Mayor Segarra To Announce Phase 1 Winners in SC2 Hartford Challenge on December 1st

SPOTLIGHT on EXCELLENCE     November 2014

 

Mayor Segarra To Announce Phase 1 Winners in SC2 Hartford Challenge on December 1st

 
Advancing Teams will be announced and $100,000 will be awarded 
 
Hartford, Connecticut (November 24, 2014) – For the past six weeks, an esteemed group of judges have been busy evaluating SC2 Hartford proposals based on a fair and transparent judging rubric. On Monday, December 1st, finalists will be announced at Colt Gateway, Suite 628 located at 140 Huyshope Ave. beginning at 5:30pm. The top three winners will receive $60,000, $30,000 and $10,000 respectively. These winners and select runners up will be invited to develop their proposals into detailed, actionable plans, which must be submitted by April 20, 2015.
 
Back in February 2014, the City of Hartford was one of three cities to launch a Strong Cities, Strong Communities Challenge. SC2 Hartford is an EDA grant-funded competition that engages multidisciplinary teams to compete and win substantial prize money for creating the best economic development plans for the City of Hartford. The goal presented to these teams: To establish Hartford as the city where first time, serial and second-stage entrepreneurs start and grow companies with ease. Twenty-five proposals met the qualifications to advance to the evaluation panel.
 
Requirements for winners who progress to Phase II: Economic Plan Development will include community engagement and other deeper considerations not required in the Proposal writing process. Effective plans will provide actionable goals and objectives in the context of a deeper analysis of local and regional trends and will focus on feasible implementation. A separate Selection Committee will determine the six winning teams who will share $800,000 in EDA-funded prize money.
 
Ultimately, everyone wins. The City of Hartford and the EDA will have six fully developed plans and a comprehensive economic development strategy, which could ultimately serve as a national model for cities throughout the country. 
 
For more details, visit www.SC2Hartford.com or contact Stephen Cole at 860.757.9071 or COLES001@hartford.gov.

 

 

 

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