Q. What are the eligibility requirements?
A. Lake County residents 18 years or older who have an idea for a start-up business or who own an established small Lake County are eligible to apply.
Q. Are there any restrictions I should be aware of?
A. Due to the Federal cannabis laws, we are not accepting cannabis-related ideas.
Q. Does the business have to be a storefront in Lake County?
A. Not necessarily. The owner must be a resident doing business in the County either online or in a storefront.
Q. Is there an application fee or charge to participate?
A. No. You are however required to attend the 1-day training & follow up competions.
Q. How do I apply for the Hand Up Lake County opportunity?
A. Online applications only are accepted. Fillable applications are on the website at www.1team1dream.net
Q. When can I apply?
A. From April 1 – June 30, 2021. No late applications will be accepted.
Q. What is the process for the competition?
A. There are 4 phases of the competition:
- In the 1 st phase, applications received by the deadline will be reviewed and up to 15 applicants plus up to 3 alternates will be selected to go to phase 2.
- Phase 2 is a mandatory 1-day training. The training will be held on 8/28/21 @ Konocti Vista Resort & Casino in Lakeport, 2755 Mission Rancheria Road.
- Phase 3 is a mini competition on 10/23/21 also held @ Konocti Vista Resort & Casino. Applicants compete to be among the 5 finalists to advance to phase 4.
- Phase 4 is the final competition where 5 finalists will pitch their business plan to a select group of judges on 12/12/21 @ Konocti Resort & Casino in Lakeport.
Q. Will there be follow-up training prior to the final competition?
A. Yes. The 5 finalists will receive 1:1 training according to their specific needs. Dates TBD.
Q. If I applied last year, can I re-apply this year?
A. Yes, you may re-apply. Any small business can apply, except last year’s winners.
Q. Do all 5 finalists receive a cash award?
A. Yes. Applicants compete for cash prizes of: $20,000, $12,000, $8,000, $6,000, & $4,000.
Q. If I have further questions?
A. Contact Olga Steele at 916-849-8170 should you have any unanswered questions.
Who Should Apply
Anyone who believes in and loves Lake County; has a dream to own a business; has a creative business idea and the ability and stamina it takes to make it in business; has what it takes to pitch an idea to others; and who can use a financial boost to kick-start a business or take an existing small business to the next level is encouraged to apply.