Each year the state of Kentucky has a startup weekend, however this year it was virtual, unlike any previous years. Because this year the competition was virtual, making the dynamics of mentoring start-up businesses a little more challenging.
Find more info on Kentuck Startup click here.
Competition
Several teams began to compete beginning on Friday evening to complete a startup from ideation to a business ready to present to investors. The teams only have three days to to develop a viable business.
Business Plans
This three-day competition encapsulates what would normally take weeks, months, or years to develop an economically viable business. My principal role was during the competition was to serve as an on-call mentor to the teams during the weekend. These types of experiences I always enjoy not only from the standpoint of teaching but learning new industries as well.