Innovators From The Around The World Vie For Up To $300,000
CAMPBELL RIVER – More than 60 teams from around the globe applied to compete for a share of up to $300,000 in total funding and services in the second year of the NexStream Tech Competition—nearly double the amount of applications received for the competition’s inaugural year.
They’ve taken the first step by submitting expressions of interest. Now, they’re hard at work on the second: outlining their innovations in more detail and drafting preliminary business plans. Shortlisted participants will be announced in January 2021.
They’ll receive support from NexStream mentors as they move on to the final stages of competition and develop working prototypes, demos or proof-of-concepts.
“Thank you to everyone who brought their ideas forward and applied to this year’s NexStream Tech Competition. I wish them all well as they advance through the competition, and look forward to seeing what creative solutions they’ve found to this year’s industry-inspired challenges,” says Rose Klukas, the City’s economic development officer.
“It’s wonderful to be able to introduce entrepreneurs from around the world to Campbell River and the innovative, supportive business community we have here.”
We’d also like to thank the following sponsors for their ongoing support of the NexStream Tech Competition: Spring, Foresight, Study Build, Poseidon Ocean Systems, Moeller Matthews, CR Lawyers, Shelter Point Distillery and Pacific Sands Beach Resort.
“CRAAG is thrilled with the number and the span of entries in this our second round of NexStream,” says Rick Segal, angel investor and member of CRAAG.
“There are some very promising innovations, some with outstanding business potential for Campbell River and beyond.”
Visit nexstream.is to learn more about the NexStream Tech Competition.