CONTRIBUTED TO THE OBSERVER

AUBURN —

The Lowder Center for Family Business and Entrepreneurship will host the Auburn Ideas Jam, giving businesses an opportunity to win $1,000 on Thursday Sept. 29.

This event is an opportunity for people to pitch a business idea or a creative solution to a problem, and contestants could win $1,000 for their business startup. Neither a formal business plan nor pitch deck is required.

“The Auburn Ideas Jam helps ideas and early-stage businesses grow,” states the competition’s website. “This is a low-barrier competition with no business plan or slide deck required. Individuals still at the idea phase or businesses that are pre-revenue and/or pre-product are strongly encouraged to apply.”

The Auburn Ideas Jam is geared toward helping cultivate new ideas and aiding businesses in their early stages. This opportunity is open to all individuals residing in East Alabama. Up to three minutes will be allotted for each person to pitch their idea, and complete competition details can be found on the website below.

“The slate of competitors will be divided into separate pitch booths, with several teams competing at each booth,” states the wesbite. “This has the effect of significantly improving the chances of winning funding for your early-stage business idea.”

Registration is open now and closes on Sept. 23. For more information about the event, visit www.harbert.auburn.edu/events/pitch-competitions/auburn-ideas-jam.html or contact Joshua Sahib at jsahib@auburn.edu.