Innovation incentives: Win Your Own Startup

Love this idea: Some entrepreneurs say the toughest part of building their startup is finding capital. Bang Ventures, a New York-based investment firm, wants to alleviate that problem for three lucky entrepreneurs. You Be the VC is an open call to entrepreneurs with brilliant tech ideas. Applicants must create a profile and fill out an application to be considered. Then, judges will narrow the entries down to the top 20 finalists, who will create a video pitch to be voted on by the public, American Idol style. The winners will spend next summer in Cambridge, Massachusetts, working with a team of expert consultants, advisors and programmers to build their dream startup company.

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