Meda, a Wells Fargo DCC recipient and OFN NEXT awardee, is currently hosting an exciting business-plan competition for ethnic minority-owned businesses in Saint Paul, MN. With $1MM on the table, the Meda Million Dollar Challenge for Minority Entrepreneurs will provide financing in the form of a convertible note to bring products and services to the market.
Potential awardees will answer nine questions to begin the process. Up to 20 finalists will be invited to compete in a "shark tank"-like competition, where they will have five minutes to present their plan to move to the next level of 10 finalists. Ultimately, up to four companies will receive up to $1MM in financing.
Stay tuned, the first round takes place October 11!
Learn more here.