Startups Vie for Share of $100,000 Through biz

Eleven entrepreneurial businesses are vying for a share of a $100,000 grant pool offered by PTP Next, a regional group of young business leaders sponsoring its first business competition.
The contenders come from more than 70 Triad applicants, and could receive up to $50,000 to help overcome the hurdles that startups typically face.

Nurturing Business Ideas Here in the Triad

They’re all in their 20s and 30s, in the spring of their professional lives, and as they soak in the Wyndham Championship, they’ll dream big and think about the contest they helped create.
It’s a business competition with some big-time backing. But really, it’s a fishing expedition meant to reel in entrepreneurs and give them the cash they need to turn their invention into a business.

Young Leaders Aim to Propel Startups with Business Contest

The newly formed regional group, PTP Next, born out of a gathering of young professionals at last year’s Wyndham Championship, will launch a business competition in August with the help of NC Idea of Durham, an established nonprofit with a sizable endowment that’s offered awards to more than 50 businesses since 2006.