ESP/TECH Track
The ESP Venture Track is open to startups and businesses that are scalable and have high growth potential. These businesses contain a service or product that is technology-focused, tech-enabled, or manufacturing-focused and has the ability to disrupt, diversify, and/or add value to a current or expanding market.
Criteria:
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The product or service has to operate through advanced technology.
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The venture specifies the design and architecture of the specific technical components needed for the solution to be developed, implemented, and operated.
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The business has a profit model that requires the business to generate revenue.
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The ESP venture must be in operation for three years or less from incorporation or first revenue generation.
Main Street Track
Main street businesses can include brick-and-mortar, vendor-based or ecommerce businesses. By nature, these businesses are operated locally and are typically small firms; however, they can also have the potential to scale in size and location based on the goals of the owner.
Common examples include: dry cleaners, hair salons, restaurants, auto and truck services centers, convenience stores, small manufacturing and service businesses (accounting practices, tax preparation business, etc.), internet, website development and technology businesses, small wholesalers and many other similar businesses.
Criteria:
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Businesses are operated locally, are typically smaller firms, and are not necessarily scaleable.
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The product or service can operate independently of advanced technology.
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The business has a profit model that requires the business to generate revenue.
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The Main Street venture must be in operation for three years or less from incorporation or first revenue generation.
Nonprofit Track
The nonprofit track is for 501c3 organizations currently serving or planning to expand to the Greater Dayton area. The Nonprofit must be a qualifying charitable organization.
Criteria:
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The nonprofit venture is at an idea stage, on track to pursue a Nonprofit structure, or already a nonprofit in operation for three years or less.
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The nonprofit venture must be in operation for three years or less from incorporation or first revenue generation.