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Challenges

Grant Funding

Lever Challenges offer $25,000 awards in non-dilutive grant funding to early stage companies through its Challenge programs. Lever specifies qualifying business verticals such as advanced manufacturing or health technology. Lever selects finalists, helps ready them for a juried pitch competition, and then supports the winning team during an incubation phase and beyond.

Berkshire Health Technology Challenge

The Berkshire Health Technology Challenge (BHTC) will provide equity-free seed funding for the startup that presents the most scalable and investable healthcare products or services. The purpose of this challenge is to attract and support entrepreneurs with a scalable innovation in health technology.

 

Application Period: November 1
Applications Due: January 26
Workshop 1: March 21
Workshop 2: April 18
Workshop 3: May 16
Final Pitch Competition: June 4

Berkshire Manufacturing Challenge

The Berkshire Manufacturing Innovation Challenge (BMIC) will provide equity-free seed funding for the startup that presents the most scalable and investable manufacturing business model that will yield products or services that may be utilized in the life sciences.

 

Application Open: August 1
Applications Due: October 27
Workshop 1: December 14
Workshop 2: January 11
Workshop 3: February 8
Final Pitch Competition: February 27

Intrapreneur Challenge

On October 3, 2019, Lever will award $25,000 to the Berkshire County company whose intrapreneur presents the new product or service with the most potential to generate new revenue for their company. To compete in Lever’s Intrapreneur Challenge, companies must submit an application between June 3rd and June 14th. Up to ten qualifying companies will be invited to compete on a first-come-first-serve basis. Qualification requirements are outlined below.

REQUIREMENTS:

  • Applicants must be a Berkshire County business with annual revenues greater than $500,000.
  • The proposed innovation must be aimed at growing revenues, not reducing costs.
  • Companies can only submit one application per challenge.
  • A team of 2 or more intrapreneurs should be assigned to lead the project.
  • Intrapreneurs must attend all three workshops and pitch rehearsals (see dates below).
  • Intrapreneurs must have a letter of support from the CEO/President of the company.
  • Intrapreneurs must be assigned a senior leader champion for the duration of the challenge.

 

June 3-14: Applications Open
June 28: Workshop 1
July 26: Workshop 2
August 23: Workshop 3
September 20: Pitch rehearsals
October 3: Final Competition Event

Intrapreneur Challenge

On October 3, 2019, Lever will award $25,000 to the Berkshire County company whose intrapreneur presents the new product or service with the most potential to generate new revenue for their company. To compete in Lever’s Intrapreneur Challenge, companies must submit an application between June 3rd and June 14th. Up to ten qualifying companies will be invited to compete on a first-come-first-serve basis. Qualification requirements are outlined below.

REQUIREMENTS:

  • Applicants must be a Berkshire County business with annual revenues greater than $500,000.
  • The proposed innovation must be aimed at growing revenues, not reducing costs.
  • Companies can only submit one application per challenge.
  • A team of 2 or more intrapreneurs should be assigned to lead the project.
  • Intrapreneurs must attend all three workshops and pitch rehearsals (see dates below).
  • Intrapreneurs must have a letter of support from the CEO/President of the company.
  • Intrapreneurs must be assigned a senior leader champion for the duration of the challenge.

 

June 3-14: Applications Open
June 28: Workshop 1
July 26: Workshop 2
August 23: Workshop 3
September 20: Pitch rehearsals
October 3: Final Competition Event

Berkshire Health Technology Challenge

The Berkshire Health Technology Challenge (BHTC) will provide equity-free seed funding for the startup that presents the most scalable and investable healthcare products or services. The purpose of this challenge is to attract and support entrepreneurs with a scalable innovation in health technology.

 

Application Period: November 1
Applications Due: January 26
Workshop 1: March 21
Workshop 2: April 18
Workshop 3: May 16
Final Pitch Competition: June 4

Typical Challenge Timeline

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