SBA launches 2017 InnovateHER business challenge

The U.S. Small Business Administration (SBA) launched the 2017 InnovateHER: Innovating for Women Business Challenge – a cross-cutting prize competition to unearth innovative products and services that help impact and empower the lives of women and families. The challenge officially kicks off in early 2017 with local competitions to be hosted by over 250 organizations registered to host local competitions including universities, accelerators, clusters, scale-up communities, SBA resource partners, and other economic development organizations. Through these local competitions, the SBA will identify up to 10 finalists who will be invited to the National InnovateHER: Innovating for Women Business Challenge to be held in mid-2017. The finalists will pitch their products and ideas to a panel of expert judges and compete for the top three awards along with $70,000 in prizes provided to SBA through a gift from the Sara Blakely Foundation. Nominations from host organizations are due May 12.