs, innovators or people who have had an idea and want to turn it into a business.”

Hopeful entrepreneurs are encouraged to submit an application — essentially a three-page business plan — by Aug. 16.

Here’s the link.

Those (especially) in the funding stage of a business are encouraged to apply.

“It’s really about allowing yourself to take the next step in your business plan,” said Sylvester. “Anyone can apply, but we also want to recognize the best Lakewood pitch.”

Winners get the opportunity to pitch their plan in front of a panel of judges; one of the winners will have lunch with Mayor Michael Summers; and be offered a full scholarship to the Bad Girl Ventures class at the University of Akron Lakewood branch.

The Ideation Challenge is open to the public.