Do you have a startup idea but are looking for funding? A couple of weeks ago YouBeTheVC.com launched to offer up a creative "reality funding" approach similar to that of American Idol. YouBeTheVC.com, created by New York-based VC firm Bang Ventures offers aspiring entrepreneurs to compete for a chance at some funding. The top 3 selected companies/product ideas will be given $15,000 living stipend and office space
in the Boston area and additional guidance and services.
To enter the contest simply complete an official application and questionnaire including business plan description for a Web-based business, social networking site, Web 2.0 project, software project, wireless services or similar venture at YouBeTheVC.com by 11:59 pm (EST) on December 14, 2007.
Check out the video (below) which explains the site in further detail. 15 Meanings offers some additional perspective.
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Good Luck!
