i.d.e.a.WF Prizes

For the purposes of awarding prizes, i.d.e.a.WF contest has three categories.

  1. “StartupGO” is for startups or small ventures that have earned less than $50,000 total revenue in the preceding 2 years (January 2015 – December 2016).
  2. “ExpansionGROW” is for companies with more than $50,000 but less than $250,000 in revenue in the preceding 2 years.
  3. The “Judges’ Choice” winner is awarded at the discretion of the judges.

In the event the judges don’t select a winner in one category, they have the option to name two winners from the same category.

Cash: Each category winner receives $12,000 and the judges’ choice winner receives $6,000.

Accounting: The startup and expansion category winners receive receive $5,000 of professional accounting services, and the judges’ choice winner receives $3,500 of professional accounting services..

Marketing: The startup and expansion category winners receive $4,000 of professional marketing services, while the judges’ choice winner receives $2,000 of professional marketing services.

Legal: The startup and expansion category winners receive $3,500 of professional legal services, and the judges’ choice winner receives $1,500 of professional legal services.

Human Resources (HR): The startup and expansion category winners receive $2,000 of professional HR consulting services, while the judges’ choice winner receives $1,000 of professional HR consulting services.

IT: The startup and expansion category winners receive $1,000 of professional IT consulting services, while the judges’ choice winner receives $500 of professional IT consulting services..

Venture Funding: All i.d.e.a.WF winners have the opportunity to present to the Texoma Angels investor group free of charge.

A point of clarification: Our generous partners are offering their professional services. They do not expend funds to buy products or services from other firms. For example, the marketing companies can design logos and promotional materials but would not pay for the actual printing of the materials.