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10th FRENCH-AMERICAN ENTREPRENEURSHIP AWARD COMPETITION OPENS
French Entrepreneurs with Early Stage US Businesses Encouraged to Apply
New York (March 8, 2018) – Club 600 today announced a call for entries for the 10th French-American Entrepreneurship Award (FAEA), an annual startup competition. The Award, established in 2008, recognizes and supports French entrepreneurs launching businesses in the United States. This year, two startups will be selected to receive valuable in-kind prizes, with the first-place winner also receiving a $10,000 cash prize. Winners will be announced at a special live ceremony on June 25, 2018, in New York City.
“We are proud to celebrate the 10th year of The French-American Entrepreneurship Award, and our history of honoring and supporting ambitious entrepreneurs who are breaking into the highly competitive American market,” said Anne Busquet, Executive Director of FAEA. “We believe there is strong potential for exciting young businesses to thrive, and we are delighted to have the opportunity once again to foster their growth and development.”
The French-American Entrepreneurship Award is open to company founders in business for three years or less who are fluent in both French and English. Geared to early stage projects, eligible entries must offer a product or a service that is commercially viable on the American market with a demonstrated ability to generate revenues.
The first-place winner of the 10th annual French-American Entrepreneurship Award will receive a cash prize of $10,000. Both the first-place and second-place winner will receive coaching from CCE (Conseillers du Commerce Exterieur de France) Dreamstart following their successful 1234 formula; fully furnished office space in New York City for six months provided by Corporate Suites; a one year membership to the French-American Chamber of Commerce; and high impact media appearance and media coverage opportunities.
To apply, entrepreneurs must first submit a one-page business overview for judging by a panel of French-American business leaders and entrepreneurs with expertise across a variety of professional disciplines and industries. Submission guidelines and more information about the awards are available at http://www.faea-us.com/. Applications must be submitted by April 13, 2018.
Four competition semi-finalists will be announced on May 11. These semi-finalists will be invited to submit a business pitch deck by May 22, which they will subsequently present in New York City to a jury of French-American business leaders, led by members of the Club 600. The semi-finalists will also compete in the final round of the FAEA competition, presenting their projects live to an audience of French-American entrepreneurs and business people on June 25. Following the presentations, two winners will be announced.
Since its founding in 2008, the Award has enabled outstanding startups to advance their U.S. business objectives. The previous first-prize winners of The French-American Entrepreneurship Award were:
· 2017: Jean-Pierre Adechi for Wheeli (a carpooling app for college students) and second-prize went to Julien Delpec for Invivox (a global platform connecting physicians for in-person medical training);
· 2016: Thomas Marchand for Biomodex (a company devoted to 3D printing technologies to raw patient data to develop surgical simulators to assist in medical education and pre-operative planning);
· 2015: Camille Delebecque and Sophie Deterre for Afineur (a company which uses designer fermentations to craft tastier, healthier, and more sustainable food. Its flagship product, Cultured Coffee, redefines the coffee experience by unlocking new aromas and flavor landscapes);
· 2015: Pierre-Louis Théron, Nikolay Rodionov, and Axel Delmas for Streamroot (a new streaming solution that allows online broadcasters to provide better quality streaming while drastically reducing bandwidth costs);
· 2014: Arthur Lenoir, Adrien Cognée, and Baptiste Poirier for Jellynote (a social media platform that allows users to create and share sheet music, tabs and covers);
· 2012: Thomas Ferré for Tomi-O-Tee (the first line of golf wear made sustainably and in a design unique to the golf lifestyle, now part of Loomstate);
· 2011: Céline Legros for Canelé by Céline (a food business specialized in the baking and selling of French mini pastries to introduce the concept of Café Gourmand to New Yorkers);
· 2010: Stéphane Chong and Klaus Speidel for Hypios (a global online market place connecting communities of problem solvers and innovators);
· 2009: Sébastien Payen and Thibaut Scholasch for Fruition Sciences (a California-based business which assists individual wineries in capturing and analyzing vineyard data to improve consistency, yield, and quality).
For more information about the French-American Entrepreneurship Award and how to apply, please visit http://www.faea-us.com/.
The French-American Entrepreneurship Award is supported by the generosity of the following sponsors:
· Platinum: The French-American Chamber of Commerce
· Gold: Corporate Suites
The Club 600 was established in 1985 by a group of French-speaking business executives in New York City. Their intention was to create a forum for the exchange of ideas and experiences among Francophones living in New York and to contribute to the development of economic, commercial and financial relations between French and American business entities. The Club continues the same mission and today is composed of senior managers and owners of US companies with more than 100 members in four chapters (New York, Miami, France and Mexico). The FAEA was created to honor the memory of one of its members, the late Dominique Mercier, a successful entrepreneur. www.club600.com.
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