“The Startup Weekend has helped start four tech companies here in Rexburg,” Daniel Torres, Rexburg’s assistant economic director, said in a news release. “With the help of local experts and great mentors, we have seen business ideas go from just an idea, to a real business making money almost overnight. It is an incredible opportunity for the community.”
The three-day event starts Friday with a dinner and networking event. Participants will pitch their business ideas and they will form teams around the most popular ideas. Teams then develop business models based on the ideas, with help from mentors, throughout the remaining two days.
Judges will award prizes to the best business models, after a presentation from each team, on Saturday, the final day of the event.
Startup Weekend tickets are $25 between now and Thursday. For people who do not want to participate in the event but want to watch the final presentation of business ideas on Saturday, tickets are available for $5.