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Announcements

Blue Ocean Enterprises Challenge now accepting applications

October 18, 2013

The richest annual business pitch competition in Colorado is sponsored by CSU and Blue Ocean Enterprises, and offers a grand prize package of $250,000 in funding, intensive strategy and operations support, and a 12-month business mentoring program.

The Blue Ocean Enterprises Challenge, the richest annual business pitch competition in Colorado, is now accepting applications from collegiate entrepreneurs, startups seeking capital, and existing businesses seeking expansion capital to compete for a grand prize package of $250,000 in funding, intensive strategy and operations support, and a 12-month business mentoring program.

The Blue Ocean Enterprises Challenge is a celebration of innovation, leadership development, and job creation presented by Blue Ocean Enterprises and the Colorado State University College of Business. The competition will be a transformational opportunity for competitors to accelerate their businesses with entrepreneurship experts and advisers guiding them.

Tracks for college and established entrepreneurs

The competition features two tracks:

• Blue Ocean Enterprises Challenge, open to startups and established companies in any industry. Applicants in this track must be operating for a minimum of one year, be based in the United States, and be generating revenue or have raised a minimum of $100,000 in capital for research and development, and

• Blue Ocean Enterprises Collegiate Challenge, open to active undergraduate or graduate student entrepreneurs attending any university or college in Colorado.

A panel of distinguished judges from CSU’s College of Business, Blue Ocean Enterprises, and the national business community will select finalists from qualified applications in each track to participate in a three-month business coaching and pitch consultation program leading up to the main event on May 24, 2014.

The winner of the Blue Ocean Enterprises Collegiate Challenge, to be announced in Fort Collins on May 2, 2014, will receive $20,000 in startup funding and compete in the main competition.

The grand prize winner may receive additional capital from Blue Ocean Holdings, an affiliate of Blue Ocean Enterprises, which has a proven model for building businesses and growing young companies in the Northern Colorado region.

The deadline to apply for the Blue Ocean Enterprises Challenge (both tracks) is Dec. 15, 2013. Competitors -- as well as potential sponsors and volunteers -- may learn more and submit their applications at www.blueoceanchallenge.com. 

About Blue Ocean

Headquartered in Fort Collins, Blue Ocean Enterprises was established in 2011 by OtterBox Founder and Chairman Curt Richardson and his wife, Nancy Richardson, to provide business mentoring, accounting, legal, information technology, real estate, and human relations services to its affiliated companies.

Blue Ocean Holdings LLC was established in 2011 by the Richardsons as an investment management company that commits capital to promising businesses and strategically invests in commercial real estate. Blue Ocean Holdings currently invests in more than a dozen Fort Collins-area businesses and owns more than 400,000 square feet of commercial property. Visit www.blueocean-inc.com for more information.