One entrepreneur will win a Hurco CNC mill or lathe at the Hurco IMTS booth on Tuesday, Sept. 9, 2014, as part of the first ever Chipmaker Challenge contest. The application period started July 1, 2014, and will conclude Aug 8, 2014. The top five finalists will appear at IMTS to pitch their business plan, win a brand new machine, and control their future with Hurco CNC technology.
“The idea of the Chipmaker Challengeevolved as we discussed ways to add some excitement to IMTS and get publicity for the entrepreneurs in our industry who do remarkable things each and every day,” said Joe Braun, General Manager of Hurco North America.
“Our customers are competitive, proud of the businesses they’ve built, and the products they make. We decided to model the Chipmaker Challenge after the television show Shark Tank in order to create an exciting, competitive, entertaining event that showcases manufacturing entrepreneurs and highlights the hi-tech aspect of manufacturing in this country. We know there is an effort to rebrand manufacturing so young people and their parents better understand 21st century manufacturing and we hope the Chipmaker Challenge might bring more attention to the industry,” continued Braun.
Purpose: Competition to support + promote manufacturing entrepreneurism.
Sponsored by Hurco
Requirements to Apply: Legal resident of the USA. Must be 18 years or older. Must be early stage manufacturing business that would benefit from CNC machine. Early stage is defined as a company in business 5 years or less as of July 1, 2014. Scroll to bottom of page to see full Eligibility Requirements
Prize: Winner’s Choice: Hurco VMX42i mill or TM8i lathe
Jul 1 – Aug 8: Contestant Apply
Aug 9 – Aug 14: Applications scored
Aug 15 – Aug 28: Finalists notified
Aug 30 – Sep 8: Online voting period
Tues, Sep 9, 1:30 pm: Chipmaker Challenge Live Event at Hurco IMTS Booth S-8319
Sep 9th - Winner Announced
How It Works
There are two parts to the contest.
Part 1 is a list of general questions.
Part 2 of the application includes your story and why/how you would benefit from winning a Hurco CNC machine. You can complete this second part by writing an essay or making a video--or BOTH!
After the online application period ends on August 8th, the top 5 submissions will be identified.
The 5 finalists must be able to travel to IMTS to appear on the live version of the Hurco Chipmaker Challenge where you will make your pitch and answer questions from the judges during the afternoon of Tuesday, September 9, 2014.
The judges are not employed by Hurco Companies, Inc., but have been identified for their knowledge of manufacturing, entrepreneurism, finance and/or business, or the ability to bring attention to our industry due to their success.
The winner will be chosen based on the combined score of the judges, plus the vote totals received via social media and online.
The winner will be announced Tuesday, September 9, 2014 at IMTS.
The winner is responsible for the cost of shipping, rigging, and taxes that may be incurred. Consult your tax professional for specific tax ramifications of winning.
In addition to winning your choice of a Hurco VMX42i CNC mill or TM8i CNC lathe, you will win $10,000 worth of Hurco Bucks to be used for tooling, training, or other options/services Hurco provides.
The Hurco Chipmaker Challenge” (the “Challenge” or "Promotion") is open only to qualified individual persons who are employed by, or an owner of a manufacturing firm or a job shop that has been in business zero years to five years as of July 1, 2014. A Participant must be a legal resident of the fifty (50) United States, the District of Columbia, and 18 years of age or older at time of entry. This Promotion is not open to the general public. Employees of Hurco Companies Inc. (the “Sponsor”), their advertising or promotion agencies, those involved in the production, development, implementation or handling of the Promotion and any agents acting for, or on behalf of the above entity, their respective parent companies, officers, directors, subsidiaries, affiliates, licensees, service providers, prize suppliers any other person or entity associated with the Promotion (collectively "Released Entities") and/or the immediate family (spouse, parents, siblings and children) and household members (whether related or not) of each such employee, are not eligible. All U.S., federal, state and local and municipal laws and regulations apply.
Void where prohibited by law.
The Legal Stuff
NO PURCHASE NECESSARY. Not Open to the General Public. Challenge is open to: Manufacturing firms and small job shops that have been in business zero years to five years as of July 1, 2014. Participants must be permanent legal residents of the U.S / D.C, and 18 years or older at date of entry.
Submissions must be received by 11:59:59 p.m. ET August 8, 2014. For details and Official Rules visit hurco.com/WIN or click here. Void where prohibited. Sponsored by, Hurco Companies, Inc., Indianapolis, IN.