How do I know if my idea fits the competition?
We encourage entrepreneurs from anywhere in the world, including students, to enter the Food+City Challenge Prize. If you have any doubt that your idea is a good fit, enter and let us decide.
What is the goal of the competition?
- The goal of this competition is to reward innovation within the food supply chain to improve how we feed cities.
- Entries must include a process, product, service or technology that solves a problem within the “to” of Farm to Table.
- Benefits realized from your startup may include:
- reduced food waste
- lowered carbon footprint
- safer food
- less food fraud
- extended shelf life
- increased traceability
- simplified last mile
- improved efficiencies
- minimized expenses
- increase food security
For example, some of the business ideas that interest us include:
- Food distribution technology that enables food to travel in a safer, more efficient way
- Data systems or products that increase visibility throughout the supply chain
- Systems that decreases waste by getting more food into and through the supply chain
- Packaging materials that extend shelf life
- Energy-saving tools that lower carbon footprint
- Services that optimize resources within the last mile
How is an early stage or seed company defined?
We consider a company to be a seed or early-stage startup if it is:
- No more than five years old.
- Not a publicly traded company.
- Offering a product or service that is commercially viable.
- Not a farmer’s market or co-op. These are non-profits and we are focusing on for-profit companies.
- Not a food trailer or restaurant.
You may still submit your idea if you do not fit into these guidelines, but a special judging panel will review your submission to determine if you can enter.
How many teammates can I have on my team?
There is no limit to the number of participants on your team. However, we would caution against creating a large team (5+) as it may make entry coordination, communication and travel more difficult. (We are providing one full pass to SXSW Interactive to each team, but do not offer travel expenses.)
Does the contest cost money to enter or participate?
The early bird registration fee to apply is $35 and ends on October 18, 2017, and is $50 thereafter. For planning purposes, we ask that finalists be prepared to travel to Austin, Texas, to participate on March 8 and March 13, 2018. Finalists are responsible for covering all costs associated with travel and lodging, and we will ask for confirmation of travel.
What are the benefits of participation?
- Pitch your company at the largest technology conference in the world, SXSW
- One pass to attend SXSW Interactive ($1,350 value)
- In addition to qualifying for prizes, finalists will have an unparalleled opportunity to network with judges, mentors, other finalists and the food entrepreneur community at large.
- You’ll receive feedback and support from talented and experienced mentors.
- Your idea will be reviewed by judges and investors from a broad range of organizations.
- You will receive ongoing promotion and visibility through Food+City’s social media platforms.
- You will become a part of the Food+City family, which offers ongoing benefits.
Can I submit an idea that is not mine?
Founders of the applying startup must retain some portion of ownership in the company for the team to be eligible to participate.
What are the age and educational requirements to enter?
You can be of any age, from any country or with any educational status to enter.
Can finalists from prior years enter?
Yes, previous finalists can enter as long as they have not won a cash prize in a prior Food Lab or Food+City competition.
Do I have to attend the Prize Day event to participate?
Yes. Each finalist must be represented by individuals who are in attendance at check-in time on Prize Day.
- Submissions must be in English.
- Startups do not need to originate or be based in Texas. They can be from anywhere in the world.
- Finalists must sign photo/video release to allow Food+City to use footage from the Food+City Challenge Prize in marketing materials to promote and support the organization.
Can I enter multiple ideas in the contest?
Yes, although we believe that entrepreneurs who are focused on a single entry will have more success in the competition.
Does my innovation have to be unique, completely novel, or entirely new?
Your concept does not need to be new to the world. Many of the world’s greatest innovations are subtle changes to existing techniques or technology that enable vast improvements in usability, access, distribution or control to an existing process or product. We ask only that your startup provide innovation in the food supply chain.
When will finalists be announced?
We will announce the finalists on December 1, 2017. We will also pair each finalist team with an appropriate mentor by December 15, 2017.
When can I submit my idea?
We began accepting submissions on September 18, 2017. You must submit your idea by November 18, 2017.
Do I need to produce a presentation in case I am chosen?
The finalists will have a Pitch Review — an opportunity to practice their pitches to the advisors — on March 8, 2018. On Prize day, all finalists will pitch to the judges and audience, and have the chance to interact directly with judges and audience during an expo style walk-around.
How do I submit my idea?
Ideas must be submitted through this online submission process between September 18, 2017, and November 18, 2017. This entry includes a 200-word summary of the business plan. There will be no need to submit a full business plan. Video and other attachments may be included.
What is the deadline to submit my idea?
Competition entries must be received by November 18, 2017, at 11:59PM CST. Finalist teams will be notified after December 1, 2017, of their finalist status.
What if I am chosen as a finalist?
- Finalist teams will be paired with a mentor and invited to present and compete in Austin on March 8 and 13, 2018. All teams present a verbal narrative presentation, prototype, video or other visual representation suitable for your business model.
- A three-minute pitch, with a pitch deck, will be presented in the final round.
- We will have a Pitch Review in Austin, Texas, on March 8, 2018, where finalists will practice pitches and receive feedback from industry experts.
How does the mentorship work?
- Finalist teams will be introduced to their mentors by email on or by December 15, 2017.
- Finalists should contact their mentors to set up the first in-person (or skype) meeting as soon as possible.
- Finalists must communicate with their mentors at least once per week during the mentorship timeframe, December 15, 2017 – March 8, 2018.
- Mentors and finalists will work together to prepare presentations for Pitch Review and Prize Day.
- Some of our mentors and finalists have continued their relationship after the competition is complete.